EU hates Bitcoin

[gnerro2]

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem.

it's sad bad true.. and ultra-simply..governments and banks hates everything they can't controls..

[Oasisman]

http://metro.co.uk/2018/02/14/price-bitcoin-ethereum-ripple-surges-european-central-bank-dismisses-cryptocurrency-ban-fears-7311566/
There you go buddy, I hope this changes your views towards EU's relation with cryptocurrency. OP shouldve put any supporting facts or link to an article to atleast prove what he has been saying.

[FrueGreads]

I think your statement is quite exaggerated, and there is no reason to fear a crypto ban from the European Union. I do agree that there are some euro countries that don't really like bitcoin, and examples of that are France and Germany, but even though they are quite strong in EU, they don't make decision alone. Even if they did, EU is not China, and even though EU might be called the old continent, they are much more liberal than China. All Europe wants is regulation, just like the United States, and most developed countries. They will not try to shut down bitcoin, because they wouldn't be able to do it, even if they wanted to, because in those countries people still have a word to say.

[mrcash02]

Michael Jackson hates bitcoin too. He never said it but that's my opinion so I'm going to say it with nothing to back it up. The EU is not even a thing that can hate 'bitcoin' anyway, how can a collective of countries hate a virtual currency? Some people in the EU will hate bitcoin, others will not.

Germany and France are anti bitcoin.

http://www.telegraph.co.uk/technology/2018/02/09/france-germany-demand-bitcoin-clampdown/

They are even calling for a cooperative regulation among countries. They are the most vocal among the EU countries but I don't think that other nation will listen to them. I guess this is going to be a long war.

But we all know that bitcoin is unstoppable at this point, If you are going to go against it. Then you will be left out. And I'm sure that even though that their might be some EU countries that will ban it, their citizens will find a way to engaged themselves in trade or investment.

I believe their main concern is tax evasion, as taxes are what keeps the governments there executing their political models that generate a good repercussion on the media. It's very clear EU doesn't like Bitcoin, their regulators keep saying all the time Bitcoin and Crypto-Currency in general is a very risky investment, they try to demoralize Crypto-Currency maximum as possible to spread fear among people to not invest on it.

Bitcoin is unstoppable, indeed, but sometimes these obstacles make Bitcoin lose a lot of time and potential on short term.

[GreatOrchid]

Can you please try to explain it a little bit more?

I lived on the EU and they have never had any problems about cryptocurrencies in general (and it was on the last year)..

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem.

[Oasisman]

Can you please try to explain it a little bit more?

I lived on the EU and they have never had any problems about cryptocurrencies in general (and it was on the last year)..

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem.

OP is generalizing it. There are countries in EU who hates Bitcoin. He can name those country but he didnt, instead he generalize it, and drop a vague statement without any supporting facts. Its true that every Government and banks doesnt like things that they cannot control, but that doesnt mean they will automatically implement a ban.

[tokenburn]

all governments and banks hate bitcoin. until they have it themselves, and then they don't.

[sirkings0003]

Firstly, there is every reason for majority of governments not to like bitcoin and other cryptocurrencies. Bitcoin will reduce if not take away their gripe of economical control of thousands of people. However, European Union's actions and inactions will for sure influence bitcoin's price but it will not kill it.

[Asuspawer09]

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem.

We all knowm how big or the power European Union has. They got a very large influence in terms of its economy. But even though they got such thing doesn't mean they could be at a great manipulation of bitcoin yet we all know that no one or any governance is manipulating bitcoin that leads to banning.

[xuan87]

Governments don't like Bitcoin because it's something that they can't control and Bitcoin doesn't give any advantage to the country, so it's normal to say that EU hate Bitcoin, but it's only the feature that the government hate not the currency, once it's regulated they will accept and try to adopt crypto currencies since crypto currencies also help the people to get a better life and provide the job opportunities

[noloco]

The state works for the state, and states already got coins controlled by them , at this stage crypto is a challenger for fiat not a substitute yet.

[boltz]

That is not true. From did you find this or why you say this ? Based on what ? I think we need to see the reality and that is every one is starting to using cryptos.

[BitHodler]

Governments don't like Bitcoin because it's something that they can't control and Bitcoin doesn't give any advantage to the country, so it's normal to say that EU hate Bitcoin, but it's only the feature that the government hate not the currency, once it's regulated they will accept and try to adopt crypto currencies since crypto currencies also help the people to get a better life and provide the job opportunities

Governments don't like Bitcoin because they can't control it? Correct. Governments don't like Bitcoin because it doesn't bring any advantages to their economy? Wrong. Bitcoin provides gigantic growth potential.

Great example of this is that Belarus and Spain have started to offer startups and other business related to crypto very friendly growing possibilities with much lower tax rates, where in some cases they are exempt from tax entirely.

It's just a matter of accepting it to grow within your country, which is something that will happen gradually. Countries will at some point not have a choice but to hop on board ~ eat or get eaten!

[Vatimins]

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem.

     Well, obviously not all EU really does hate bitcoins just yet. Others are still turning a blind eye to it and just waiting for the next steps of other countries having bitcoins being illegal all over the world will be a very long and hard process. This is simply because of the fact that crypto currencies as a whole has already come to a point that it is almost invincible or unstoppable. This is what other countries have or have not understood which is why they ban or legalize bitcoins. Anyways, whatever happens, I for sure won't be leaving bitcoins.

[alyssa85]

Germany and France are anti bitcoin.

http://www.telegraph.co.uk/technology/2018/02/09/france-germany-demand-bitcoin-clampdown/

They are even calling for a cooperative regulation among countries. They are the most vocal among the EU countries but I don't think that other nation will listen to them. I guess this is going to be a long war.

But we all know that bitcoin is unstoppable at this point, If you are going to go against it. Then you will be left out. And I'm sure that even though that their might be some EU countries that will ban it, their citizens will find a way to engaged themselves in trade or investment.

Yes - but places outside the EU like Switzerland, and soon, the UK, are in favour of bitcoin, and the EU will start to fall behind in yet another tech area if they give into French and German demands. Lets wait and see if the other EU members push back at France and Germany.

[SUDARMONO]

That can make a big deal if the European Union forbids bitcoin, because it can cause bitcoin prices to fall sharply, but sometimes I think it's sometimes the drama of a bitcoin price game on the market. Hopefully the news is just a running issue.

[gnerro2]

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem.

I don't think they have any reason to hate bitcoin so why would they ban it but if what you are saying is true, another DIP will happen and it will be a huge problem for the whole crypto community.

they have every interest in blocking cryptos but they are aware that they can not do it ... and then so they will try to recycle themselves
and their control system to protect their status quo  by creating a virtual but centralized currency ... Like ripple for example

[Doge dealer]

I'M not understanding as what i see is causing great confusion for me , as European governments are saying it needs more regulation as its now becoming a tool of money laundering, drug trafficking and terrorist funding and as such they will be proposing joint regulation for bitcoin.Then comes steven Maiijoor who is chairman of the European securities and markets authority who during an interview with Bloomberg that investors should be prepared to lose all their money should they choose to invest in bitcoins , whats confusing me is this since its a tool for all these activities that are illegal and steven says anyone who invest in it must be prepared to loose everything would it not then make things easier for our security as these money launders, drug traffickers, and terrorist would be broke based on what mr maiijoor is suggesting so why would it then be necessary for the European governments to propose regulations as it will crash and die  according to the securities chairman, its clear to me that everyone knows bitcoin is the future and is here to stay and even Europe who tends to want to be unique and apart in there financial matters is being invaded by bitcoins so this is just another reaction to discredit and limit bitcoins but as we have seen so far there is no sopping bitcoins.

[gua86402]

The eu's decision not to make the BTC is illegal, and the eu is only planning to make a law requiring encrypted currency trading platforms and wallet suppliers to confirm customer information.

The aim is to avoid tax evasion and money laundering or financing for terrorist activities.

This is a positive signal to better regulate BTC. To prevent wrongdoers from doing illegal things!

[stompix]

The EU hates digital currency do you think the EU will ban bitcoin but that will be a big problem.

I would have understand this is if would have come from a Paki or Filipino shit poster that has never seen Europe in real life nor can it point it on a map.

But from somebody (based on your former posts) living in the Netherlands this is beyond comprehension.
Further more, it seems you actually have no clue what the EU is, although you live here.

The EU can't ban it without all of the countries voting for, in this case a simple majority is not enough.
And it will never pass.

Right now the EU and Europe are the most friendly Union / Continent for BTC