Post
Topic
Board Economics
Re: Member Of The E.U. Parliament Says Crypto Transactions Shouldn’t Be Anonymous
by
PrivacyG
on 30/03/2022, 08:31:02 UTC
Those that continue transacting with unhosted wallets will be required to report all transactions over €1,000.
They keep lowering down the numbers and it is starting to get annoying and frustrating.  Anti Money Laundering limits on bank accounts, threshold for anonymous precious metal orders, the US looking to investigate all transactions over $400, trying to make Cryptocurrency transactions over €1,000 non anonymous.  They are full on against us and our rights which only makes me want to love Bitcoin more.

These are not sums they would need to investigate for Money Laundering, Terrorism Funding and whatnot.  The real sums going through these crimes are impressively massive but they get a pass.  Who does not get a pass is us, the peasants they do not want or need to be rich or free.  After €1,000 Cryptocurrency treshold for reporting they will start asking for reports of transactions over €500.  Then for all of them.  Does anyone ever notice how sly they are in doing this?

Was it Germany that kept decreasing the threshold for anonymous precious metal purchases all the way down to €1,000 or €2,000 and after cumulative purchases worth €10,000 you get reported to the Anti Money Laundering guys?  The bad guys move millions and billions but are never caught.  You move $1,000?  You have to be monitored and controlled.

They seem to try generalizing and normalizing the idea that you are suspect of crime for sending $100 to your family or paying $1,000 on a peaceful vacation.  No thank you, I rather have a free life.

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Regards,
PrivacyG