Crypto 360°

Thursday 24 February 2022

German language Bitcoin interview about bitcoin´s history & future. Subtitle english possible.

submitted by /u/InvestWise89
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Newbie Question

I am quickly learning but have a few questions. I am DCA weekly into BTC, smaller amounts usually $10 here $20 there. I’ve checked many popular sites and the fees seem excessive for the small amounts I’m buying. Would my best bet be to continue to DCA and use Robinhood until their wallet is fully operational and then transfer to cold/paper wallet? I know Robinhood is garbage and not my keys not my money so I’m open to all pointers and recommendations.

submitted by /u/Stonkers8675309
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source https://www.reddit.com/r/btc/comments/szrlgs/newbie_question/

How do I wash my Bitcoin?

So I’ve been stacking for a couple years now, pretty much only buying through Coinbase. With the recent attempts of regulation in both the US and Canada, I want my crypto to be truly anonymous. How should I go about moving my Bitcoin from my current wallet to a non-kyc exchange so that I can “wash” it? Should I transfer to USDC first? I know if I cash it out and re-enter, that will probably trigger the IRS and that’s the last thing I want. Any and all advice is welcome.

submitted by /u/jaycpee
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CNBC be like "The case for bitcoin as ‘digital gold’ is falling apart!"

submitted by /u/bobfromholland
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European Union plans to forbid Bitcoin and Proof of Work Cryptos

So, this just happened: https://www.btc-echo.de/news/bitcoin-spd-gruene-und-linke-fordern-verbot-in-der-eu-135678/

Automated Translation:

Cramming crypto regulation. The European Parliament wants to prohibit the provision of crypto services based on "environmentally unsustainable consensus mechanisms" in its MiCA guidelines. This is according to a final compromise proposal from the responsible Committee on Economic and Monetary Affairs (ECON), which is available to BTC-ECHO. De facto, this could mean the end for proof-of-work-based cryptocurrencies like Bitcoin from January 1, 2025 in the European Union. The final decision on the draft is to be made in Parliament on February 28.

Stefan Berger told BTC-ECHO that he believes it is "very likely" that the proposal will go through. As Chairman of the ECON Committee, he is largely responsible for the design of the MiCA Directive on the regulation of cryptocurrencies in the European Parliament. The advance of the Bitcoin ban had thereby the SPD, Greens and Left energetically demanded, said the CDU politician in an interview with BTC-ECHO.

The parliamentary groups of the Christian Democrats, right-wing conservatives and liberals would have vehemently resisted the inclusion of the ban in the negotiations. In the end, the Social Democrats, Greens and Left threatened to otherwise withhold their approval of the MiCA draft, according to reports. Previously, SPD politician Joachim Schuster had already publicly called for a bitcoin ban. Green Party European politician Sven Giegold also spoke to BTC-ECHO in favor of illegalization.

The vote next Monday will be followed by a trilogue between the EU Commission, the Parliament and the member states, at the end of which the Commission will be tasked with evaluating the Parliament's proposal. The decision on this should be expected before the end of this year. In the October 2020 draft, the Commission opposed a bitcoin ban.

Bitcoin clause is "fatal"

Federal Finance Minister Christian Lindner did not want to comment on the impending bitcoin ban to BTC-ECHO. Frank Schäffler (FDP), member of the Budget Committee of the Bundestag, considers the new proposal of the EU Parliament "fatal". He already called for changes to the MiCA guidelines last year.

I assume and also expect that the German government and the lead finance minister Christian Lindner will prevent this.

Robert Kopic of the industry association Blockchain for Europe also sees the potential for the clause to "put Europe at a disadvantage."

This is a point that would put Europe, along with its green miners, at a disadvantage and would solely lead to them migrating abroad and Europe losing geopolitical access to Bitcoin.

The economic disadvantages of a Bitcoin ban are therefore obvious. A fact that the EU Commission will also take into account in its MiCA assessment, says Stefan Berger. What the final decision will ultimately look like is uncertain at this point.

submitted by /u/gumbelslaint
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Best way to buy bitcoin anonymously?

I wanna buy some bit coin, simple enough. Now where can I buy it with no kyc and no crazy fees. Paxful is too expensive and kucoin requires KYC for fast transactions, p2p and third party purchases. Anyone have any other suggestions?

submitted by /u/Ok_Plantain8096
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