Uses transparent eternal blockchain. Gets surprised tyrants get a raging boner and decide to start slapping labels on all the public data silly people put out there without considering the consequences of their actions. image
Pleb Rebel's avatar Pleb Rebel
MiCA: The EU's Stealth Attack on Bitcoin's Soul MiCA isn't regulation, it's a declaration of war on what makes Bitcoin revolutionary. Fully enforced since Dec 30, 2024, this EU regime mandates KYC for every crypto service provider (CASP), enforces the "Travel Rule" to track and share transaction data across borders, and bans platforms from admitting assets with "inbuilt anonymization functions" like mixers or privacy tools. It's the biggest assault yet on anonymous Bitcoin holding, shredding financial privacy at its core. This isn't about "consumer protection", it's a direct hit on financial anonymity, forcing every satoshi's origin and destination into the surveillance dragnet. Governments fear the untraceable power Satoshi unleashed: money that can't be censored, seized, or spied on. MiCA subjugates that independence, turning sovereign individuals into tracked subjects in a digital panopticon. It's the most dangerous bid to crush personal financial sovereignty under bureaucratic bootheels. The irony? It won't work. Non-compliant firms and individuals will flee the EU like rats from a sinking ship, routing to freer waters. Bitcoin doesn't bend, it flows. It'll thrive in jurisdictions that honor privacy, sovereignty, and true anonymity, places with decentralized networks or pro-freedom havens that reject this monstrosity. Bitcoin was born to escape fiat tyrants. MiCA just proves they're terrified. Stack sats, stay pseudonymous, and watch the empire crumble. #Bitcoin #MiCA #FinancialFreedom View quoted note →
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Replies (3)

Even if YOU are immune today, MiCA does one key thing: It turns the 99 % who don’t know or don’t want to use privacy tools into involuntary informants against you, because every chain still starts with them (KYC fiat → BTC → you). MiCA isn’t just “a tax on stupidity.” It’s a deliberate attempt to kill the option of private transactions for everyone, including you, in the long run. So no, it’s not “the fault of naive users.” It’s the atack of a system that wants to turn Bitcoin’s voluntary transparency into mandatory surveillance for all.
Oh, I realize that fully. My gripe is with all the moonbois who ignored this obvious issue for almost two decades, even saying to regulators (I know of several cases personally) that they shouldn't be worried about Bitcoin because it's all traceable.
Very true! Personally, I'm surprised by the lack of response to such an attack. A year ago, hardly anyone was writing about what was to come. Even now, there isn't much interest.