Topic: The EUSSR hates bitcoin (Read 65 times)

I hope it will change thanks to Trump

You're saying something meaningful here, it is pertinent for us to understand that bitcoin will always be a controversies to some while to some a choice to make in time of need, we cant do away without having the critics.

Also, when it comes to world leaders and the other countries approach over bitcoin, it is important that we see the role US alone can take to set the lead over to other countries to follow regarding bitcoin, which we believe that the new Trump administration will make everything looks more adaptable for the use of bitcoin and for others to follow after them in due time.

Some always think that a time will come when bitcoin will generally be accepted; it will be a thing or challenge if the US makes the first move, which I have always objected to.

There are those who, no matter how competitive other governments are running to acquire bitcoin, will always stay in their lane and hold their stand against bitcoin, unless those bitcoin critics are no longer in office. If not, they will always stand against it. The grey-haired man is doing his part, but he's not that righteous.

Have you noticed that right after the Czech Central Bank announced they're looking into bitcoin as reserve asset, Legarde was asked if EU bank wants to do the same and declined and the Czechs said that they're not going to do it either because "no other EU central bank is using bitcoin".

This looks suspiciously coincidental and my theory is that Legarde, or her underlings from the EU central bank, contacted the Czech central bank and told them not to do it.
IMO the end game for the EU is to impose CBDC and then add that to the reserves. They're afraid to use bitcoin for that first since they don't control it. They want the first officially recognized cryptocurrency to be a centralized one.

The EU will never like Bitcoin because it takes away power from their ability to tax and confiscate fund, quite obviously. No State will ever like Bitcoin, unless it has an incentive, like El Salvador, and recently we saw that even El Salvador removed relevance on Bitcoin when it comes to being considered legal tender.
Not even the US likes Bitcoin. Trump is simply a grifter and found a new voter market to get him elected, that is all. No politician cares about Bitcoin with exceptions. I think Sennator Lummis actually cares, but no one in the Trump circles cares, they are just USD maximalists.

Europe has long been heavy handed with their regulations but that doesn't stop a math equation.

The game theory of bitcoin holdings is just getting started. Large companies and nation states are just starting to enter the ring. Let's see which European nations decide to open up their economies to the best money in history.

I don't think the US will do anything meaningful anytime soon but if they do, I don't think Europe will stand by completely idle while the rest of the world adopts a system that greatly benefits their people.

Only time will tell but as long as we can self-custody our own sats, the ECB and Lagarde will do everything to stifle EU bitcoin adoption.

There are concerns among everyone about further adoption of crypto-friendly policies (Bitcoin) and I do not think that Trump has taken big steps in this direction despite all the noticeable development in the emerging crypto market since Trump returned to the White House. Adopting crypto in the United States does not mean abandoning the dollar or classical payment systems, but there is caution due to the lack of laws regulating the sector and therefore the door cannot be opened all at once. In Europe, the situation is different because all EU countries (except Switzerland) use a unified currency and any malfunction in the currency system or a review of performance could cause economic and financial disasters. The economies of the EU countries are different and they are currently involved with the euro due to inflation crises and the relationship with the dollar, so it is not that easy to ensure a smooth transition to crypto without harming the value of the euro.

Well, Bitcoin is meant to be parallel to fiats and the centralized system. It ought to be hated by them otherwise we should be worried.
 The worst they can do to use Bitcoin currency is to use the fake/wrapped version of it on centralized system, like the exchanges.

Ofcourse, with the action of US leader, they will find it hard to impose CBDC on nations. It will likely be the nations deciding to adopt some sort of globally interoperable national digital currencies on system they individually have more control over, that allows for easy currency swapping or trading of products/services between nations and people.

In regards to the "orange hair" being seen as the bad guy, I think badness naturally is attributed to certain characters which are meant to serve as warning when picked up by the body sense organs. The characters could also be used to wade or fight off evil/lawlessness. But it is often misused or misunderstood by most people in the system.
For example, a leader who really meant to fight evil would use the characters and be misunderstood by the subjects to be an evil leader. The leader could also misuse or use the characters wrongly against those/things that  do not deserve them.
The system took advantage of this aspect of nature to hide the true intention of leaders to the subjects. Those appearing nice and gentle could have abominable intentions and still be loved due to the appearances, and vice-versa.

ECB president ‘confident’ Bitcoin will not enter central bank reserves

Christine Lagarde en Garde: Bitcoin Will Not Enter Central Bank Reserves

Many of you guys still keep thinking that the bad guy is the one with the orange hair while this chick is going to shove CBDCs up your asses and institute KYC on all transactions.

Donald Trump bans CBDC in US: What it means?

Trump orders administration to evaluate potential for 'national digital asset stockpile'

This is a battle between control and freedom and the one with the orange hair is not exactly the bad guy.