⚡️🇪🇺 NEW - Elon Musk on European Overregulation

“Europe is over regulated. There are too many rules and regulations that make it very difficult to create a company. They’re doing too much to protect large companies at the expense of small and medium size companies. The net result is you have a large amount of very small companies and a small amount of very large companies, but then not much in the middle.

There needs to be a way to go from being a small company making great services and products to scale to ultimately become a big company. But you have regulatory capture by the large companies in Europe, who don’t want to reduce the regulatory burden. They like the fact that the regulations protect their duopolies and monopolies in some cases.

It’s up to the government to say that they want to foster small companies and reduce regulations because the regulatory situation in Europe is stifling.

Brussels is amplifying that greatly. You have the country regulations and then you also have the EU regulations. There’s so many regulations in Europe that it makes it extremely difficult to start a company and be successful.

I think radical deregulation is necessary in Europe. And if that means leaving the EU, it means leaving the EU.”

The EU initiative Going Dark has now been launched by the EU Commission. They call it ProtectEU.

It’s a rebranding of Chat Control. New name. Same old propaganda.

The EU Commission’s goal is to “access encrypted data in a lawful manner, safeguarding cybersecurity and fundamental rights.”

Read the full release from the Commission here:

The EU politicians are back trying to pass chat control again [1]

This is where they backdoor encryption... despite this idea being voted down multiple times already.

It's ironic that Socialist Lefties don't want to honor Democracy.

NSW

- MOBILE FINGER PRINTING

DIGITAL NIGHTMARE

If you challenge the 🇪🇺 EU, you don’t face voters - you face prosecutors.

Marine Le Pen being banned from running in 🇫🇷 France is just the latest example: political opposition in Europe is now being silenced through lawfare, not the ballot box.

Not enough daily use amongst average people. Majority hodl for NGU. Only a handful of my customers ask to pay on chain, and that is probably due to the incentive offered to do so.

Institutions adopting before the network really took off with the public for its original intended use case is no bueno.

larry fink’s annual blackrock investor letter 📝