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Like the cookie-law. An amazing success, I'm reminded daily about it.
The Cookie law works great. Every time you click "Essentials only" you're denying to be tracked.
EU to ban anonymous crypto accounts and privacy coins by 2027
21–30 of 139 posts
Re: EU to ban anonymous crypto accounts and privacy coins by 2027
#22Re: EU to ban anonymous crypto accounts and privacy coins by 2027
#23Re: EU to ban anonymous crypto accounts and privacy coins by 2027
#24[flagged]
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>criminals
By definition, they are criminals because they are breaking the law. And therefore the EU government had something to “go after” them for.
Remember, it was tax evasion that the government was able to convict Al Capone on, not his other activities. And also a simple traffic stop for an expired registration or inactive taillight that has put many possessors of a small amount of marijuana in jail.
Re: EU to ban anonymous crypto accounts and privacy coins by 2027
#25[flagged]
This is an anti-privacy law, though. Anonymous cryptocurrencies like Monero allow you to truly privately transfer money.
Re: EU to ban anonymous crypto accounts and privacy coins by 2027
#26[flagged]
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Yes and if they are caught they will be prosecuted and punished like with any other ban. Converting a significant amount of Monero into actual money will become much harder if its illegal. This will reduce availability of such services and make privacy coins less attractive to criminals which is exactly what the ban is aiming for.
Re: EU to ban anonymous crypto accounts and privacy coins by 2027
#27Earlier quoted context omitted.
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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…
The argument would be that your "non-nefarious" use is just not that important. Cutting stuff in your garden with your ninja sword or sending money in privacy with your fake money is just not something anybody gives a shit about you being able to do.
Re: EU to ban anonymous crypto accounts and privacy coins by 2027
#28Monero in particular absolutely terrifies governments and financial institutions - you can tell because it's been banned and delisted practically everywhere. This gives me great confidence in it. Not as a speculative asset, but as a means of having truly private transactions.
Re: EU to ban anonymous crypto accounts and privacy coins by 2027
#29Earlier quoted context omitted.
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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…
I would think that most of the things that require privacy in a payment are more or less shady, except for the few % of people really into tech that can't be traced back
I'm not either pro or against such bans because I'm not well versed into the crypto universe (just like almost anyone else) though
Re: EU to ban anonymous crypto accounts and privacy coins by 2027
#30...on exchanges. They don't ban the coins and their private usages, they ban them on exchanges.
Wasn't this essentially illegal already due to KYC regulations?
I believe it was this: https://eur-lex.europa.eu/eli/reg/2023/1114/oj/eng