New Crypto rules EU

[Capodecapi]

Did you see the new crypto rules. You have to make full verification.

Is there any way around it? I mean now is same shit as bank Transfer basically

 

[JJ3]

1. Never send crypto directly from your wallet at a centalized exchange (Binance, Coinbase, etc) to your drug dealer.

2. Instead, send funds from centralized exhange to decentralized exchange or cold storage.

3. Then, send crypto using a VPN routed through unregulated country.

 

[Millard]

1. Never send crypto directly from your wallet at a centalized exchange (Binance, Coinbase, etc) to your drug dealer.

2. Instead, send funds from centralized exhange to decentralized exchange or cold storage.

3. Then, send crypto using a VPN routed through unregulated country.

However, this --> Coinbase may monitor who you send payments to up to 4 hops

 

[GuerillaPete]

Did you see the new crypto rules. You have to make full verification.

Is there any way around it? I mean now is same shit as bank Transfer basically

BTC has become a joke !
Totally opposite of what it should have been, basically a trojan horse to introduce people to digital currency thinking they in control of the money and is secure and untraceable.
Gold is the real OG bitcoin .

 

[Night_Owl]

So typical to regulate something to death. Meanwhile the politicians all have their own offshore bank accounts.

 

[Monkipalo]

I mean..., you can still use a self hosted monero wallet, good luck trying to track that

 

[may2021]

Crypto is lame AND NOT PRIVATE.
Any source insisting on crypto is equally lame.

 

[Inspired]

I wish more people would accept cash in envelopes.

 

[Zebedee]

I wish more people would accept cash in envelopes.

This is still extremely common in the UK for private sources. The only advantage in crypto for UK sources is it gives a layer of anonymity from their customers. Only accepting crypto doesn’t improve their OPSEC at all & just adds unnecessary complications for non-tech savvy customers, which is why many sources don’t bother with it.

 

[Crystal Clear]

For us as customers crypto / BTC might not be anonymous and sometimes a pain in the ass to work with, but for sources that use / accept / store BTC the right way it is definitely anonymous for them. Sources accepting cash in mail can be ratted by the receivers, bank transfers get stopped and accounts frozen/ seized. Bank transfers can take few days while crypto payments are received instantly.
So i think for sources it has only benefits

 

[Zebedee]

For us as customers crypto / BTC might not be anonymous and sometimes a pain in the ass to work with, but for sources that use / accept / store BTC the right way it is definitely anonymous for them. Sources accepting cash in mail can be ratted by the receivers, bank transfers get stopped and accounts frozen/ seized. Bank transfers can take few days while crypto payments are received instantly.
So i think for sources it has only benefits

I can only comment on the UK, but here it’s extremely difficult to post parcels without being captured on CCTV & it’s a weak link that essentially nullifies whatever technobabble OPSEC they (claim to) use. If UK LE wanted to bust, say Titan Labs, all they’d have to do is make a test order & tracking would lead straight to CCTV footage of the sender. Given how prevalent CCTV is in the UK, they could potentially then be tracked outside the PO to their vehicle, even if parked several hundred metres away.

The impression I get off Meso is that’s not the case in the US though.

Converting that crypto into cash isn’t as simple as it is in the US either.

 

[MR_Midas]

I wish more people would accept cash in envelopes.

Perhaps it will, based on what the government is doing with payment restrictions.

 

[Inspired]

Perhaps it will, based on what the government is doing with payment restrictions.

Governments really want to get rid of cash, and because people worldwide are sleepwalking through these times and allowing everything to just happen unopposed, my guess is that the governments will probably be able to get rid of cash. People really need to wake up.

 

[carn1t9]

Slight offtopic, but I have a question.
Does any of you have idea if the govt will be able to get details from Alibaba when we're using trade assurance to pay? Curious cuz a famous international source mentions as "teacups" and generates payment links for us to buy.

 

[MR_Midas]

Governments really want to get rid of cash, and because people worldwide are sleepwalking through these times and allowing everything to just happen unopposed, my guess is that the governments will probably be able to get rid of cash. People really need to wake up.

It is understandable that they want to, they strive to control 100% of the cash flow, hiding behind the good intentions of allegedly fighting crime.

 

[Inspired]

It is understandable that they want to, they strive to control 100% of the cash flow, hiding behind the good intentions of allegedly fighting crime.

The goal is to have digital monopoly money that expires if you don't use it in a certain way. Markets will be rigged against the customer. No free markets. Total surveillance of all transactions. This will all be tied into a "carbon" system. They will give you tokens if you are doing what they determine to be climate carbon friendly things. And if you do anything bad, they will take your tokens away.

People need to wake up.

Here's a patent for your amusement:

1. WO2020060606 - CRYPTOCURRENCY SYSTEM USING BODY ACTIVITY DATA

WIPO - Search International and National Patent Collections

 

[MR_Midas]

The goal is to have digital monopoly money that expires if you don't use it in a certain way. Markets will be rigged against the customer. No free markets. Total surveillance of all transactions. This will all be tied into a "carbon" system. They will give you tokens if you are doing what they determine to be climate carbon friendly things. And if you do anything bad, they will take your tokens away.

People need to wake up.

Here's a patent for your amusement:

1. WO2020060606 - CRYPTOCURRENCY SYSTEM USING BODY ACTIVITY DATA

WIPO - Search International and National Patent Collections

Thanks for the link, I'll study and read.

 

[MR_Midas]

The goal is to have digital monopoly money that expires if you don't use it in a certain way. Markets will be rigged against the customer. No free markets. Total surveillance of all transactions. This will all be tied into a "carbon" system. They will give you tokens if you are doing what they determine to be climate carbon friendly things. And if you do anything bad, they will take your tokens away.

I agree with what you write. this is very deplorable for us for ordinary people.

 

[Inspired]

Listen to him, the new head of Britain. Saying G7 is coming with the new monopoly money in mentioned earlier.....



View: https://twitter.com/juneslater17/status/1584652353306652673

 

[MR_Midas]

Listen to him, the new head of Britain. Saying G7 is coming with the new monopoly money in mentioned earlier.....



View: https://twitter.com/juneslater17/status/1584652353306652673

Some news is not encouraging at all.