French Finance Minister Michel Sapin is taking advantage of the Paris terror attacks to pressure his European colleagues to continue cracking down on cash, Bitcoin, and pre-paid cards, while also increasing the amount of financial information shared amongst European governments. The French war on cash is nothing new, in fact it’s been going on for years. Its origins have nothing to do with cracking down on actual crimes, but rather in attempting to maximize the French government’s tax revenue. To a government in dire financial straits, any excuse it can come up with to crack down on unrecorded financial transactions will be used, the Paris terror attacks being a gift that fell into the French government’s lap. Nothing that these governments agree upon will do anything to prevent any future terrorist attacks, they will only ensnare and encumber innocent citizens. Not only do the French people have to fear terrorist attacks from ISIS and its sympathizers, they also will be bled dry by their government, with little opportunity to keep their money out of the hands of greedy government officials.

