EU Committee approves:
🚫 Prohibition of cash payments over €10,000
🆔 Prohibition of anonymous cash payments over €3,000
₿ Prohibition of anonymous crypto payments to hosted wallets without any threshold
This means war on cash and gradual erosion of our financial freedom!
Notice how the article notes that opposition was overwhelming when this was put to public comment. The people who work in these kinds of committees are power hungry psychopaths.
they will impoverish many to death from their administrative metting over skype via agreements made with awkward meek handshake emojis. Madness, feel for my European brethren
Europe is about to commit suicide, right?
Insane. So much (digital) freedom to fight for ✍️
Holy shit
They're shooting themselves in the foot, this is gonna drive more people to self-custody and private transactions.
EU literally bans lightning payments, etc. They keep working hard to become completely irrelevant.
In fairness, their existence as a governing entity is somewhat imminently threatened.
They’re trying to stay viable…
Best way to engage with these new measures is to ignore them and aggressively lean into cash and lightning, etc.
Civil disobedience will work.
I remember my high school government course asking how long would the EU exist, as every other united Europe experiment had failed.
Seems about the amount of time a rational “bear” might have expected:
A couple, almost few decades…
Its a good thing the life-raft already is here.
Needed to draw this✍️ nostr:note1edl55ugzdn62mtx9cwp775d0tn0vsqvhsytnpjjzx8tjwed7q85spt7dnp
So they want to corralito Europe.
If the situation is hard, use mostro, a de centralized exchange created by nostr:npub1qqqqqqqx2tj99mng5qgc07cgezv5jm95dj636x4qsq7svwkwmwnse3rfkq
This I assume will mean Revolut will demand to know where any BTC deposits come from I guess
Closing the financial exit ramps in Europe to capture their populations and what is left of their wealth.
Sad.
You know what? I won’t comply. Cash is untracable, Bitcoin is easily the same. They can go fuck themselves.
what follows, prohibition of anonymous payments to leather wallets and church fundraiser donation boxes?
They are only banning themselves from network. The countries that are friendly to #bitcoin will flourish and they’ll have no choice.
criminals don't care if you make cash payments illegal. they're not going to just give up because the gov bans them. they'll either continue to do it anyway or switch to something else if cash becomes to cumbersome.
nostr:note1e3j6m563ztn044rrcqqjj7ztw5yqf0ezym4vugfwyp9um675d2rqf0cvv9
This is complete insanity man! What the actual fuck
guilty until...
Yes, I've been thinking about this for a while.
nostr:note1e3j6m563ztn044rrcqqjj7ztw5yqf0ezym4vugfwyp9um675d2rqf0cvv9
Fuck the EU, seriously.
How come this gets approved??? Nobody I know really like this policies... WTF!
I can't believe this is real. The EU is a joke and a self imploding nightmare. It's time to gtfo if anyones there. I'm soooo glad I did jfc.
The only way out is physical elimination of the entire nomenklatura and dismantling the Marxist state apparatuses.
The European Commission is the property owner. Without property rights, which is the basis of all other rights, you have absolutely no rights.
You only have privileges. All privileges can be removed.
Privileges are: "Your" life, "your" children's life, bank account, money, freedom of speech, freedom of movement, freedom of assembly, guns, socks, etc. You own nothing.
Marxism is total in scope and extremely aggressive, and it cannot be defeated defensively. The only effective countermeasure against an aggressive opponent is even more aggression, and it must be total in scope, all Marxist state operators must be disassembled physically.
The United Kingdom, Canada, Australia, etc. only have one property owner, which is the sovereign. Annihilate the British Monarchy and obliterate the Marxist state apparatus beneath the sovereign.
The United States has the POTUS and the US Congress as the property owners. Exterminate the US Congress and the executive branch and dismantle the Marxist state apparatus beneath.
You can't hide from Judeo-Bolshevism 2.0.
Don't vote, revolt.
all of this while they push for a CBDC smh
No. Germany has not even a cash limit. it won't happen.
Try bringing more than 10k in cash to your bank 👀
That situation is relevant for AML/KYC banking regulations in Germany, which I don't know. For private transactions there is no cash limit, which is reasonable.
Try to take out the same amount in cash from your account at a latin bank, and see how much time passes before you actually get your money.
Nostr is not anonymous. We are fine.
https://void.cat/d/VntFedPBcJ8M2FukEgdF2q.webp
It's all been done before
https://void.cat/d/26dDsvxAfqLkPZLbe6eni1.webp
It's all been done before and had we been told the truth in school we'd have seen all this coming!
