‚Anonymous cash payments over €3,000 will be banned in commercial transactions.

Cash payments over €10,000 will even be completely banned in business transactions.

And anonymous payments in cryptocurrencies to wallets operated by providers (hosted wallets) will be prohibited even for minimum amounts without a threshold.‘ #EU

https://www.patrick-breyer.de/en/eu-cash-cap-and-ban-on-anonymous-crypto-payments-results-in-financial-paternalism/

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Discussion

Black markets will spring up like they always do out of necessity.

So they have created a one way street: #Bitcoin that leaves the KYC prison of the European Empire won't be coming back. Have to appreciate the EU doing Bitcoiners work here.

Curiosity in Bitcoin will grow from these silly measures. People smell that regulators have no cloths on and can't stop Bitcoin from doing what it's doing best: Transferring value person to person at the will of the people. EU want to blackmail us? With OUR money? Go fuck yourself. Go. Fuck. Yourself.

nostr:nevent1qqs8q6gqzy9qxcq5uf2c5vc2fpxjrk7a2zfdyle0d3c4k64v7yw8zrcprpmhxue69uhhyetvv9ujumn0wdmksetjv5hxxmmdqgszw920hpem4hmfc04g8gx6dejadg2s62lc7ueqlse3gfydw3j9ceqrqsqqqqqp8rme2v

Here a drawing about it #EU