EU hates Bitcoin | Bitcointalksearch.org

cindygirl

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Quote from: btc_angela on February 18, 2018, 03:58:05 PM

Quote from: cindygirl on February 18, 2018, 03:34:24 PM

Michael Jackson hates bitcoin too. He never said it but that's my opinion so I'm going to say it with nothing to back it up. The EU is not even a thing that can hate 'bitcoin' anyway, how can a collective of countries hate a virtual currency? Some people in the EU will hate bitcoin, others will not.

Germany and France are anti bitcoin.

http://www.telegraph.co.uk/technology/2018/02/09/france-germany-demand-bitcoin-clampdown/

They are even calling for a cooperative regulation among countries. They are the most vocal among the EU countries but I don't think that other nation will listen to them. I guess this is going to be a long war.

But we all know that bitcoin is unstoppable at this point, If you are going to go against it. Then you will be left out. And I'm sure that even though that their might be some EU countries that will ban it, their citizens will find a way to engaged themselves in trade or investment.

Do you read what you post?

In the article it states how they are calling for further regulation to limit money laundering and counter terrorism financing. This is not a battle against cryptocurrencies, it is a battle against money laundering and terrorism.

This is like the argument that guns should not be regulated because it takes someone to fire a gun. The gun facilitates someone being able to harm another, just like cryptocurrencies are facilitating illegal activities. Regulating one or the other is not a statement of being anti guns or anti cryptocurrency.

mOgliE

legendary

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Merit: 1251

Hi,

Actually... I understand your feeling... But it is hard to simplify that way. Just because the economic, political situation is highly different from one "European" country to another.

Yet, what is true is that the leading European countries (Germany, France and the UK, even though the latter have a strange status) are against crypto. They need to keep control over their currency, that's always how they have used their fiat power. So creating a currency allowing people to be anonymous and get rid of their control.. is a real nightlare for them!

But again, as in any other country, and even though the territory is large, I think such ban is impossible to set up!

gnerro2

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illustrator

Quote from: btc_angela on February 18, 2018, 03:58:05 PM

Quote from: cindygirl on February 18, 2018, 03:34:24 PM

Michael Jackson hates bitcoin too. He never said it but that's my opinion so I'm going to say it with nothing to back it up. The EU is not even a thing that can hate 'bitcoin' anyway, how can a collective of countries hate a virtual currency? Some people in the EU will hate bitcoin, others will not.

Germany and France are anti bitcoin.

http://www.telegraph.co.uk/technology/2018/02/09/france-germany-demand-bitcoin-clampdown/

They are even calling for a cooperative regulation among countries. They are the most vocal among the EU countries but I don't think that other nation will listen to them. I guess this is going to be a long war.

But we all know that bitcoin is unstoppable at this point, If you are going to go against it. Then you will be left out. And I'm sure that even though that their might be some EU countries that will ban it, their citizens will find a way to engaged themselves in trade or investment.

germany and france.. aka most criminal countries in eu.

Irene80

jr. member

Activity: 56

Merit: 1

They say that EU has followed the development of bitcoin, but it has not issued any regulation of the legality or acceptance. So, it's a not a reaction of hate

icol333

full member

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Merit: 107

Whoa, not all of EU hates the presence of bitcoin, bud.
There are a lot of projects running already that using bitcoin and cryptocurrency as their base until now, even there are new projects as well!
If you are referring EU as Germany or France, so yes, they are "not-that-pro" with bitcoin. But it doesn't mean that all EUs are against bitcoin. At least put a reference so you aren't considered as FUD spreader.

Carlsen

hero member

Activity: 910

Merit: 501

From all I have read, countries like France and Germany have nothing against crypto currencies, in contrary.
But they want regulations. One statement of their finance ministers is the following:
"Tokens and their potential for financial innovation should not be left to those who make the worst use of them."
To me that shows how much they appreciate crypto currencies. But they have recogniced as well that many scammers use them.

kingkats0803

newbie

Activity: 112

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That really is not true buddy! there are a lot of articles that spreads good news with regards to acceptance of Bitcoin and other cryptos in the member states of EU. And yes, I am totally in agreement that any claim of heavy density should be backed with sources by citing articles or publications. Such as the one posted here and quoted

Quote from: marydale on February 19, 2018, 05:14:21 AM

That may be your opinion but please you need to back it up with facts such as citing links!
Try and read this artile where UK (a member of EU) noted "cryptocurrency industry as being severely misunderstood by mainstream institutions" thus the establishment of Crypto UK trade Body. Enjoy reading and hope this changes your opinion and perspective. hehehe

https://news.bitcoin.com/seven-companies-form-uk-cryptocurrency-trade-body/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

albos

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Who said they hate Bitcoin? Do you have any relative source about this?

marydale

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Equitybase

That may be your opinion but please you need to back it up with facts such as citing links!
Try and read this artile where UK (a member of EU) noted "cryptocurrency industry as being severely misunderstood by mainstream institutions" thus the establishment of Crypto UK trade Body. Enjoy reading and hope this changes your opinion and perspective. hehehe

https://news.bitcoin.com/seven-companies-form-uk-cryptocurrency-trade-body/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

chesegrinder

full member

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as for A Member of Executive Committee of European Central Bank Yves Mersch. He warned the entirely speculative nature of bitcoin’s value was a cause for concern. He also Warned banks investing in cryprocurrency because the risk it have taken/carried. But he include that some process of bitcoin should be undertaken, means EU are not hating bitcoin but they should normalize or regulate it so that it can not be use in funding terrorist or in money-laundering.

giogio0504

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A lot of countries in EU are accepting bitcoin, and it is not illegal, as EU law do not prohibits it. Why do you think that it hates Bitcoin?

btcprospecter

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Banks and governments are now realising that crypto currencies are here to stay it is their biggest competitor now and anything they can do to keep control they will do.

They can't control how it is taxed how it moves from person to person without a form of regulations, I'm sure we will see this in years to come.

Ariess

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Quote from: frankie2712 on February 18, 2018, 03:29:02 PM

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem. Huh

from which you assume about the EU, please provide me the references you have read. it seems you are wrong and judge, yes. your knowledge is still very shallow
try to find more knowledge about crypto and bitcoin in this forum.

Ranly123

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Quote from: frankie2712 on February 18, 2018, 03:29:02 PM

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem. Huh

I dont think EU hates digital currency, for in fact they are trying to regulate the trades in cryptocurrency to avoid anonymity of it. They support cryptocurrency but it is security that they are concerned of because cryptocurrency could also be used in crimes like drug business and financing terrorism.

Zsywt1024

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Activity: 286

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Quote from: The_prodigy on February 19, 2018, 03:16:07 AM

Quote from: frankie2712 on February 18, 2018, 03:29:02 PM

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem. Huh

Do you have any proof of this claim? Can you cite the news sources where they have explicitly said that bitcoin is banned from them? Because I think that aside from Asia, the EU or the European union would be one of the first places that a digital currency would be embraced. It is important to note that this countries are advanced and may have the capacity to integrate bitcoin to their economy

hello ,The_prodigy ,Korea Japan as a part of Asia,Already considered in front of the regulatory
Blockchain has actually developed rapidly in Asia,I am from China so I understand what you mean Wink

What a country needs is financial stability,So bitcoin will not be banned,Even in our country,There are other words in the government's development plan that support blockchain technology
We will know the result next month's G20 meeting,I am not against you, but Asia is also an important part

Zsywt1024

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Activity: 286

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This is not an accurate question
We can easily misunderstand this issue ：Some EU member states have proposed that international regulation be required ,This is to be discussed in the G20 meeting next month
But it can not be directly assumed that the EU banned bitcoin,The EU plays an important role in the blockchain world as an important part of blockchain technology,I dare say that "Siemens" in the next blockchain is about to be born Grin

Countries need to stabilize financial markets, regulation is necessary,I believe most community friends will agree

BrowneFlora

newbie

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Quote from: frankie2712 on February 18, 2018, 03:29:02 PM

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem. Huh

I don't think the eu will ban bitcoin. They just want better supervision of bitcoin, which makes bitcoin transactions more standard, and worries about the impact of bitcoin on domestic economic development.

captin crunch

sr. member

Activity: 630

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Quote from: frankie2712 on February 18, 2018, 03:29:02 PM

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem. Huh

Why do you think that EU hates it? And what do you mean under hating?

surix

sr. member

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I don't see that, OP can give more facts to support your argument?

Some EU countries, like Poland, seems not to be very friendly with BTC; but others I would say it's not bad.

Btcvilla

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Quote from: cosmoo on February 18, 2018, 03:32:35 PM

LOL
That's not true. Why do you think like that? EU accepted Bitcoin, but they just want to regulate it's anonymity. In Europe there is so much Bitcoin-Euro live exchanges.

yes, should the OP should prioritize the analysis first before it actually makes a post. I just want to advise on OP
for the future try to find references and analyze before actually making the discussion material in this forum.

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