Pure wapor. How will they ban anonymous wallets?
by making it a crime to have one or accept money from one? ¯\_(ツ)_/¯....
EU to make Bitcoin traceable, ban anonymous crypto wallets
41–50 of 267 posts
Re: EU to make Bitcoin traceable, ban anonymous crypto wallets
#42Pure wapor. How will they ban anonymous wallets?
By passing a law that makes them illegal, simple as that.
Re: EU to make Bitcoin traceable, ban anonymous crypto wallets
#43Pure wapor. How will they ban anonymous wallets?
It's the same thing as if EU jumped to ban our classic, leather, pocket wallets. Pure bullshit, except if this is marketing?
Re: EU to make Bitcoin traceable, ban anonymous crypto wallets
#44This is going to work out just as well as when the EU banned tracking cookies!
Instead of making meaningful change, the EU proceeded to make almost every European website 10x worse with egregious cookie nag screens filled with dark patterns. They trained users to accept all advertising cookies, while being massive hypocrites (a lot of EU bureaucratic websites ship user data to Google via GA or GTM). The EU is one of the biggest threats to online freedom. Threatening to ban memes, egregious copy…
> Instead of making meaningful change,
Meaningful change: the ways that web sites track you are now disclosed and require your explicit consent.
> the EU proceeded to make almost every European website 10x worse with egregious cookie nag screens filled with dark patterns.
It is the web sites that have chosen to make your experience worse. The blame lies with them.
Re: EU to make Bitcoin traceable, ban anonymous crypto wallets
#45In other news, the government has declared by decree that nobody is allowed to memorize seed phrases anymore. Also, multiplying prime numbers is now illegal. edit: Downvotes are funny because we are almost certainly going to see laws passed in the next few years that are functionally equivalent to the rules stated above.
The downvotes you are getting is for not reading the article.
Your comment is not on-topic.
Re: EU to make Bitcoin traceable, ban anonymous crypto wallets
#46It is very hard to ban math. An “anonymous wallet” is a random number!
It's very hard to ban math. It's very easy to ban communications, which may happen to contain math.
Re: EU to make Bitcoin traceable, ban anonymous crypto wallets
#47Everybody who ever thought that crypto currencies will not come under this scrutiny was highly delusional. All other governments will follow soon.
Governments can either get onboard, and come up with a reasonable, practical regulatory environment, or alternatively they will be left behind and Crypto will evolve to circumvent their wishes.
It is a shame but the USA may end up leapfrogging the EU in the same way they have done with other innovations, like Social Media, Self Driving Cars, and other cutting edge tech. It turns out regulating entire sectors of the economy out of existence has consequences.
Re: EU to make Bitcoin traceable, ban anonymous crypto wallets
#48Re: EU to make Bitcoin traceable, ban anonymous crypto wallets
#49Earlier quoted context omitted.
Instead of making meaningful change, the EU proceeded to make almost every European website 10x worse with egregious cookie nag screens filled with dark patterns. They trained users to accept all advertising cookies, while being massive hypocrites (a lot of EU bureaucratic websites ship user data to Google via GA or GTM). The EU is one of the biggest threats to online freedom. Threatening to ban memes, egregious copy…
Does that not make you wonder what it is that they want to track which is so incompatible with those regulations that they'd rather ban the traffic?
Tracking is a choice. uBlock Origin is a free download. Geoblocking is not a choice.
EU citizens are worse off only having access to insular media with one viewpoint. If you're German and a significant amount of foreign media is either blocked or scorned, you end up enabling giant frauds like Wirecard.
Germany's homegrown DW had fawning coverage of the fraud, calling it remarkable and a "weapon against poverty". [1] [2]
[1] https://www.dw.com/en/whats-behind-the-remarkable-rise-of-ge...
[2] https://www.dw.com/en/is-fintech-the-latest-weapon-in-the-fi...
Re: EU to make Bitcoin traceable, ban anonymous crypto wallets
#50Earlier quoted context omitted.
I've used eth twice for motorcycle purchases from private sellers. Perhaps it's useful in for medium-large purchases.
Does it have a particular advantage over something like Venmo or Zelle? At least in the US?
I think Venmo has a limit on how much you can transfer in a day