Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

EU to ban anonymous crypto accounts and privacy coins by 2027

cointelegraph.com

Post reply on HN
Print view View original

11–20 of 139 posts

Re: EU to ban anonymous crypto accounts and privacy coins by 2027

#11

Post by FirmwareBurner »

harperlee wrote: post #9
FirmwareBurner wrote: post #6

Earlier quoted context omitted.

[flagged]

[flagged]

What I think is that your argument is in bad faith and breaking HN rules.

The governments, being useless and focusing on the wrong things, are banning objectively non-nefarious objects (ninja swords, anonymous coins) that can be use for good by good actors (cutting stuff in the garden, sending money in privacy) but are sometimes used for evil by bad actors (murder, money laundering), like many other things.

How can rape and murder ever be used for good by the general public? Did you ever meet someone in need of a legit rape/murder in the name of good? How can you possibly make such a comparison? Honestly!

Banning a tool doesn't stop the criminals from committing crimes that are already illegal, it's just removing a tool from the law abiding citizen.

Re: EU to ban anonymous crypto accounts and privacy coins by 2027

#12

Post by dp-hackernews »

harperlee wrote: post #9
FirmwareBurner wrote: post #6

Earlier quoted context omitted.

[flagged]

[flagged]

Do you think having an argument will make any difference either way?

"Nothing us either good or bad, but thinking makes it so."

That's just the inherent diversity of thinking across the whole of civilization and time, and is as controllable as the weather.

Re: EU to ban anonymous crypto accounts and privacy coins by 2027

#15

Post by RalfWausE »

JSR_FDED wrote: post #5
karel-3d wrote: post #3

...on exchanges. They don't ban the coins and their private usages, they ban them on exchanges.

What are the implications of that?

If you stay within the crypto-economy (e.g. buy stuff with coins from places who also only deal with coins) nothing prevents you from doing so.

Re: EU to ban anonymous crypto accounts and privacy coins by 2027

#16

Post by JoshTriplett »

jmcgough wrote: post #4

[flagged]

The EU's legislation has been decidedly mixed, and not an unalloyed good. Makes me wish there was a functional mechanism by which different jurisdictions could have an overall collaborative framework and experiment with different approaches without eventually deciding to force others to comply. I had some hope of the EU being that, but both the US and the EU have trended towards homogenization. I wonder if, in a hundred years, the EU government will claim as much power at the EU-wide level as the US federal government.

So much harm has been done in the name of AML/KYC. Money laundering is auxiliary to some other activity that governments define as "evil". Laundering the proceeds of some activity a government does not approve of is exactly as good or evil as whatever the activity itself is, and as always, law and morality are two different things. When passing such provisions, governments will always cite the worst possible activity whose proceeds might be laundered, but the resulting powers are far too easy to abuse.

Re: EU to ban anonymous crypto accounts and privacy coins by 2027

#18

Post by smallnix »

FirmwareBurner wrote: post #11
harperlee wrote: post #9

Earlier quoted context omitted.

[flagged]

What I think is that your argument is in bad faith and breaking HN rules. The governments, being useless and focusing on the wrong things, are banning objectively non-nefarious objects (ninja swords, anonymous coins) that can be use for good by good actors (cutting stuff in the garden, sending money in privacy) but are sometimes used for evil by bad actors (murder, money laundering), like many other things. How can r…

My best interpretation of their comment would be that to ban owning ninja swords or rape does not prevent either from happening 100% of the time. But it's still the 'right' thing to do and prevents it some of the time.

But I am guessing here.

Re: EU to ban anonymous crypto accounts and privacy coins by 2027

#20

Post by delusional »

JoshTriplett wrote: post #16
jmcgough wrote: post #4

[flagged]

The EU's legislation has been decidedly mixed, and not an unalloyed good. Makes me wish there was a functional mechanism by which different jurisdictions could have an overall collaborative framework and experiment with different approaches without eventually deciding to force others to comply. I had some hope of the EU being that, but both the US and the EU have trended towards homogenization. I wonder if, in a hund…

Do you have any example of when these powers were abused?

Where I am, we have seen massive money laundering scandals, and I have yet to hear of anyone abusing it. My read is that the abuse currently comes from not applying it enough to stuff you want to make money from, not over applying it to things you disagree with.

Post reply on HN