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Topic: EU Bitcoin regulation proposal meeting (live) 1/25 15:00-19:00 UTC (Read 469 times)

legendary
Activity: 1512
Merit: 1012
Although I'd very much prefer they wouldn't even talk about Bitcoin and/or regulate it in any way, I have to admit the EU is having quite the attitude towards Bitcoin. At least they're not rushing to shut it down right now, which is very, very good.

Maybe because they simply cant do it; sometimes the calm is a sign of a heavy storm, maybe that's the reason about why they are so quiet. thank you about the link i will take a look at the video, but i don't expect "big steps".

The fact that they cannot shutdown Bitcoin doesn't mean they can't make it look bad and cripple merchant acceptance. If the EU suddenly said we cannot use Bitcoin and that stores in Europe using it will be fined, do you think the store next door would accept Bitcoin? Only if they were foolish, too brave, too unknown/out of the map or not complying with EU regulations to begin with and having nothing to lose.
newbie
Activity: 23
Merit: 0
Although I'd very much prefer they wouldn't even talk about Bitcoin and/or regulate it in any way, I have to admit the EU is having quite the attitude towards Bitcoin. At least they're not rushing to shut it down right now, which is very, very good.

Maybe because they simply cant do it; sometimes the calm is a sign of a heavy storm, maybe that's the reason about why they are so quiet. thank you about the link i will take a look at the video, but i don't expect "big steps".
legendary
Activity: 1512
Merit: 1012
Generally, lots of discussion whether this disruptive technology should be regulated.

There was an American saying that the ecosystem self-regulates itself.  There's an English gent wanting regulation focusing mostly on preventing financial crimes.  There was also what looks like a transvestite (not judging) giving good insight on the blockchain, and its transparency indicating how cash is more apt for money laundering and terrorism than digital currency.  One person asked if it's possible to confiscate digital currencies in case of money laundering, answered by what seemed to be a Portuguese speaker whom spoke in his native language.  French woman addressed financial transparency and how blockchain adoption would serves as a tool vs. obscurity for centralized systems. 

Overall, the consensus thus far seems to be on the fence (sit and watch).

Thank you. Good that they're having a sit and watch attitude... That's what I expect from them for years to come. Hope the Portuguese guy didn't say anything wrong. Bank of Portugal already spread FUD on the country saying if you use Bitcoin = you're more prone to scams or doing illegal stuff. And pretty funny seeing someone from France talking nicely about Bitcoin, they're the ones who apparently kept questioning Bitcoin pseudo-anonymous nature.

I watched it. It seemed to me they are very smart about it and don't want to rush heavy regulations as the technology is in infancy and a lot of good can come out of it and besides there is already controls and laws about the negative sides of it.

Although I'd very much prefer they wouldn't even talk about Bitcoin and/or regulate it in any way, I have to admit the EU is having quite the attitude towards Bitcoin. At least they're not rushing to shut it down right now, which is very, very good.
hero member
Activity: 597
Merit: 504
I watched it. It seemed to me they are very smart about it and don't want to rush heavy regulations as the technology is in infancy and a lot of good can come out of it and besides there is already controls and laws about the negative sides of it.
legendary
Activity: 1358
Merit: 1000
just another institutuon working out how irrelevant they are in the world of Crypto

legendary
Activity: 1159
Merit: 1001
Generally, lots of discussion whether this disruptive technology should be regulated.

There was an American saying that the ecosystem self-regulates itself.  There's an English gent wanting regulation focusing mostly on preventing financial crimes.  There was also what looks like a transvestite (not judging) giving good insight on the blockchain, and its transparency indicating how cash is more apt for money laundering and terrorism than digital currency.  One person asked if it's possible to confiscate digital currencies in case of money laundering, answered by what seemed to be a Portuguese speaker whom spoke in his native language.  French woman addressed financial transparency and how blockchain adoption would serves as a tool vs. obscurity for centralized systems. 

Overall, the consensus thus far seems to be on the fence (sit and watch).
legendary
Activity: 1512
Merit: 1012
What will they be discussing on Bitcoin? Unfortunately can't watch... I'll wait for a summary on the reunion. Hope they don't screw up...
legendary
Activity: 1159
Merit: 1001
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