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possiblylinux127 ,
@possiblylinux127@lemmy.zip avatar

This feels like satire

onlinepersona ,

How do you even ban anonymous crypto? It's anonymous 😅

CC BY-NC-SA 4.0

BreakDecks ,

If you have €50,000 worth of Monero, they can't know and won't care. If you transfer it to someone else you'll be under the radar. If you try to cash out your Monero, they'll find out and you're in deep shit. Monero is worthless to most people if you you can't exchange for fiat.

onlinepersona ,

It's not a problem to get large sums of money out of money:

  • create a foundation, allow donations, get a few donations in monero, tada
  • spread it out to friends and family, let them take out the money in cash, receive money

Probably if you are able to fly to a country where there's lax rules on crypto exchanges and residency, you can get an address there, sign up for an exchange and get the monero out in that currency.
I'm sure if you asked a tax advisor how "optimize taxes" they'd give you a bunch of financial instruments to "not launder" money.

Honestly, these laws will probably mostly apply to people with large sums of money most normal people wouldn't dream of transferring anonymously.

CC BY-NC-SA 4.0

sugar_in_your_tea ,

This is for businesses, and businesses are required to have proper accounting and audits.

Pantherina ,

Wtfff

HawlSera ,

creepy

Squizzy ,

I have spent €3000+ in cash a few times in the last few years but I dont really mind this tbh.

Mubelotix ,
@Mubelotix@jlai.lu avatar

Don't give up on your rights just because it's easier to be lazy and not defend them. Stand for all them, whatever they might be

summerof69 ,

Are you seriously suggesting me to contact my MEP based on the clickbait title you've written? Wow.

naut ,

Would it make sense to have ?
https://lemmy.ml/post/7968927

Cyberjin ,

Pretty sure corruption isn't using wire transfer 🫢
Comes in physical form that can't be tracked

Linkerbaan ,
@Linkerbaan@lemmy.world avatar

So a ban on crypto and CCP like control over all finances?

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