JUST IN: 🇪🇺 EU Parliament members want to put a €7,000 limit on cash payments and €1,000 limit on crypto transfers

#Bitcoin fixes this

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Source?

Love BM, but they need to start including sources or I am unfollowing. This is just basic journalistic integrity.

They

Are

Scared

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For what? You treating the misses for dinner?

Fund Buddhism?

🤷‍♂️

Come down to us, Jen they have a cap going for their mansions and parachute salaries.

🪂

This will only drive p2p transfers

Hold y your fire there cowboy.

What EU and US don’t understand is that they aren’t the only places on earth to live. Bitcoiners will favor places without witch hunts as they will have options to choose from. So for European authoritarians my sincerest GFY

I think it's more about keeping the rest of the world in mind than not understanding it.

There might also be an element of frustration in recognizing that the largest gains from Bitcoin are going to accrue elsewhere, at least in the short term.

lol

They still go to the parliament? Aah it’s Thursday so before Friday early leaving a fast checkin for getting money pretending Bering the whole week there……🧐

Hodl hodl doesnt have limits, does it?

Hey, EU politicians, you need to learn more about Bitcoin!

Over Bitcoin network we DO NOT transfer EUR, but only sats.

That means... you can suck it, you will never stop me to transfer to somebody else any amount of sats I want.

GFY

🥊

MEPs are captains of a sinking boat and their solution is to handcuff the passengers.

The real #ChangeTheCode ? 🤣

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Code is Law ¯\_(ツ)_/¯

Those limits would ratchet-down at regular intervals until cash is banned. Why are dystopian hellscapes is so damned appealing to bureaucrats?

My node does not compute.

Already happening in Germany. You may also not pay anything in cash over 10k. No cash payments on houses, cars etc. Pathing the path for the digital euro in record speed.

Idk why they are doing this, my money my responsibility, fck all fiat. Glory to #Bitcoin

I suspect capital flight scares the shit out of them when it's so easy currently.

And this is all to protect me. How I am not grateful for that 🤮

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There's a lot of buzz around your post.

Added to the https://member.cash/hot feed

One of my banks doesn’t allow any transfers to crypto exchanges.