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EU plans to make Bitcoin transfers more traceable

[bbc.com]

FearlessFly 9 July 21
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2 comments

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This will make people stop using it or start being more accurate while using it. The main idea of cryptocurrency transfers was that they could be anonymous. Now they want to check it deeply. Why? to find out who makes them? It makes no sense. But considering they don't break the law while doing it, there's nothing wrong. The professionals from [fatpigsignals.com] said that this would cause many conflicts between the government and users of cryptocurrency. I get that the government is mad that people get more prosperous than them.

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Remove the main facilitator of certain kind of crime (ransomware), remove most of that kind of crime.

Perhaps this is the beginning of the end for something that was a bad idea to begin with.

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