Quote from: aoluain on May 02, 2022, 09:16:39 PM

If everyone who is serious about Bitcoin embraces more the idea if decentralisation and seeks
out privacy orientated solutions we can bypass these crazy laws.

As regards these new laws they have to have a negative effect on crypto development in
the EU, I wonder will future bureaucrats vote to abolish these backwards looking laws when
they realise that all the reasons why they are implimenting these laws still exist in the future.

Agree. But not everyone is knowledgeable about crypto/Blockchain tech, so most people will give away their privacy as long as they get convenience in return. While it's technically possible to "bypass the crazy laws", I wouldn't recommend doing so since that would mean facing jail time or fines by the government. Of course, privacy is a human right. But you would have to decide whenever you want to sacrifice your freedom to obtain privacy/anonymity or all the other way around. There's always a way of getting caught even if you use the most decentralized and anonymous methods ever devised.

Sadly, governments will continue to implement stricter regulations against crypto/Blockchain tech in order to stay in power. Fiat will always prevail because it has the backing of governments and central banks. We'll see how EU's moves against crypto will turn out to be in the long run. Innovation/growth will surely diminish within EU-based countries, forcing investors to go elsewhere with their money. As long as crypto stays decentralized, nothing else matters. Just my thoughts Grin