Topic: Bitcoin will be banned in the EU starting from 2025 if ... (Read 601 times)

Such a decision can be considered a big victory for the cryptocurrency and its supporters. States are already forced to reckon with the interests of a large number of the population using cryptocurrency. But, of course, the states will continue the practice of tightening its regulation, there is no doubt about it. Also, similar restrictions on cryptocurrencies using the PoW algorithm may still be applied in individual states. The confrontation between cryptocurrencies and states will continue for a long time.

The EU is keenly looking into creating their own CBDC and are actively working on the matter. While they are no China and aren't nearly as heavy handed as China, I imagine they too would not be too happy with a competitor they cannot fully control, so while I doubt there would be an all-out ban of Bitcoin (and crypto in general), I imagine we will be seeing some pretty strict regulation of cryptocurrencies in the region in the future. I don't think regulation is necessarily a bad thing, as it will prevent at least some of the scams, but who knows what other effects it will have.

I think for now the issue has been resolved after it has been voted for and against, so placing a ban is a thing of the past but the challenges now is on the regulation, they are seriously not taking it likely in this aspect, because since they cant win through the PoW energy consumption and it carbon waste on the environment, regulation is their big target for catch. And am well convinced the bitcoin network will make through this.

3 years from now, do you think that those legislator or the party in position will still there? they might die or leave their position those days.

don't be too much alarmed mate because there are so many things that might happen in the next years.

I am still believe that in days come? for sure adoption is what we will have and not banning.

There are more to come in that 3 years so let it happen for our own benefits .

IMHO, I think it's not good if Bitcoin will be banned in the EU countries because the EU is a big market for Bitcoin and other cryptocurrencies, and im sure that it can bring negativity to the crypto industry as well. but luckily it will not happen because according to the latest information that was provided says that the regulators only want to make it more energy effiecient so based on that pronouncement I presume that they agree on some sort of solution to that energy problem and maybe the Proof of Stake can fix that.   

Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote
https://www.coindesk.com/policy/2022/03/14/proposal-limiting-proof-of-work-is-rejected-in-eu-parliament-committee-vote-sources/

They voted 30-23

After China banned bitcoin mining in their country, then bitcoin moved to the United States, Russia and Kazakhstan, if only the deal happened and the European Union banned it again. Bitcoin for various reasons, I think bitcoin will look for other countries, because I believe and believe that bitcoin can never be banned, and the deal will never be approved by all the European Union, there must be a european country that will defend bitcoin, like what happened a few years ago.

Some powerful countries don't want to lose control, Bitcoin represents freedom, they are afraid that people can freely choose anything. They are trying to replace cryptocurrencies with their own national digital currencies. Bitcoin may be banned all the time in these countries, but that doesn't make a difference for Bitcoin. Bitcoin has proven itself over the years.

That's really interesting, as long as the Internet exists, there is no way to stop the use of Bitcoin. If there is technology to stop it, why does Bitcoin still exist in 10 years? Why not destroy Bitcoin, it shows that there is no such technology that can destroy Bitcoin.

Why do you think that the European Union cannot ban mining and circulation of bitcoins? Even the reason they announced is that PoW cryptocurrencies are very energy intensive when mining and at the same time contribute to the emission of greenhouse gases into the atmosphere enough that such cryptocurrencies, including Bitcoin, were unequivocally banned. Governments need to review their industries and take similar measures to prevent abrupt climate change. If they do this with their economy, then believe that the above decision to ban cryptocurrency will be accepted.
Bitcoin needs to switch to other algorithms or look for other solutions to get out of this situation and not expect that something can change for the better.

I call it bluff,by 2025 i think we should see mass adoption,like really mass adoption,the average joe is now learning more and more about blockchain technologies and its variants,we they see what is it going to become they wont be out of it,but...in worst case scenario,bitcoin will forever live in the internet,even if the world outside of it ban it.

For now? Anyone can actually use Bitcoin anytime in China, if they only have the tools and know the tricks. I know someone can say “debatable”, BUT laws cannot stop Bitcoin from being permissionless, and censorship-resistant. It will always be used where it’s needed.

Statement EU about the prohibition of Bitcoin, in my assessment is almost the same as what happened at that time against China, in fact for now Bitcoin can still be used by the Chinese.

2025, it's too early to say something obvious they can't do it, EU just said but can't do it, I'm sure Bitcoin in EU until 2050 is still fine, see you later if longevity.

Plus if the E.U and the U.S. truly forces a "ban" on Bitcoin, and refuse to be any part of the network, then how could they help the nation-states that are forced to use it? Like Ukraine for example. Institutions and individuals in Ukraine will need and use Bitcoin.

They are in a different situation now and what if total invasion of EU occurs right? In this time, this plan is far away from happening unless there could peace talks and all would be normal what it was years ago.

Banning the existence of btc will just create an underground market but not totally eliminating it. So for these governments, I would say it is best if they can just regulate their crypto businesses so they can get a hold of the taxes from this industry. Also, they have seen that there is no impact when China banned its miners. It may have caused temporary decline in the market, but btc goes up again. So considering a giant economy like China, which has not influenced much the market, how much more of other small countries can do to the btc market?

Maybe not, or they'll realize that banning Bitcoin is really not a good idea. They never push through that banning proposal coz they don't have the support either. I see their influence is strong, the government could easily make ban Bitcoin if they saw illegalities in this but they don't, they saw nothing but just a helping tool to the people and also for the economy.
They will surely change their mind and instead of proposing to ban Bitcoin, it was best to support and focus on imposing tax than doing this coz this will only fail. Might be possible that some of these leaders are investing in Bitcoin already.

From 2025? then it is too early to miked up this news. How foolish they will make people! Who can tell what is going to happen in the next three years? Let them sit with their shit paper money. think of Ukraine once in this situation, they have no gold in this situation.
So, with the outbreak of World War III by 2025, paper money will have no value, the only way is to supply bitcoin and gold.

I think most countries' governments don't really know the best approach to apply when it comes to btc, I read that the bill to ban PoW has been postponed, I sense the main reason for the postponement is because of this latest development with Ukraine crypto donations, even if they won't publicly admit it, it must have influenced their decision somehow,  they have seen the power of crypto and decentralization.

I don't really think Europe would outright ban bitcoin because bitcoin has so many users in various parts of Europe. In addition, they get taxes from bitcoin and other crypto transactions which somehow helps their economy. I guess they are just planning and organizing the moves and regulations they will lay down after 3 years which is why it is still so far ahead. I think they are counterchecking ways and other alternatives aside from banning bitcoin just because it is not environmentally friendly. After all, some bitcoin mining is now transitioning into greener and eco-friendly ways to mine bitcoin. Using geothermal and other renewable resources to be their main source of energy and power for the electricity consumption of mining btc is now being adapted in other countries. The pros and cons should be weighed down. And I believe they won't risk eliminating bitcoin usage because people would just resort to other ways of accessing it and making transactions which they don't want to happen obviously due to money matters.

Many times they have tried to ban bitcoin but to no avail. Why? Because they can't manipulate nor control it as well as the will of the users to utilize it. It will just be an endless race. So instead of banning, maybe they will come up with something that will benefit them and will be favorable to the people as well.

They can “ban” it, with the quotes. But to truly ban a censorship-resistant, decentralized cryptocurrency that you can store in your head through a memorized seed phrase is impossible.

Although an EU ban would be an interesting experiment for the Honey Badger.

Plus they should be careful. The technology they ban can and will be used against them by entities who would embrace, and weaponize it. Bitcoin’s underlying nature to weaken their strongholds in finance and finance and politics is not fully understood, nor is it priced in.

Yes, if intend to ban it, why wait years, and in my opinion, for bitcoin to 2025, bitcoin changes will definitely go further and become more popular and any related issues will be resolved soon.
because there's a lot of potential for bitcoin to become more popular in the future, and I think that's something to really pay attention to. And more and more businesses are starting to accept bitcoin as a way of payment and lots of other good news that I think will continue that in the end many countries have accepted it well.

It does seem like the writing is on the wall for Bitcoin and cryptocurrencies, unless they can figure out a way to become more environmentally friendly. Unfortunately the complex calculations the blockchain is trying to solve creates a lot of wasteful duplication and all of the "wrong" answers translate into wasted energy. It comes down to a simple question - is the benefit of a decentralized currency better than existing payment networks. Quite simply they are not for the vast majority of use cases. If you can send a simple transaction between financial institutions already which costs a fraction of the energy of a bitcoin transaction then it will never be justified. It should be remembered that most of the world is currently in an energy crisis right now, so any way to conserve it will be looked upon favorably.

2025 is long time to speculate and if they want to ban it they will do it now not on the year which is far to happen. And there's so many thing to happen on that year then might we can see bitcoin adoption or became a legal tender on some countries in the world. If good things happen for sure they will never think about banning bitcoin but they will find ways to regulate it.

We’ve been commenting this on my local board, and my view all along was that someone has blown the scale out of proportion, and what was likely related to discussing PoW mining, somehow scaled to an interpretation and echo of banning all services related to PoW coins.

(translated)
https://twitter.com/DrStefanBerger/status/1497151798355898368

Berger, whom I believe was bearing the weight of the proposal, even seems to downplay the PoW discussion. Something to follow, but that likely should not raise all these bells and whistles.

This is all politics.....

They have to push "Green" energy solutions, because they are forced to buy Renewable energy credits to bypass the laws that require them to operate without all these energy saving solutions. So environmentally conscious governments are making money out of this and they will most probably start looking for ways to tax POW in the future.

They need time to do this and I should think 3 years will give them time to decide if they can profit from this or not....and if they don't, they will probably ban it. 

Haha. They actually don’t know what they want because it’s truly hard to define what Bitcoin is. Is it a mere Ponzi? A currency for personal finance? A protocol to use to go around sanctions? A network to weaken financial, and socio-political strongholds? The definition becomes bigger and bigger.

This meme illustrates how confused people are.

Check the date , that is 2025. Who knows what will happen in 2025. If they need to ban crypto, why not ban in 2022 ? The fact is that this news are produced only to suppress the bitcoin price and create negatively. Don't know why it is done, perhaps some whales need to buy more cheap bitcoins.

They can't ban bitcoin now, not next year, and not even in 2025. I think in 2025, you will hear statement that EU have accepted bitcoin 

"over energy concerns"

Are they out of researchers? Lots of researches have done that the consumed energy in bitcoin mining is too low compared to other industry like banks or even much greener than gold mining. Even lots of these miners moved to green energy compared to this old-aged industries.

Why they still keep pushing that it's their main reason? Would be reasonable if they just say that don't want it since they can't control over it.

Well, 3 years left isn't worrying, right?  We can just think about what gonna happen in 1 year or in 3 years, kinda we see more changes on the market, and that "IF" turns to "F" failing to ban Bitcoin. Hearing more FUDs isn't healthy anymore, I hope the government will help instead of contradicting the development.

I'm not sure but maybe they could appreciate Bitcoin 3 years from now and change their plan, they will support Bitcoin and cryptocurrencies. They can't be blind forever and seeing the growth of Bitcoin users will help them realize that it needs support, not criticism or banning.

That ban may not be possible in the long run because there are still a lot of positive changes in bitcoin that will take place within 3 years from now. Patrick Hansen, head of growth and strategy at decentralized finance startup Unstoppable Finance, described the proposal as “suicidal,” predicting that it would kill the entire crypto industry in the EU.  But we'll see if they will come to succeed that ban since bitcoin has now becoming more inevitable, so how much more by 2025 when most of the countries have already decided to legalize bitcoin and eyeing bitcoin to be an alternative currency by then. Source:https://u.today/eu-on-track-to-ban-bitcoin-report

It's not even a FUD for me, that's 3 years from now, imagine the scope of adoption we already have by that time. Actually, I'm not worried or never will be worried about that as I heard a lot of bad news, speculation, or anything related to it about bitcoin before, but look where we are now, bitcoin is still here successful.

That is the answer to what I wanted in this post, and I got it from here. Look at what I believe now regarding bitcoin and crypto. It's not just a payment asset or just a revolutionized technology. Now it has turned into a community, it has become a network, and it has succeeded in connecting the whole world with its chain. What is blockchain? Those countries that legalise bitcoin can easily use bitcoin in other supported countries too. It's like they are using the other countries' currency too. But all the currency is the same, isn't it? I also believe that in the future, the whole world will adopt it. No one can deny it easily because it is a network for community. And the EU is predicting about 2025. It's like another joke.

Update 25/Feb/2022

European Parliament Postpones Vote on Crypto Regulations Indefinitely

'The European parliament has postponed its vote on the proposed regulatory package for crypto assets after a leaked draft drew criticism for including a provision that sought to ban the use of cryptocurrencies like bitcoin and ether in the European Union (EU) over energy concerns.

The parliament member in charge, who is known as the rapporteur, Stefan Berger, has asked for more time to clarify the provisions, according to a Twitter post he made on Friday. The parliament was supposed to vote on the draft for the Markets in Crypto Assets (MiCA) framework on Feb. 28.'

Source: https://www.coindesk.com/policy/2022/02/25/european-parliament-postpones-vote-on-crypto-regulations-indefinitely/


European Parliament delays vote on crypto assets bill over proof-of-work debate
https://www.theblockcrypto.com/post/135459/european-parliament-delays-vote-on-crypto-assets-bill-over-proof-of-work-debate

China, America, sometimes Russia sometimes India, everyone has tried to ban Bitcoin and everyone keeps getting taught that they're wasting their resources. Some of the enemies have now become friends.

You ban the intent, you can't ban the method.

EU citizens are even more equipped to avoid detection as GDPR protects their privacy more than anywhere else in the world.

Per thousands cubic meters .
And it has already been there in December.


As I said previously, it's like a vegan restaurant banning meat products from its menu.
Europe has been left with just a few mining farms in the northern countries and a few in Italy, the rest of miners are just like me, small things in the single digits petahash ranges, once my deal with the power company ends if I have to pay open market prices I'm gonna sell all of my gears even without a ban.


There is one huge difference between accepting bitcoin and accepting mining.
In the EU we use a lot of things that we simply import from other countries and let them deal with the pollution caused by it, the same as we deal with plastics, it's banned to throw it away so we pay poorer countries to take it and, it ends getting thrown away anyhow.
Do you think we care how much pollution is caused where those solar panels and windmills are manufactured?

We won't ban the usage as it's profitable but we need to keep away the unknown and maybe troublesome parts of it.

Don't worry mate that is 3 years from now meaning there are many things that might happen and will change the way it sounds, remember that there are so many countries in the past that has almost the same stand as EU now but what happened recently ?
most of them are trying to learn about how crypto could help their economy, as accept it or not? cryptocurrency is one of the best thing that they can keep shouldering than other options.

China tried several times and ban every or so years and nothing really changes. I do not think Europe a freer society will achieve anything more and there are probably now a lot of business and maybe even countries like Switzerland and Norway who tries to attract investment into crypto venture and mining projects.

People who benefited from Bitcoin will also fight this and I could see maybe even energy companies going on board since mining are so nice customers. Its really sad that Germany with its failed energy revolution is trying to bully the rest of Europe into taking stupid policies that have already proven to be disastrous with the biggest achievement being the highest energy prices and an increased coal consumption.

And because Bitcoin is not tied to a particular location you could easily see a massive exodus like what happened in China to more open countries.

I am quite sure that such a ban will still come into force in 2025. At the last G20 summit, states committed to taking action to avoid further global climate change. Of course, they will not destroy their sectors of the economy that emit greenhouse gases. There will be some kind of restriction, but they will not lose anything if they prohibit the mining and circulation of cryptocurrencies with an energy-consuming PoW algorithm. Moreover, if earlier they only talked about a possible ban on the mining of such cryptocurrencies, now we are talking about a complete ban on walking.
Bitcoin will not disappear from such a ban, but its circulation will be very difficult.

In case the main concern is the environment then I am sure that in three years time there will already be established alternatives as far as the power requirement for the mining of Bitcoin. There are now moves to use renewable energy - and there are already mining operations using them - including the use of geothermal power where El Salvador get into the news for its plan to use volcano power for mining. Maybe the reason why there is that 3-year timeframe is because they are really waiting for alternatives for the mining...and once they can ascertain that mining has become green then maybe they would be allowing Bitcoin under strong regulatory framework.

They are all excuses to curb it's existence and usages by the people of nation as btc pose direct threat to their central monopoly and fiat usage so they print such news.But still we are speaking of three years ahead and people change their viewpoint about Bitcoin within months so there is complete possibility they will rethink what they have said and come up with positive approach instead.Even if not it's their loss and btc will still be working with or without their support.

If my analysis of the reasons behind this is correct this ban can be pursued more seriously now (at the very least for mining) because of the new developments over the past days. Some experts are speculating gas price to jump to $2000 per cubic meter if the energy crisis worsens, similar jumps for oil and coal are also expected as oil price already reached $105.

They are still proposing this ban on cryptocurrency so there are lots of processes to undergo and I am sure there will be opposition on this for many have seen the positive impact of BTC and other cryptocurrencies.  Instead of banning, these people should think of ways to maximize the potential good effect of crypto to their country and create laws to minimize if not avoid exploitation of the crypto industry.

There is "if.........."
So, this doesn't mean that it will be absolutely banned in 2025. There are still chances, many chances that crypto will not be banned.
Moreover we may know that in 2025, the crypto market may be ongoing in the bullish era (hopefully if based on the halving history).

Sometimes, this relates also to the politics and also other interests that will influence a regulation in a country. When there is different person, there may be also a different statement again.
But, I ma not sure that this will be banned moreover so far, we have seen the rgwoth of crypto industry around.

Ever since the EU government raised a red flag on Binance exchange for offering Margin trading for EU citizens have presumed a day like this will come but they ought to have placed a ban on Bitcoin this year instead not 2025.
This is reminded of the thread where the Ontario Superior Court of Justice ask the wallet creator/provider to freeze a self-custodian wallet of a user.
Having said that, if the EU government ban Bitcoin I am sure their citizen will always find a way round just like we see in China.

Let's say, theoretically, they will ban its usage. Do you think their citizens won't find a way how to go around their government? With the nature of bitcoin being decentralized, I don't think a specific government can truly ban its usage among its people. So instead of banning it, why not properly established its regulation so they can generate income from this market?

I don’t think this is going to happen. Strict regulation is possible but outright bans, no, not likely imo. Too many people are invested in bitcoin & governments like taxing people on their profits of it. I don’t see a hitcoin ban happening in the west, no way.

Even if this was true, the public perception of Bitcoin hasn't changed all that much over the years, actually I do think a lot more people are getting into Bitcoin because of the amount of exposure, but I still see the same concerns about Bitcoin that were around years ago. One of the examples which absolutely infuriates me is people still seem to think that Bitcoin can't be converted to fiat, I've personally had this discussion  so many times, and sometimes it's with the same people, they sort of acknowledge it, and then go back to asking the same questions.

Although, one thing for sure is the media has proven over time that it'll publish articles which aren't true in the slightest to get clicks, I don't know what it's with people, but they love it when Bitcoin has a negative stigma around it. I can only assume this is through the constant propaganda that's published, and people see Bitcoin as a threat to themselves, instead of a solution to a problem that they've been wanting to get out of for years i.e using banks.

The energy issues will likely stick, even if Bitcoin proved it improved ten fold, it will likely carry this negative stigma for years.

As I mentioned in some other posts, tides are constantly changing, and we are in a time where ideas will be thrown around and some might stick, some might not. Also, crypto is constantly changing, and it's moving with the times so I doubt today's situation will be the same in 3 years' time. So let's not jump the gun, it's not that far, but it's far enough for a lot to change.

Whenever you read something fuddy like this you really should not forget to ask yourself: what is the point of this article? What is the goal behind it? Is it something that can actually come true or is it just something that is written for the sake of getting a lot of readers with a snappy headline?

If you were to ask me, I would go with the latter.

Obviously there have been many attempts by many countries to "ban" Bitcoin. None of those attempts have worked. Even China with its special internet which is shielded off from the rest of the world can't ban Bitcoin. So what chance do they have in the EU?

Its easy for those lawmakers and regulators in EU to put a ban on bitcoin and all crypto transactions but the question is if they can succeed it as its already know that a lot of countries have tried to ban bitcoin but until now, they cannot succeed from doing it. So i don't think if they can sustain the ban later on.

"However, nobody expected it to become a deal breaker and to make it into the final report,” said Patrick Hansen, the head of growth at Unstoppable Finance and a contributor for RegTrax, Stanford University’s working database on fintech policy. https://finance.yahoo.com/news/eu-parliamentarians-push-limit-bitcoin-114902741.html

Many be banning trading Bitcoin on regulated centralized exchanges operating in the EU, but not  banning Bitcoin. You can't just "ban" a very decentralized network like that. How will they ban me from using Bitcoin network to make transactions?

Aye, but we live in a world full of hypocrisy. The very people advocating to better the environment, are the same people that rely on the industries which you allude to that are wrecking havoc on it. That's just a matter of a fact, and applies to almost every single one of them. Even the so called green projects are manufactured with the existing bad industries, which means while their product might be green, the process on getting it there wasn't. Yeah, eventually they'll get there, I do acknowledge that, and we should probably be thinking of bettering ourselves, and the environment we live in, but it's infuriating that they basically manipulate the opinion on Bitcoin, just because it's hard to prove that we aren't exactly good for the environment.

I personally haven't seen any hard evidence that Bitcoin is any worse than the multiple unnecessary industries which are polluting the environment. Until then, I don't think there's any urgency when compared with other industries. Do I think we should be looking to improve wherever we can, yeah. However, I think there's far bigger industries where we should be pointing the finger per say before we drag Bitcoin through the dirt.

Let's hope it wont because for now it seems that it was only just a plan but with no assurance yet. There will be a counter to this because there are also people that are like bitcoin to stay on this country. They just wont agree about the ban because they are already earning a benefit with it.

Some says they will only ban btc and alike that are not friendly to environment so it is possible that other cryptos that are more greener in the environment can remain but that doesn't automatically mean that those are shitcoins. If no btc no other cryptos will also exist, I think they understand that already but for them that is not enough to fully embrace btc.

From the article it seems that the major concern of EU is environment while considering a ban on bitcoin or other POW coins. It's not a myth that EU is one of the most environmentally conscious continent but the ban on cryptocurrency might further worsen their debt laden economy.

To be honest, banning bitcoin is a task that is easier said than done! Let the EU enforcement agencies find a needle in the haystack.

It is so funny when environment comes into discussion where there are literary hundreds of industries that are wrecking the environment millions of times worse than bitcoin can ever do.
The reality is that things like this have nothing to do with environment. The fear is about energy and how EU is starving for it. They also fear the future and how any conflict (like the one with Russia like now) can cut them off and causes a total blackout in most of Europe. So they think if they start by "banning" bitcoin they can save on some energy to reduce the duration of that inevitable blackout.
Essentially the same stupid thing China did a couple of months ago that didn't change anything, they still faced the same worsening energy crisis.

2025 is about three years from now. And between you and I, we know that this decision will definitely hit the rock. I don't see it coming to light.
Well, if they decide to do so, who cares. China did and the price of Bitcoin ended up soaring. They are just toothless dogs in the fight against Bitcoin. Let them keep fighting, they will always fail.

What a surprise, the lefties, the socialist and the greens, the perfect combo.
After destroying Germany's energy sector and turning it into a net importer of everything, spending billions each year with the only reward of becoming the country with the most expensive electricity in Europe now they are planning another one, to again save the planet on their own.

Sometimes I really do hope Russia would their gas and see how good those solar panels and windmills are when they aren't backed up by nuclear gas and coal. Wasting billions to make daily life even more expensive and in the end ending up burning more fossil fuel than before. Cuz logic!

Although Stefan Berger who is the Chairman of Committee for Economic and Monetary Affairs (ECON) stated that the proposal would very likely go through. But we must wait until February 28 when the final decision on the draft is to be made in the Parliament because there are still strong oppositions to the proposal.

Lol, why did they single out bitcoin because of it's POW and it's harmful effects on the environment?

That is a weak argument to begin with, there are a lot of industries can have been affected the world environment for years and yet they still thrive up to this day.

Hopefully the EU council will hear all the arguments and pros and cons because it is obvious that the people behind the banning just single out bitcoin here.

I don't think this will be implemented. Of course, there will be heavy counter-arguments against this. As a matter of fact, there are already a number of EU countries where Bitcoin is allowed. For sure, EU won't commit the mistake of embracing cryptocurrency while implementing a ban on Bitcoin. They would end up embracing centralized shitcoins instead. If they are to get deeper and understand why cryptocurrency became a thing in this post-modern era, the answer would precisely be what Bitcoin offers.

They feel btc not environmentally friendly so they will probably ban it in 2025 if no better option is provided.  The target is to ban btc and other proof of work crypto out there. According to the article, soon "businesses would be prohibited from offering any services associated with proof-of-work cryptocurrencies".
Although they are yet to conclude, it seems they are pretty determined. I just hope they don't reach that conclusion to ban.

Did they on track to ban the Internet in 1990s? Did they succeed to ban the Internet?

Freedom of speech on the Internet threatens governments but they can not stop it because it is necessary for a growth of human civilization so that it can not be stopped. The same is for Bitcoin so it can not be stopped. Bitcoin, blockchain technology are here to stay and to improve human civilization, to bring us more freedom, more prosperous life.

Assume that EU fail to do ban on Bitcoin in 2025, will we have a same question in 2030, 2035, 2040 and later years? Sorry but in history, Bitcoin has been challenged by many fuds, attempts to break or stop it like this.

Many death calls and many ban attempts. All failed.

https://99bitcoins.com/bitcoin-obituaries/

"if the Commission and the Council of the EU don’t ditch a crippling amendment to the MiCA framework" that statement should be highlighted, The deadline is 3 years which is very far to worried about for now. They are just taking there time to analyze more the effect of Bitcoin before they do such bold move against. Why they will allow 3 years room for waiting if they can easily cut out Bitcoin to there economy if they really want to banned Bitcoin? This journalist is just exaggerating this issue just to have a content.

Just read this report:

EU on Track to Ban Bitcoin: Report
'Bitcoin will be banned in the EU starting from 2025 if the Commission and the Council of the EU don’t ditch a crippling amendment to the MiCA framework'

source: https://u.today/eu-on-track-to-ban-bitcoin-report


I don't know what they want, but I wanted you to know this ...


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Update 25/Feb/2022



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Update 14/Mar/2022