Pages:
Author

Topic: The European Union Wants to Identify Bitcoin Users - page 3. (Read 3003 times)

sr. member
Activity: 994
Merit: 257
Those news while new are nothing really groundbreaking governments around the world have used that excuse in this millennium to get away with whatever they want and the citizens have just agreed to it.
legendary
Activity: 2016
Merit: 1107
the usual create problem-offer solution bullshit from the goverment
the only reason to introduce ways to identify bitcoin users (and then the rest of the cryptocurrency users too?)
is to limit your freedom and remove privacy,have total control of your finances through banks etc.
patriotic act #2,terrorism is used as a false flag yet again
hero member
Activity: 994
Merit: 544
If the European Union succeeds in eliminating syndicates from using bitcoin then this will be a good publicity. In this way also big time scammers may be monitored and be placed in justice. This events will highlight bitcoin and be placed on the spotlight in the mainstream media. This is a chance for bitcoin to be known to a wide masses especially in Europe.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
If their goal is to prevent money transmission between terrorist, i think they will waste time because there are many ways to keep anonymous when using bitcoin. Terrorist/criminal still can buy/sell bitcoin even if all exchange is strictly regulated by government.
Also, some money transfer service sometimes can be tricked with fake ID and terrorist also can use anonymous prepaid cards or gift cards to transfer their money as well.
hero member
Activity: 2464
Merit: 519
Maybe they should just deport troublesome immigrants. It would be a lot easier.
What should they do with troublesome citizens?
newbie
Activity: 28
Merit: 0
Maybe they should just deport troublesome immigrants. It would be a lot easier.
legendary
Activity: 1218
Merit: 1007
Isn't it amazing. They openly give money and weapons to terrorists. They open their borders to terrorists, and then give them homes and other benefits.

And then they want to try to stop the guy who is working over here, and wants to send a bit of cash home to help his family buy food.
I don't think you understand, the average guy is the one they want to control. They want to force them to become as poor as possible, submit to the government as much as possible, and then destroy the cultures and form an ethnically homogenous EU, free to control the subjects without much resistance.

A society that cannot or will not protect its women will go extinct eventually, and there are a lot of countries already on that path now.

Merkle is either trying to destroy Germany via criminal liberalism or trying to summon the fourth reich, and it's likely the former.
sr. member
Activity: 294
Merit: 250
I think it's all provided cause of high terroristic activity in the Europe. I am pretty sure that terrorists are using bitcoin for their activity. And that's why Europe wants to identify bitcoin users to track different suspicious activities. Just for global protection.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Oh hey, I think I've identified one! This guy looks like one of them to me. Hmm...

legendary
Activity: 2814
Merit: 2472
https://JetCash.com
Isn't it amazing. They openly give money and weapons to terrorists. They open their borders to terrorists, and then give them homes and other benefits.

And then they want to try to stop the guy who is working over here, and wants to send a bit of cash home to help his family buy food.
legendary
Activity: 1358
Merit: 1000
Only after they identify all the scammers and compensated all the people they targeted
legendary
Activity: 1848
Merit: 1000
This is one of the things that has to happen if bitcoin is to be widely accepted by all, there's no way they can let bitcoin run alongside currencies without some of this happening, good and it's bad .
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
This seems like a hard way to find money launderers. They are getting away with it using PayPal and other services that require all sorts of ID. With bitcoin I think it would be much more difficult.  

Correct. Good luck to them being able to identify all bitcoin users. If some of us don't want to be identified then we're not.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
This seems like a hard way to find money launderers. They are getting away with it using PayPal and other services that require all sorts of ID. With bitcoin I think it would be much more difficult.  
legendary
Activity: 2170
Merit: 1427
This is a good way to control unwanted money (laundering money or terrorist finance).
but how can they identify and not to hit the bitcoin privacy of the bitcoin users?

This thing would be the big question because if they tend to engage into bitcoin because of money laundering and terrorist finance they would definitely hit up the anonymity features of bitcoin and we all know that tracing its users would really hard thing to do and thats the main problem that EU would face.

Money laundry and hunting down money streams leading to the financing of terrorism, are just excuses that governments hide themselves behind. It's once again their hunger for control that is leading to all kinds of ridiculous policies. Bitcoin is getting bigger with the year, and so does the wealth of people holding Bitcoin. It's the pure smell of money that is making them want to know who you are, and what you hold. Because if they know, you can't avoid the point where you have to pay tax over what you hold, the profits that you have made, etc.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
This is a good way to control unwanted money (laundering money or terrorist finance).
but how can they identify and not to hit the bitcoin privacy of the bitcoin users?

This thing would be the big question because if they tend to engage into bitcoin because of money laundering and terrorist finance they would definitely hit up the anonymity features of bitcoin and we all know that tracing its users would really hard thing to do and thats the main problem that EU would face.
hero member
Activity: 1050
Merit: 529
Call them potential terrorists and take away their freedoms. This is a change. If many terrorists was really using Bitcoin/crypto then the marketcap would be so fucking large it would be obvious.
They already do, and they have from some time so they have been a part of market cap for quite some time so you won't notice the difference.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
Western Union claim to have transferred $150 billion in 2015 alone...

I have heard stories over the years of them being used to launder money; I expect this is a much bigger problem than with Bitcoin, yet I see no push from the EU to identify their users.
They have made mistakes about it. They actually can't be solving a lot of the problem of the money laundry and terrorism in the previous ecosystem.

And in this time, they are pushing it into bitcoin?

I was realizing if this is a scenario by EU. With monitoring, the exchange site won't be solving anything.
newbie
Activity: 14
Merit: 0
This is a good way to control unwanted money (laundering money or terrorist finance).
but how can they identify and not to hit the bitcoin privacy of the bitcoin users?
hero member
Activity: 798
Merit: 506
I do understand the government reasons:
The directive constitutes the main legal instrument to prevent the EU financial system from being used for money laundering and terrorist financing. The directive, to be transposed by June 26, 2017, establishes a framework to require member states to identify and mitigate risks related to money laundering and terrorist financing.
I think the best way is to control all of exchanges and issues some regulations about convert bitcoin into Euro, money laundering and terrorist financing should be in great amount, so whoever convert in big amount have to reveal his id to gov.
Pages:
Jump to: