EU Parliament commitee approves cash cap and ban on anonymous crypto payments

EU Parliament commitee approves cash cap and ban on anonymous crypto payments
patrick-breyer.de

For the regular person, there is no issue here. Cash is still fine, anonymous payments are possible.

Anonymous online / digital payments seems to exclusively facilitate crime, but doesn’t seem to be relevant to regular ‘normal’ people.

I think banning anonymous crypto payments is therefore a good thing.

The vast majority of people shopping online do so with their identity known and that’s totally OK (and required when buying physical stuff)

A ton of people will probably want to point out at this point that banks and merchants sell their customer data and their shopping behavior, which to me is absolute bonkers and immoral. However that’s a different issue, one that is only fixed with legislation, which makes it a political topic.

Anonymous crypto payments may also help specific dissidents in certain countries but that upside doesn’t justify the enormous downside.