200 sats \ 2 replies \ @javier 25 Apr \ on: The EU reportedly "prohibits" use of anonymous hosted Bitcoin wallets bitcoin
Yep, when you are using fiat money you are entering into a contract with the legal owner of that fiat, which is the BCE, controlled by the states. Therefore, you are forced to use their rules. Although this might look "legal", in fact it is not, because we are violating here the principle of entering in a contract knowing what you sign, and 99% of the population don't know what they are doing, so the contract should be null.
But, for Bitcoin it is even better, because you are not entering into any kind of contract, either known or unknown, you it is not any of the the business of any state.
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100 sats \ 1 reply \ @DarthCoin OP 25 Apr
The only "weak part" in all this scam, is people consent. Many are entering in that unlawful contract without knowing the details, obeying everything a gov would say.
COMPLIANCE IS WHAT WILL KILL BITCOIN.
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200 sats \ 0 replies \ @javier 25 Apr
Yes, technically accepting the signature of anybody that signs without knowing the full contract is called a scam. So it is the responsability of the people to know what they are signing and consenting, but anyway if they don't know what they are doing the contract should be null and the states do not have any right to enforce it. But the scam goes on.
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