Quote from: PX-Z on Today at 03:43:40 PM

Good thing i don't live in EU, unfortunately to those. But it looks like useless to me if transacting using non-custodial wallets. Not unless there's only a required wallet to use in every transaction which will be a fuck up to every EU citizen. But if not, this is just absurd law.

I would be very ironic and funny if in the end these kinds of laws being applied in the European Union and in the United States, in the end convinced people to move most of their money to non-custodial wallets, instead using their exchanges to manage their money and carry out transactions. If so, what would the European Union and the USA do? Since we are talking about free software/open source, it would be very difficult for anyone to police people downloading wallets of their phones and computers. I still believe this could be about preparing the path for the incoming Digital Euro to be launched and becoming widespread with little resistance from Bitcoin and alternative currencies. Afterall, if they are all about replacing paper with electronic money, the restrictions on electronic money will be lighter than those applied to crypto.

Also, it is easy to say that those who live in the EU and happen to be holders of Bitcoin are unfortunate, but living in Europa has other advantages which may or may not be related to Bitcoin and alternative currencies.