Post
Topic
Board Bitcoin Discussion

Re: Britain to bar consumers from borrowing to buy crypto under new regime
by
Free Market Capitalist
on 04/05/2025, 08:16:13 UTC

By the way, while browsing reddit the other day I came across a post in the Monero subreddit with a link that showed the European union really, really wants to know what people are doing with their money.  In the name of money laundering, fighting terrorism, and the usual bullshit excuses provided for limiting freedom to own crypto.  It reminds me of the old PR line when some big shot gets fired:  "he wants to spend more time with his family".  Nonsense.

That's right. The EU is heading towards a totalitarian state (the same as UK, which has not been part of the EU for years but is now following a similar policy).

Note the latter: European Union To Ban Anonymous Crypto & Privacy Tokens By 2027

Some say this would include Lightning Network.

They don't want anything they can't control.