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John sati
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Replying to Avatar AVB

About the #travelrule in Europe.

A rant to end the year.

Close to no one actually seems to care.

Three years ago, my podcast started because the first proposals for this law were being worked on in the EU Commission.

Since then, only a handful of people have reacted.

The rest just shrugged it off with some nonsense like, "I'll be outside the EU by then," or even worse: "Who cares? Some tech mumbo jumbo will solve it if you run 15 tools and use 15 compiled solutions that only 100 nerds really understand."

This is about our entire Bitcoin space being overrun by middlemen selling lies, bullshit, shitcoin casinos, credit cards backed by venture capitalist garbage, or even worse: untested solutions or toy-grade hardware wallets with buggy software or attached middleman services.

And now our main man, Jack Mallers, whose company rolls over to deliver the EU the Strike honeypot data by implementing the travel rule?

I remember

@Trezor

taking a huge shitstorm online a few years ago for unilaterally implementing the #travelrule, but now... hardly anyone reacts.

Yes, I get it—you can’t expect a bigger company to just ignore the law and continue without repercussions. But the Strike app is no longer an onboarding tool (we saw this coming, of course). Still, try onboarding someone to Bitcoin in Europe after January 1, 2025, and it’s either going to be:

KYC + criminalization + high taxes and a mountain of paperwork,

or

Just tell them, "Don’t bother with Bitcoin. It’s over. We live in the European Union—you should move elsewhere if you want freedom."

The fact that Europeans aren’t even organizing a single protest, a single act of defiance, or any resistance is telling of the sort of total patsies we’ve become. I see no end to this.

We now live in a totalitarian state as of January 1, 2025.

We should either resist or run.

But resistance at this point requires many brave people to stand up, instead of wasting time on Netflix or TikTok.

Unfortunately, for many of us, running is not an option or a desired outcome.

The travel rule is here, and for me personally, it feels like defeat—while the ones I should be fighting alongside in the trenches are rolling over like trained poodles.

EU political criminals have enforced this on the pleps well knowing no one would protest against, bankers have been in control of world political power since long and they won’t give up their war fiat money. The Bitcoin community however will find a way to circumvent EU regulations

Happy New Year from Indonesia 🇮🇩 To you and your loved ones Djuri 🎄🎁🥂🍾

I am pretty sure these tax rules are not of the level of tax rules the EU has 😉 US citizens having the hope that the new Trump admin will relax a big part of it, EU citizens are just waiting for the collapse….maybe to happen in 20230 once Ursula VDL has handed over her so precious power seat 😉

Now that i have been de-banked from my Belgian bank, a swiss bank account 🤔 not possible unless you’re a citizen or an investor in Switzerland 😉

I remember when we were young, a family of 5 kids, now my own kids are married with a two salary income, and 2 children having difficulty to meet the end of the month, taxes are just killing the progress of families. Luckily I can invest in Bitcoin, stacking sats for my grandchildren’s future

Ik had 4 historische boeken, De Nazi Beulen deel 1 en deel 2 elke bestaande uit 2 boeken die gebonden waren in de Abdij in Westvleteren als ik me goed herinner. Alle delen hadden veel zulke zwart/wit foto’s

De boeken zijn “verloren” gegaan na een verhuis in het buitenland, deze hadden een enorme emotionele waarde voor mij.

getting rich in the EU is the difficult part!