Europe unfriendlyness is growing

[BellaBitBit]

Here in the States our Bitcoin transactions, or at least mine, are all traceable through Coinbase where if someone really wanted to know they could.  This is just another attack on Bitcoin - low lifes and terrorists use anything they can get their hands on to support their terrible ways - not just bitcoin.

[onlinedragon]

They will always hunt on terrorists and the money they have and using. Whatever currency they will use that don't matter.

[PakistanHockeyfan]

I would believe terrorists find a way around everything. It is quite inevitable to have terrorists thriving.

[Zeke2345]

I would believe terrorists find a way around everything. It is quite inevitable to have terrorists thriving.

Terrorism around the world is not all the same. The extent that it infiltrates day to day can be quite small compared to say Pakistan where you have different factions meddling to get to a certain outcome. I do not see it as inevitable and more a product of say manipulation of 3rd world countries by governments seeking profit/gain off their backs.
Not saying peace and it dissolves but its is to much of a blanket statement to say it is always going to be around. Things change at a rapid pace now and terrorism on a global stage is becoming a very useless tool to manipulate with,in the violent context.

[Anddos]

Terrorism can be related to anything. Or not. Same with bitcoin. Or anything else. Terrorists can deal with anything: money, bitcoin, gold. But all of a sudden they've got bitcoin to blame. How convenient.

Sometimes... Sometimes it just seems they don't even care how we feel...

Terrorists? On the contrary. They care very much about people's feelings. That's what they're using most. I'm mean it's not called terrorism for nothing.

[bargainbin]

Terrorism can be related to anything. Or not. Same with bitcoin. Or anything else. Terrorists can deal with anything: money, bitcoin, gold. But all of a sudden they've got bitcoin to blame. How convenient.

Sometimes... Sometimes it just seems they don't even care how we feel...

Terrorists? On the contrary. They care very much about people's feelings. That's what they're using most. I'm mean it's not called terrorism for nothing.

Gah! So it's those wily terrorists themselves who ratted out our Bitcoin?
Don't they know we're stickin' it to The Man too? Just like them, but in our own special way?
*roughly wipes aside manly tear with sleeve*
Fuckit! Obviously they don't even care who they hurt. They got no scruples!

[Anddos]

No scruples whatsoever. They're a bunch of heartless bastards. Not having any consideration for our feelings. 

[lrdeoliveira]

Europe targets 500 euro bill as it fights terrorism

In the wake of the Paris attacks, European officials are stepping up their efforts to choke off funding for terrorists by going after large banknotes, virtual currencies such as Bitcoin and pre-paid cards.

“We have to ‘follow the money’ and cut off the resources these groups use to carry out their heinous crimes,” said Frans Timmermans, a senior official at the European Commission.

“By hitting them in their pockets we reduce their ability to travel, to buy weapons and explosives, to hide in our towns and cities, and to spread hate and fear online.”

Europe’s top law enforcement officials say the 500 euro banknote (worth about $546) makes life easier for criminals.

Finally! I hope so. I thin that the 1€/cents coins and 500€ banknote are useless, in some country you can't use more than 1000-2000 euro in cash to buy things, why the hell we need a banknote for 500€?

[Anddos]

Europe targets 500 euro bill as it fights terrorism

In the wake of the Paris attacks, European officials are stepping up their efforts to choke off funding for terrorists by going after large banknotes, virtual currencies such as Bitcoin and pre-paid cards.

“We have to ‘follow the money’ and cut off the resources these groups use to carry out their heinous crimes,” said Frans Timmermans, a senior official at the European Commission.

“By hitting them in their pockets we reduce their ability to travel, to buy weapons and explosives, to hide in our towns and cities, and to spread hate and fear online.”

Europe’s top law enforcement officials say the 500 euro banknote (worth about $546) makes life easier for criminals.

Finally! I hope so. I thin that the 1€/cents coins and 500€ banknote are useless, in some country you can't use more than 1000-2000 euro in cash to buy things, why the hell we need a banknote for 500€?

Because it's easier to have one bill in your pocket instead of five. It's about convenience. Would it be better if the biggest denomination would be the 50 euro one? Different sizes for different needs.

[Kprawn]

Regulated exchanges will never be used for money laundering and terrorism funding, because it would just be too easy to track. If they want to stop

this, they will have to close down the unregulated exchanges and then the pawn shops. These people are selling valuable articles at Pawn shops,

brought from their own countries across the borders and buying guns and explosives on the black markets. Stop them at the borders and confiscate

these articles... If Europe are going to pay for their asylum, they have to contribute too... The taxpayers are going to get fed up with paying for

freeloaders.  

What exchangers are regulated? Around of 4 worldwide. Coinbase, Gemini, Itbit and Circle(all from USA).

Even the so called biggest exchanges like BTC China, Okcoin, Bitstamp(this one is from Europe), BTC-e are NOT regulated.  Yes, they are running illegal companies because there are already laws who regulate their activity.

They are posing that they are corporations but they cannot cover "only" 1 mil USD to get a financial license

Of course, they cannot afford and they don't want that. Who will use them after that? The BTC industry is 90% based on black market(ponzi, fake forex and other scams) who doesn't want to be identified easily.
Once an exchanger is regulated, it must identity all its clients very carefully, to trace the funds and to be sure that they are clean.You need a lot of staff and resources to do that.

You have any proof of that statement you made? {The highlighted part} The only reason why they want to regulate everything now, is because of the

uncontrolled chaos they created with all the immigrants coming into Europe now and the Paris terrorist attacks. Bitcoin is the scapegoat for a problem

they cannot solve. How much evidence are there that terrorists are using Bitcoin to fund their operations? {Please post the links to that evidence} 

[lrdeoliveira]

Europe targets 500 euro bill as it fights terrorism

In the wake of the Paris attacks, European officials are stepping up their efforts to choke off funding for terrorists by going after large banknotes, virtual currencies such as Bitcoin and pre-paid cards.

“We have to ‘follow the money’ and cut off the resources these groups use to carry out their heinous crimes,” said Frans Timmermans, a senior official at the European Commission.

“By hitting them in their pockets we reduce their ability to travel, to buy weapons and explosives, to hide in our towns and cities, and to spread hate and fear online.”

Europe’s top law enforcement officials say the 500 euro banknote (worth about $546) makes life easier for criminals.

Finally! I hope so. I thin that the 1€/cents coins and 500€ banknote are useless, in some country you can't use more than 1000-2000 euro in cash to buy things, why the hell we need a banknote for 500€?

Because it's easier to have one bill in your pocket instead of five. It's about convenience. Would it be better if the biggest denomination would be the 50 euro one? Different sizes for different needs.

yes but for example when i was in Europe,i had a 500 bill,  I spent more than half a day to pay for something in a normal shop whit 500€, I finally changed in an exchanger, what's the sense if in italy for example i can't pay 1000€ in cash? 5x200€ is good enough in my opinion

[bearex]

Haha the €500 bill, i havent even used one in my life, so they can make it disappear if they would like. Not a really usefull bill lmao.

[Anddos]

It's about convenience when having to deal with larger sums. Also if you want to stash some money for emergencies, you just hide your 500 euro bill and you're done. Or you can, of course, have a jar full of 1 euro coins. Also practical.

[bargainbin]

It's about convenience when having to deal with larger sums. Also if you want to stash some money for emergencies, you just hide your 500 euro bill and you're done. Or you can, of course, have a jar full of 1 euro coins. Also practical.

Why is it so many people here are concerned about stashing statist toilet paper scrip for emergencies? I'm from US, so no dog in this fight, but the last time I wished there were $500 bills was ...well, never.

[designerusa]

Europe targets 500 euro bill as it fights terrorism

In the wake of the Paris attacks, European officials are stepping up their efforts to choke off funding for terrorists by going after large banknotes, virtual currencies such as Bitcoin and pre-paid cards.

“We have to ‘follow the money’ and cut off the resources these groups use to carry out their heinous crimes,” said Frans Timmermans, a senior official at the European Commission.

“By hitting them in their pockets we reduce their ability to travel, to buy weapons and explosives, to hide in our towns and cities, and to spread hate and fear online.”

Europe’s top law enforcement officials say the 500 euro banknote (worth about $546) makes life easier for criminals.

western countries are responsible of today's terrorism because they created this capitalist system .. this capitalist system creates terroism ..first, it have to change this system.. abolising the banknote isnt the true way for this..there must be a system which straddle the whole world.. a system in which ones must be poor and the other ones must be rich.. this is so unfair..

[OROBTC]

It's about convenience when having to deal with larger sums. Also if you want to stash some money for emergencies, you just hide your 500 euro bill and you're done. Or you can, of course, have a jar full of 1 euro coins. Also practical.

Why is it so many people here are concerned about stashing statist toilet paper scrip for emergencies? I'm from US, so no dog in this fight, but the last time I wished there were $500 bills was ...well, never.

I would be very happy to see a US $500 bill.  I like paying with cash on occasion, and a $500 would be of use to me.  Remember, they used to print $10,000 FRNs (1930s, IIRC), so a $500 is really nothing, especially at (dollar) deflated 2016 levels...

I do not see why .gov should prohibit anything that people find useful.  A €500 banknote is a great way for tourists in Europe to carry around a lot of "value" without having to use their credit cards (and there ARE credit card scammers in Europe, we got taken once in Naples, Italy).

And if Bitcoin were to get big in Europe, whoa.  Put me on the next flight!

[bargainbin]

It's about convenience when having to deal with larger sums. Also if you want to stash some money for emergencies, you just hide your 500 euro bill and you're done. Or you can, of course, have a jar full of 1 euro coins. Also practical.

Why is it so many people here are concerned about stashing statist toilet paper scrip for emergencies? I'm from US, so no dog in this fight, but the last time I wished there were $500 bills was ...well, never.

I would be very happy to see a US $500 bill.  I like paying with cash on occasion, and a $500 would be of use to me.  Remember, they used to print $10,000 FRNs (1930s, IIRC), so a $500 is really nothing, especially at (dollar) deflated 2016 levels...

I do not see why .gov should prohibit anything that people find useful.  A €500 banknote is a great way for tourists in Europe to carry around a lot of "value" without having to use their credit cards (and there ARE credit card scammers in Europe, we got taken once in Naples, Italy).

And if Bitcoin were to get big in Europe, whoa.  Put me on the next flight!

Well see, I understand that pulling out a wad of $500s might excite you, but such bills are of little interest to the 99.9 percent of us hoi polloi. And while I would enjoy seeing a $3 bill, and a $2.37 bill, I'm willing not to whine about the U.S. Treasury, The Bureau of Engraving and Printing, to be more precise, not printing up any for me to enjoy.

As far as $500, those would be far more useful to criminals and people who wish to compensate for ...certain lackings by pulling out gold money clips of large bills.
We don't wanna cater to those

[OROBTC]

...


bargainbin

Let's say you want to buy an ounce of gold, that would cost some $1270 at your local coin shop.  Two $500s and some more vs. 13 $100s.  Pay by credit card?  They won't take it (risk of chargebacks), and even if they did, that would be 3% MOAR you would have to pay.

What if you wanted to buy $10,000 worth of gold?  That would be $300 extra for using your CC, or counting out a lot of $100s.

Screw that.  I would like to have the OPTION of using $500s or even $1000s, just like we had those options 80 years ago. 

Freedom and privacy go very well together.

[Laosai]

It's about convenience when having to deal with larger sums. Also if you want to stash some money for emergencies, you just hide your 500 euro bill and you're done. Or you can, of course, have a jar full of 1 euro coins. Also practical.

Why is it so many people here are concerned about stashing statist toilet paper scrip for emergencies? I'm from US, so no dog in this fight, but the last time I wished there were $500 bills was ...well, never.

I would be very happy to see a US $500 bill.  I like paying with cash on occasion, and a $500 would be of use to me.  Remember, they used to print $10,000 FRNs (1930s, IIRC), so a $500 is really nothing, especially at (dollar) deflated 2016 levels...

I do not see why .gov should prohibit anything that people find useful.  A €500 banknote is a great way for tourists in Europe to carry around a lot of "value" without having to use their credit cards (and there ARE credit card scammers in Europe, we got taken once in Naples, Italy).

And if Bitcoin were to get big in Europe, whoa.  Put me on the next flight!

Government prohibited things when they get more useful to criminals than to the honest population.

500€ bills exist in Europe and they're precisely useless. Nobody uses them and nobody carry them ever! Only drug dealer get 500€ bills! In fact that could be a good way to kill the drug lords, poison all the 500€ bills you'll never hurt an honest citizen xD

What would you do whith such a bill? You couldn't even spend it, most shop don't allow bills higher than 100€.

[Laosai]

...


bargainbin

Let's say you want to buy an ounce of gold, that would cost some $1270 at your local coin shop.  Two $500s and some more vs. 13 $100s.  Pay by credit card?  They won't take it (risk of chargebacks), and even if they did, that would be 3% MOAR you would have to pay.

What if you wanted to buy $10,000 worth of gold?  That would be $300 extra for using your CC, or counting out a lot of $100s.

Screw that.  I would like to have the OPTION of using $500s or even $1000s, just like we had those options 80 years ago. 

Freedom and privacy go very well together.

Yeah but freedom and privacy means ways to not respect the law exist

And for this example, you'd just make a secured and free bank transfer, as anyone else would do xD