Just in from Twitch. Quote:

"New EU regulations, colloquially called DAC7, require certain digital platforms, including Twitch, to report information to the EU regarding earnings generated by monetizing users. At Twitch, this concerns all monetizing streamers (Affiliates and Partners) who reside in the EU"

#nostr and #ZapStream fix this.

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Discussion

EU can collect earnings info on zaps too, do you want to disable them?

The gringos collect data from scripts.

Let’s execute them.

Don't you dare!

Anon Nodes here we come.

#Monero fixes this.

Clients don't have to publish that they made the zap...

It doesn't matter if they do. There is no KYC on nostr.

You rat on yourself when you use an LNURL.

As creator you're on the receiving end of the zaps not the sending side and you can setup LN addresses for specific usage. To rat on yourself (in this case) you'd first have to draw the attention of the IRS to your channel. Then they have to figure out who you really are and then they have to try and trace the money flow. I've been around for over 10 years now and the IRS has received 0 from me during that time. There is always a way...

I meant, if you are using an LNURL it's tied to a domain name and they know who to go to to find records. You are trusting them to not keep records, and they won't be able to tell you if they are if they have a national security letter telling them not to. You wouldn't believe how many crypto exchanges and related businesses get these things. They will be here on Nostr soon enough.

National security thing? Is that an US thing?

Fortunately we can run our own nodes, servers and relays and then there is VPN and Thor etc etc.

a vexing situation. As with AI though and as they did with bitcoin the EU will strangle themselves into negative productivity growth. Go to Europe for the chesse and the summer; otherwise avoid.

I'd like to be in El Salvador by '25. The EU is the test-lab for growing programmable citizens living on universal income with everything you do going on record. I don't know why only so few seem to see this yet. It's not a union of countries any more. It's a corporation.

I agree it seems obvious. I would suggest buying somewhere in El Sal as soon as you can with overseas money it is cheap. It might not be cheap forever

Yes this seems to be obvious..yet to avoid pain people prefer not to think about it. Sucks. Looking at Latin America.

I bet a lot of streamers start whining about it and still stream over twitch. #streamer #EU #europe #DAC7

nostr:note1w5whlrzwcefe9fz8ggwxkyl9yvc5t8cnumz3a98ltrxmpcfrxlfqe64fsh

"Fuck the EU". Victoria Nuland

EU goes too far on some things that’s for sure

Every breadcrumb you earn only they want to know about lol, and then they tell how it’s against money laundering and terrorism

We live in a world where public servants who are being paid to do administrative work and govern FOR the people don't do their jobs any more.

This needs to change.