Post
Topic
Board Bitcoin Discussion
Re: New EU AML ban bitcoin anonymous payment
by
goldkingcoiner
on 23/03/2024, 15:23:27 UTC
And how exactly are they going to stop people? It is an anonymous deal, lol.
They target stores, digital stores, exchanges, and decentralized exchanges.
I don't know if the wallets will be in the same category, meaning that you need to complete identity verification to get a $10,000 transaction for your wallet, but their current focus will be on banning decentralized exchanges.

yes, they target centralized, public elements. But they cannot really target the decentralized, anonymous ones. How would they stop a decentralized p2p marketplace, for example? Or even a dex?


Have cryptocurrency payments ever been anonymous?....

Good question: I read that years ago there was many people calling BTC anonymous when it really isn't. Sounds like the early users pulled off a huge scam on the world? I still love crypto for small payments, but you need to be careful going forward.

Bitcoin is not anonymous (by its nature of being a literal public ledger). However there exist ways of making Bitcoin anonymous, if need be.