EU ban monero : Monero | Torhoo darknet markets Torhoo!

4 points

2 months ago*

Ironic that the EU cryptofascist corruptocrats use Beethoven's "Ode to Joy" as their aspiring "national" anthem, when they ban everything to do with joy. These unelected incompetent grasping scum lurch from one egregious imposition after another, without consent.

The EU can "plan" what it likes, they are completely dirt broke, and facing a financial and economic apocalypse that will break them apart, along with unprecedented illegal and mass immigration that the public reject completely, and are rebelling against.

There are a number of financial trip hazards facing them, and this October/November, and next February, may see the EUroshit preoccupied with bigger more existential things than trying to inflict Soviet-style control on the populations of Western Europe.

These incompetent wankers in the EU try to create a new Holy Roman Empire and aristocracy. The best thing that can happen to the EU right now, is that it provokes a nuclear war with Russia, and gets annihilated - I doubt the USA would bother to retaliate - fuck 'em.

/u/tobimatsu22

1 points

2 months ago

They may introduce the CBDC which is controversial for digital privacy and liberty, but I doubt that they'll ban something like Monero... maybe they going to force some big exchanges and brokers to remove it for EU citizens but, that wouldn't be a "correct way" since they will punish traders, brokers, but not the few people that use these big exchanges and brokers (not p2p) to get monero... so it'll be useless.

To sum up I don't think that could happen, EU citizens should be worried about CBDC's project and about euroskeptical groups influenced by russian big investments on propaganda. Like what happened in Romania lol

/u/footsteps

1 points

1 month ago

"they" who?!

I don't think the EU is economically or politically sustainable... you often find hubristic projects are promulgated at the point where regimes are beginning to collapse.

/u/cognac

1 points

2 months ago

Source?

/u/tobimatsu22

1 points

2 months ago

Russian propaganda probably

/u/footsteps

1 points

1 month ago

unlikely.

/u/i_o

1 points

2 months ago

Wow that will be interesting. I wonder how they plan on stopping people who buy it

/u/MousseTachio

1 points

2 months ago

They can't. As usual when it comes to most things related to technology and doubly so for crypto, it is the same never ending story of lawmakers trying to legislate shit they don't understand.

I fail to even see what exactly is supposed to happen between now and 2027 and beyond: the law is meant to apply to "credit institutions, financial entities, and crypto asset service providers" operating within the EU, and "reaching either 20,000 customer accounts or processing annual transactions that exceed €50 million". XMR is already not tradable on the vast majority of those, nothing new.

Anyways, I hate the EU so much it's unreal.

/u/pimp2go

1 points

2 months ago

There will definitely be bypasses to that. Until then, we will enjoy it while it lasts.

/u/Themeaningfulhit

1 points

2 months ago*

I feel like it's going to be the same outcome from when they tried to kill E2EE back in summer of 2024. They received a ton of backlash for that.

Looking more into this, it seems like their motives are money laundering

/u/OnTheEggshells

1 points

2 months ago

There are a lot of news like that. Almost none of them came true.

/u/swordfish

1 points

2 months ago

You can't buy it in the UK but it doesn't really stop anyone.

/u/Insurgeon P

1 points

2 months ago

Monero is king

/u/SilverTeam P

1 points

2 months ago

This could empower decentralized exchanges as Haveno/RetoSwap.

/u/pathfinder232

1 points

2 months ago

It means that in worst case scenario we would have to use TOR/VPN to use it and to pay 1-2% more for exchange that would seem to be outside EU. Yeah... no, I doubt they would do that. They are better in banning physical objects, like traditional light bulbs, but in the end someone explains them that ban of something virtual in Europe only is pointless.

/u/IcyGrape

1 points

2 months ago

Monero can't be stopped