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EU to ban anonymous crypto accounts and privacy coins by 2027

cointelegraph.com

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

#132

Post by egorfine »

neiman wrote: post #99
alexey-salmin wrote: post #95

Earlier quoted context omitted.

Out of curiosity, which country is this? My experience is quite similar in France (except that I tried more than one physical bank).

Poland, and specifically Warsaw, since the process might be a little different in different parts of Poland.

Please try PKO. I had a total and welcoming success there with the same set of problems. Specifically, the branch in Atrium (at Jana Pawla II).

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

#133

Post by dns_snek »

glimshe wrote: post #32
delusional wrote: post #22

Earlier quoted context omitted.

The banners are not mandated by law. That's an implementation choice. Websites chose to show you annoying banners to make you annoyed with the law. They could just not track you.

Yes, the vast majority of the websites are just being annoying because they are childish. It has nothing to do with the law. The medium-large company I used to work in the US hired a full-time senior director to address GDPR. He had a team and the effort took years and touched every corner of the company.

The vast majority of websites are obnoxious with consent prompts because they have a clear profit motive that is achieved by harassing and tricking people into giving them permission to abuse their privacy for profit, but I'm sure you know that.

Sob stories about companies being forced to reckon with their unethical business practices in the face of new laws are nothing new. Companies that profit from playing fast and loose with people's personal data complain about the hardships of following GDPR, food companies complain that the limits for cancer-causing chemicals and heavy metals are too low, and factories complain that they should be allowed to dump toxic waste in the rivers.

And employees working for those companies often pick up these sorts of irrational views by osmosis to preserve social cohesion within the company.

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

#136

Post by lawn »

cykros wrote: post #121
lawn wrote: post #91

Earlier quoted context omitted.

That's still expensive for cheap things. And what's worse is that it's impossible to reliably predict the correct fee to be able to get into the next block. This means that at any time if you're unlucky your payment might get stuck for hours, days or even weeks.

If you're buying cheap things with on-chain payments, it's a bit like sending a bank wire to Starbucks for your coffee. Lightning exists for a reason. Comes with far more privacy too -- arguably even more than Monero, if done right.

It's ignorant to claim Lightning provides better privacy than Monero.

The problem is that a cryptocurrency could support both large and small transactions, which Monero does.

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