EU = stupid | Bitcointalksearch.org

orryde

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Re-Evolution

Quote from: bryant.coleman on December 22, 2015, 10:07:35 PM

Quote from: a7mos on December 22, 2015, 05:27:49 PM

OK, they can do whatever they want and we can use bitcoin as we want.
Bitcoin is already illegal in some countries. And people from these countries did not stop using it

Illegal in the sense that banks are not allowed to co-operate with the Bitcoin-based businesses. The Bitcoin users are still able to trade their coins for fiat or vice-versa. But if the banks refuse to open savings accounts for Bitcoin-based businesses and startups, then it will create a lot of hardship for the owners of these ventures.

In today's world we do not even NEED banks to put our money in. There are plenty of services where you can keep your money safely online.

bryant.coleman

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Quote from: a7mos on December 22, 2015, 05:27:49 PM

OK, they can do whatever they want and we can use bitcoin as we want.
Bitcoin is already illegal in some countries. And people from these countries did not stop using it

Illegal in the sense that banks are not allowed to co-operate with the Bitcoin-based businesses. The Bitcoin users are still able to trade their coins for fiat or vice-versa. But if the banks refuse to open savings accounts for Bitcoin-based businesses and startups, then it will create a lot of hardship for the owners of these ventures.

orryde

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Re-Evolution

Its impossible to unite countries that are so diverse with one currency.
Maybe it's the same story with Bitcoin.

a7mos

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OK, they can do whatever they want and we can use bitcoin as we want.
Bitcoin is already illegal in some countries. And people from these countries did not stop using it

gkv9

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!!! RiSe aBovE ThE StoRm !!!

Quote from: Jet Cash on December 22, 2015, 03:40:45 PM

I don't think they are stupid, they are trying to protect their insolvent banks. They've just passed a law allowing banks to transfer people's savings to the capital assets of the banks. Merkel has just ripped off Greece to try to save the dying German Douchebank, who has the largest exposure to junk derivatives of any bank. Of course they want to stop people using Bitcoin as a store for their savings.

They are stupid, because you can't stop people from using anything, it's their right, their freedom, their independence to do whatever they wish to...
They are paying taxes to live there, paying bills and everything to the government, so you can't say government isn't getting anything from them...
Bitcoins aren't anything that's related to some terrorism or some bad things due to which they are stopping everyone using it...

Jet Cash

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https://JetCash.com

I don't think they are stupid, they are trying to protect their insolvent banks. They've just passed a law allowing banks to transfer people's savings to the capital assets of the banks. Merkel has just ripped off Greece to try to save the dying German Douchebank, who has the largest exposure to junk derivatives of any bank. Of course they want to stop people using Bitcoin as a store for their savings.

Raimonn

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If its only 3 persons isn't a problem, the eu parliament has a lot of people, they can't do nothing with only three persons. Eu parliament is very slow on proposal laws, they can be speaking about it some years, and finish with nothing.

countryfree

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Your country may be your worst enemy

Hey, come on, it's only 3 guys in a Parliament which has more than 500 members!
This isn't a new law. And European system is very, very slow to turn a proposal into a law. It would also require a majority to support this proposal, so nobody should be afraid of that stupid idea.

Blawpaw

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The terrorist attacks in Paris have made a lot of people start looking into digital currency as the perfect tool for financing terrorism. Unfortunately, these guys don't even bother a new technology that can bring us all a lot of benefits. Instead, they raise the pointing finger...

NorrisK

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Even if this goes through it would probably takes years for a half baked solution.. The EU is so big and the regulations between the countries are so different, that any major things takes years to go through..

Even mobile roaming took like 5-10 years to get it fully kicked out..

bitsmichel

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Quote from: mobnepal on December 22, 2015, 02:08:56 PM

Whatever rules and regulation they put into bitcoin will never die but it may affect its price. I think these polticians are only talking on behalf of some large european banks.

The European Government is heavily manipulated by banks and other groups. It's similar here in the US.

Quote from: AtheistAKASaneBrain on December 22, 2015, 02:11:19 PM

The governments and powers that be in general are going to keep pushing an agenda to ban anything that may be a challenge against the status quo, and in the long term they know the potential of Bitcoin to disrupt this hegemony, so I think it will only get worse.

That's true. Governments are no longer independent, they depend on banks and banks control them.

LiteCoinGuy

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In Satoshi I Trust

3 people in the EU parlament want that. there are hundreds of people in the parlament.

AtheistAKASaneBrain

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The governments and powers that be in general are going to keep pushing an agenda to ban anything that may be a challenge against the status quo, and in the long term they know the potential of Bitcoin to disrupt this hegemony, so I think it will only get worse.

Denker

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These are 3 members of the french FN saying this if I'm not wrong.
That's far from the EU being stupid.
Although the EU is really being stupid in many reasons, in that case it's just one national party.
I wouldn't worry too much. Not that long ago European Court announced the decision of Bitcoin being vat tax-free within the EU.
Not that I would say. Wink

http://www.cnbc.com/2015/10/22/bitcoin-now-tax-free-in-europe-after-court-ruling.html

mobnepal

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Whatever rules and regulation they put into bitcoin will never die but it may affect its price. I think these polticians are only talking on behalf of some large european banks.

pedrog

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Quote from: calkob on December 22, 2015, 02:03:55 PM

Quote from: RawDog on December 22, 2015, 12:52:55 PM

So, this is how it goes in the EU...

"Gee this Bitcoin stuff is complex and hard to understand... let's make it illegal"
https://www.cryptocoinsnews.com/3-members-euro-parliament-call-stricter-bitcoin-controls-prohibit-virtual-currency-exchange-transactions/

What are they thinking? For what purpose would a politician think making illegal a remarkable new technology, for which most applications are completely unknown?

Because ,most politicians are in the pockets of those with the biggest bank accounts, which lets face it is the Banks themselves who are threatened by bitcoin.

Quote from: RawDog on December 22, 2015, 12:52:55 PM

So, this is how it goes in the EU...

"Gee this Bitcoin stuff is complex and hard to understand... let's make it illegal"
https://www.cryptocoinsnews.com/3-members-euro-parliament-call-stricter-bitcoin-controls-prohibit-virtual-currency-exchange-transactions/

The very good news is no matter how hard the church or state has tried in the past to suppress science - they've always failed. .

What church you talking about? Huh

Most scientists back in the day where christians

When someone says "the church" they're referring to the Catholic Church...

calkob

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Quote from: RawDog on December 22, 2015, 12:52:55 PM

So, this is how it goes in the EU...

"Gee this Bitcoin stuff is complex and hard to understand... let's make it illegal"
https://www.cryptocoinsnews.com/3-members-euro-parliament-call-stricter-bitcoin-controls-prohibit-virtual-currency-exchange-transactions/

What are they thinking? For what purpose would a politician think making illegal a remarkable new technology, for which most applications are completely unknown?

Because ,most politicians are in the pockets of those with the biggest bank accounts, which lets face it is the Banks themselves who are threatened by bitcoin.

Quote from: RawDog on December 22, 2015, 12:52:55 PM

So, this is how it goes in the EU...

"Gee this Bitcoin stuff is complex and hard to understand... let's make it illegal"
https://www.cryptocoinsnews.com/3-members-euro-parliament-call-stricter-bitcoin-controls-prohibit-virtual-currency-exchange-transactions/

The very good news is no matter how hard the church or state has tried in the past to suppress science - they've always failed. .

What church you talking about? Huh

Most scientists back in the day where christians

chennan

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Quote from: Daniel91 on December 22, 2015, 01:25:03 PM

You can't generalize here and call all politicians in EU, (or EU as institution), stupid because of statements from a few politicians.
People are not the same and have different characters, opinions, ideas about anything in the world so before you make such judgment listen others and wait for some official decision about this matter.
Or, even better, send to this politicians detailed info about bitcoin and help them to understand this matter better.

I don't think any politician is going to willingly listen or read up on detailed information about bitcoin or any other cryptocurrencies as of right now. There is just no need for it yet. A good majority of politicians are backed or corrupted by the Central Banks in every nation in some form or fashion. I mean hell, the Central banks just dropped the gold standard completely about 50 or so years ago (not quite sure of the exact date)... so this all is still kind of relatively new territory in an economic sense.

If/when there ever comes a time where the inflation the Central Banks create skyrockets, then there is no other choice than for the politicians to do something about it. So it makes sense that politicians are trying to ban it, especially politicians from France because they have to seem like they are trying to protect their citizens from the nasty terrorist organizations that "use it" to fund their operations...

TL;DR: There needs to be a need for Bitcoin before politicians want to accept it.

Blind Legs Parker

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Quote from: Daniel91 on December 22, 2015, 01:25:03 PM

You can't generalize here and call all politicians in EU, (or EU as institution), stupid because of statements from a few politicians.

You know what they say. RawDogs will be RawDogs.

Bitcoin has been going through hard times inside the EU, since the attacks in Paris. I hope it doesn't affect it in the long run. That said it probably won't, since until now, no real decision has been made to really hurt bitcoin inside the EU. This is probably destined to be overlooked, too, and bitcoin will go on.

Daniel91

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Quote from: RawDog on December 22, 2015, 12:52:55 PM

So, this is how it goes in the EU...

"Gee this Bitcoin stuff is complex and hard to understand... let's make it illegal"
https://www.cryptocoinsnews.com/3-members-euro-parliament-call-stricter-bitcoin-controls-prohibit-virtual-currency-exchange-transactions/

What are they thinking? For what purpose would a politician think making illegal a remarkable new technology, for which most applications are completely unknown?

The very good news is no matter how hard the church or state has tried in the past to suppress science - they've always failed. I don't even think these laws even slow things down. Thank god our politicians are so powerless.

You can't generalize here and call all politicians in EU, (or EU as institution), stupid because of statements from a few politicians.
People are not the same and have different characters, opinions, ideas about anything in the world so before you make such judgment listen others and wait for some official decision about this matter.
Or, even better, send to this politicians detailed info about bitcoin and help them to understand this matter better.

Topic: EU = stupid (Read 908 times)