Topic: What the f..ck is wrong with the world,EU and crypto ? - page 2. (Read 203 times)

Do you believe the government is capable of protecting anyone? Financial regulations should only exist to promote capitalistic outcomes, ie competition amongst businesses. Bitcoin is decentralized by nature and doesn't fit the bill of sensible economic regulation; there isn't a central authority.

I haven't read any text of proposed bills, they all follow the same format -- bunch of jargon and strict regulations designed to curtail Bitcoin usage/growth. Consumer protection is the least of their concerns.

There is nothing that we can do about it. Unless you are as rich as Elon Musk then you can do something but as long as crypto is not banned or considered as illegal then it's fine for now. Everything takes time and in 10 more years alot of people will be relying on crypto then after that crypto will be out of reach from the government

Yes, that is exactly what is happening today. They climbed into our wallet, into the refrigerator, into bed. We can't drive our own car, we can't buy our favorite food. Why, for example, should refugees live in my house? Why can't they live with the prime minister? I am a kind person, but there is a limit to everything. If the new virus does not kill us, then our own government will destroy us. It's so hard to imagine that it even seems ridiculous.

May I know what happened in the 90's internet that is so different from now? I can't seem to recall.
Btc in 2009 and BTC now are a bit different because now we have people from all works of life as part of the technology and everyone is trying to make it more suitable for them.
Besides, for btc to achieve global recognition and worldwide acceptance, certain things will change or will be introduced and I guess government control is one of them.
And I think you are exaggerating a bit, government is not exactly telling you how to dream, nor do they control how you should eat. I believe you are very much in control of those. 

It's still possible to deal with bitcoin in a decentralized way, since you can move funds through p2p transactions and there are decentralized platforms operating which won't ask for KYC and aren't regulated, but that is at your own risk to go for them without any guarantees in counterpart.

About governments' interference it was expected to happen once crypto became popular and widespread. Regulations are actually inevitable and there is nothing we can do about it besides agreeing and following them, giving up services they rule, or finding gaps (cheating them) and consequently facing the consequences for these acts. That is how things work since the arising of the human organized society.

Protect "investors" from what ? Do they expect that bitcoin will generate "value" ,apples,milk,honey ? What do "investors" expect bitcoin to do ?  "investors" even read the btc paper: https://bitcoin.org/bitcoin.pdf ?  Bitcoin is an experimental payment system that is based on trust...with bitcoin you move cash from point A to point B , that's it , nothing else.  Pretty much speculators took over the bitcoin networks and turned bitcoin from a cryptocurrency into a ponzi scheme. And f..king govs encouraging morons to "invest" in crypto...the world is crazy.
 
Smart people transfer money via bitcoin,morons invest(speculate) on it. It's f..ucking crypto + currency not crypto + stocks ...

That’s how the governments work… They want to control everything and everybody. Money, people, businesses, banks… anything you name it. People wore masks and got dangerous gene therapies because the government told them. We are simply not free. Crypto can’t be free neither. It was always going to come to this and it did.

I'm not exactly sure what they're looking at with the "wild west market" but they're probably looking to protect investors (and this is hopefully what the bill is being passed for). Tighter regulation was always going to be coming and it'll be interesting to see if plans like this are actually implemented well enough to reduce scams (or if they're just a hassle for exchanges and traders alike).

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I'm also assuming they're just copying the UK's regulations on this which already have licenses for exchanges.

Crypto was supposed to be a decentralized means of payment, to escape banks and governments regulation, now it seems governments are trying to take control of crypto and the internet.

It's like the gov is telling you what to dream, what to think, what to paint, who to f..k, what to create and so on, we need to disconnect from this internet controlled by govs and make a truly crypto that no one can touch! This is dictatorship people.Open your eyes ! They are trying to control our lives and take away our freedom !

Crypto and the internet should not be a weapon like they want it to be. They weaponized food, oil, electricity, water, internet and anything they get there hands on.
They don't like you to download pirated ebooks ,watch pirated TV do to fact it's hard to censor not because they give a cr..p about "author rights"... Open your eyes ! Don't use see ,your allowing them to take your freedom !

Remember the '90 s internet ... that was a free internet,remember bitcoin 2009 ,that was true crypto...

I think it's time to close our mobile phones and say f...ck you and your internet EU


"Cryptocurrency companies will need a licence and customer safeguards to issue and sell digital tokens in the European Union under groundbreaking new rules agreed by the bloc to tame a volatile “Wild West” market."

https://www.business-standard.com/article/international/european-union-approves-rules-to-tame-wild-west-crypto-market-122070200060_1.html