finbold.com/anonymous-crypto-wallets-now-illegal-in-the-eu/
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>And how exactly will they enforce this?
Very easily, exchanges and banks will do the all dirty work (they already do)
It is no longer a matter IF you break the law, but HOW MANY laws you break every week.
Thought for the Day; Laws that just about everyone agree is a good idea (murder, rape, theft,..), are not needed.
All other laws exist because just to suppress and control us.
Idea; A personal AI that will follow you everywhere and count how many laws you break, congratulate you one leveling up and shower you with badges and achievements.
@romin @SuperSnekFriend @graf yeah you won't be able to easily exchange it into Euros without them knowing.
@romin @SuperSnekFriend @graf kinda already happens just with fiat.
"Oh, you don't like the 'migrants' raping and murdering people? Well, you haven't said something legally actionable yet, and you haven't committed a heckin' terrorism either, so we're taking your bank account away and putting you on a blacklist!"
Though, you can at least (for now) still use physical currency.
@PunishedD @graf @rein @WoodenDoorInspector
Exchanges are not the weak point of crypto. The weak point of crypto is that nobody really wants the fucking crypto. Everybody wants the nice and shiny fiat money they get when they sell the stupid crypto, presumably after some valuation. Crypto itself is worthless, always been, purely valued over the promise that it can be turned into more of the currency that really matters after a certain time.
Of course. It is the socialist republic of EU no one is surprised!
I've said this many times and I'll say it again. The moment crypto becomes useful for the average man, it will be regulated to death or made illegal.
States tolerate no competition since they are at their core, just another maffia backed by threat of violence.