Quote from: fillippone on April 19, 2025, 03:10:50 PM

EU (over)regulation often comes from poor understanding of the matter.

Do you mean they don't understand anything? Because they over regulate everything. And I'm not just talking about bitcoin or cryptocurrencies.

Quote from: JayJuanGee on April 19, 2025, 11:18:23 PM

You are not wrong, but personally, I would feel MOAR better if there were to be a qualifier placed within your above statement.

Well, apparently in the EU until recently there were bitcoin ATMs where you could make transactions without KYC under €1,000, and although KYC for all transactions has a limit to be implemented in September practically all ATMs have already implemented it. USDT has been banned in Europe, you cannot use it legally (it is currently the third cryptocurrency, on its way to be the second in market cap). This coupled with things like what LoyceV commented before. And due to the EU's taste for over regulate I have a feeling that this is only going to be the beginning. Just think one thing, this €1,000 limit, even if they don't lower it, due to inflation in a few years is going to be a laugh.

Did you know that in some places in Europe the maximum you can pay in cash is just €500 (Greece) or €1,000 (Spain and France)? This is not just about cryptocurrencies is about control.

So seemingly, things are much worse in the EU than in the USA in this respect.