Will We Get "Marked" and "Registered" for Using Bitcoin?

in #bitcoin8 years ago

EU is apparently looking to register digital currency users along with recording bitcoin transactions in a central database to prevent terrorist financing and money laundering.

Well that sucks right? I'm 100% against money laundering or terrorism financing or any kind of bad-doings, but being in some kind of a database that can potentially be hacked and leaked (along with your personal data - probably even your "bitcoin net worth") can have some serious implications on someones life.

Read more in-depth story on CoinTelegraph

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This is why its important to fight against the big data philosophy that has become so pervasive in government circles! We must fight viciously to maintain the freedoms we have lest the blockchain movement become a fond memory of better days.

#EU and its tyrannic bureaucracy that gave #Nazism to the World will never change its ways.

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