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When I first saw the roster of speakers who would be speaking at Invest Cuffs 2025, Kamil Gancarz immediately caught my eye and I decided I couldn't pass up the opportunity to invite him to our Bitomat.com wall.
Investor, entrepreneur, inventor - a very opinionated, but also sometimes controversial figure. Our conversation was not strictly focused on the topic of bitcoin, but something very related to the foundation of the largest of cryptocurrencies - financial freedom and remaining as independent as possible from the actions of institutions in the traditional sector.
If you were wondering why at all Bitomat's Bitcoin ATM outlets you can only buy and sell cryptocurrencies using cash, I'm already in a hurry to explain.
Well, this is the only form of money that still allows us to remain anonymous if we are talking about fiat currencies - and we can be sure that no bank will take away our access to it.
🛡️ Cash is the last bastion of financial freedom and anonymity if we are talking about traditional markets.
But here we have to ask a fundamental question:
👉 For how much longer?
Governments around the world have been pushing for many years for us to have limited ability to use cash. We don't even realize how many ways central banks are trying to force us to resort to digital forms of settlement.
Kamil Gancarz has repeatedly addressed this issue in videos he has published. As early as 2022, he warned that banks were doing everything to keep the supply of cash in circulation as small as possible.
- It has stabilized a bit, but this cash adoption is still being artificially reduced.
This is especially evident in corporate banking, but it is happening in retail as well. Bank branches are no longer handling cash, so what is this if not a fight against it? - Bitfold 's CEO said in an interview with us.
In Europe, regulators have long been loudly manifesting the need to introduce the digital euro (CBDC) in place of cash.
It is well known for a long time that this form of money will not protect us from surveillance - on the contrary:
💡 Central banks will know everything about our receipts and expenditures
💥 will be able to deactivate our funds at any time
- Europe is sure to introduce CBDC and offline transactions, based on the argument "what if there is no Internet?"
Right now it's out to tender to run it.
It will be a surveillance system.
Whether this money will have a validity system is yet to be confirmed by anyone, but it could be, Gancarz warns.
By the way, it is worth reminding you that at all Bitomat.com Bitcoin ATM outlets you can make anonymous transactions to buy or sell cryptocurrencies using cash up to €1,000 at a time.
🧾 Moreover, you can make as many as 15 such transactions in one day, so:
➡️ You can trade up to €15,000 a day
➡️ No need to scan your ID
➡️ No revealing your identity
💥 This is a viable alternative for those who want to protect their privacy in an era of increasing digital scrutiny.
🟢 Visit: Bitomat.com
