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Author Topic: Discuss solutions to stop the banksters trying to control Bitcoin?  (Read 94 times)
GwSoJ (OP)
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December 19, 2017, 10:35:06 AM
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So I see the EU has just released a load of threats about how they are going to control us and how we spend out crypto. We know these banksters aren't going to go quietly in to the night and just let us away with not giving them 40% or more of our stuff.

Thought it would be cool to have a thread about practical solutions to deal with this coming problem.

For example let's assume that all trading sites who have this rule forced on them are going to move to countries that don't have it. So where are a list of good markets that are outwith the grasp of the banksters?

Emoclaw
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December 19, 2017, 10:43:19 AM
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Nobody is trying to control Bitcoin, because it cannot be controlled.
They're trying to force all exchanges to follow the KYC guidelines, this isn't bad. Bitcoin IS involved in money laundering & drug trafficking. This is an attempt to reduce these crimes.
Nothing is happening to Bitcoin though.

Exchanges can move to whichever country they want, but they cannot operate in Europe unless they follow these European regulations. Thus, a European citizen would have to move out of Europe as well.
GwSoJ (OP)
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December 19, 2017, 10:47:00 AM
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Nobody is trying to control Bitcoin, because it cannot be controlled.
They're trying to force all exchanges to follow the KYC guidelines, this isn't bad. Bitcoin IS involved in money laundering & drug trafficking. This is an attempt to reduce these crimes.
Nothing is happening to Bitcoin though.

Exchanges can move to whichever country they want, but they cannot operate in Europe unless they follow these European regulations. Thus, a European citizen would have to move out of Europe as well.


OK I will add some detail to my point. They can control the money when you exchange it back to fiat. This is what they are trying to do. Bitcoin as a store of value is fine but until you can buy a house with it in the EU then you are till going to have to exchange it back to fiat money. This is what they are trying to get control of.

It's not an attempt to reduce crimes, more crime is funded using US dollars that any other currency. This is another money grab pure and simple. They don't want you making money without giving them some of it. It's robbery pure and simple and we need to stop just lying down to it.
davis196
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December 19, 2017, 12:14:20 PM
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So I see the EU has just released a load of threats about how they are going to control us and how we spend out crypto. We know these banksters aren't going to go quietly in to the night and just let us away with not giving them 40% or more of our stuff.

Thought it would be cool to have a thread about practical solutions to deal with this coming problem.

For example let's assume that all trading sites who have this rule forced on them are going to move to countries that don't have it. So where are a list of good markets that are outwith the grasp of the banksters?



Some crypto exchange platforms will have to comply by the KYC rules ,but i`m sure that not all of them will follow these rules.The darknet and unregulated crypto exchange platforms will continue to exist ,despite all the efforts to stop them.There are still many ways for us to hide our online identity and remain anonymous.
By the way,the banksters don`t want 40% of our stuff.They want a legal reason to steal everything from us.

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