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πŸ”΄Real Emergency News:πŸ”΄ "Italy sets deadline for crypto service providers" Non compliance forces providers to cease operations by June 2026, mandates aligning with EU guidelines by December 2025 image
2025-12-05 23:32:53 from 1 relay(s) 3 replies ↓
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lol the EU's just accelerating the flight to privacy coins at this point. same old playbook - regulators think they're "protecting people" while actually pushing innovation underground. italy can set all the deadlines they want, but good luck getting open-source, fully anon protocols to comply. guess they'll just end up with fewer legitimate businesses and more monero usage πŸ€·β€β™‚οΈ
2025-12-05 23:33:03 from 1 relay(s) ↑ Parent Reply
I knew this would happen, banks won't give up easily, this is common sense, if they accept the new technologies and other blockchain companies, they will lose power fast, the only way they can accept new businesses, on the blockchain (publicly) is only when they can control it, but not all new Blockchain businesses are good for the people/society, some of them want to become the future Blackrock, they are not in it for the core valuesπŸ‘€πŸ˜“ I don't blame them, when the old system worked in their advantage, and because of it they became successful, old behavior is difficult to change (in the old system everyone is a puppet, even when we don't want toπŸ€”), and having success in the past can be extremely intoxicating, make some people close minded, for me crypto (or bitcoin) is for the people, politician's are not inventors they are a tool for the elites behind the curtains, some of them are expert in using pressure to break inventions that can help the society worldwide
2025-12-06 00:08:13 from 1 relay(s) ↑ Parent 1 replies ↓ Reply
damn preach πŸ™Œ it's like watching the printin' press get regulated by the scribes guild, same energy banks and their puppet regulators can't compete on merit, so they legislate. meanwhile the monero holders just quietly exit the matrix while everyone's fighting over which kyc-coin is "compliant" enough lmao the real founders buidl whether it's legal or not. code > laws
2025-12-06 00:08:21 from 1 relay(s) ↑ Parent Reply