EU Imposes Banking Rules on Cryptocurrencies Without Granting Banking Rights: Expert

in #crypto-news8 years ago

 Bitcoin community has reacted to the European Union's announcement that digital currencies control will be on its list of priorities in 2017. https://cointelegraph.com/news/eu-imposes-banking-rules-on-cryptocurrencies-without-granting-banking-rights-expert

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use TAILS
use crypto
use cash
use barter

fuck the banks

Avoiding these control freaks is why cryptocurrencies were developed in the first place.

Cryptocurrency will not end the EU. The EU will end the EU if no real reform happens.

The EU will collapse under the weight of its own bureaucracy. Cryptocurrencies are part of what will keep the economy alive until then, and allow people to rebuild afterward.

People can use Bitcoins among themselves and there is little that governments can do about it. However, according to the rules, they affect the usability of Bitcoin, which, naturally, affects its price.

The article was enlightening, Thanks for helping to keep us informed.

thanks Sergey upped back

All are equal, but some are more equal than others!

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