Yaël on Nostr: Met a lot of EU tech people who praised MiCA. I have always been against MiCA for a ...
Met a lot of EU tech people who praised MiCA.
I have always been against MiCA for a simple reason. It doesn't even pretend to speak about what EU users of cryptocurrency tech want:
"For those of us with a significant interest in Bitcoin and other cryptocurrencies — protocols designed to be decentralized — it was always understood that the future of cryptographic digital assets relies on people learning about self-custody, holding their own cryptocurrencies in a wallet protected with private keys. That is what sets cryptocurrencies like Bitcoin apart from the traditional banking system. That, above any European legislation or good-natured incentive, is what will protect consumers."
https://www.brusselstimes.com/321442/what-the-collapse-of-ftx-means-for-crypto-in-europePublished at
2024-06-26 21:09:58Event JSON
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"content": "Met a lot of EU tech people who praised MiCA.\n\nI have always been against MiCA for a simple reason. It doesn't even pretend to speak about what EU users of cryptocurrency tech want:\n\n\"For those of us with a significant interest in Bitcoin and other cryptocurrencies — protocols designed to be decentralized — it was always understood that the future of cryptographic digital assets relies on people learning about self-custody, holding their own cryptocurrencies in a wallet protected with private keys. That is what sets cryptocurrencies like Bitcoin apart from the traditional banking system. That, above any European legislation or good-natured incentive, is what will protect consumers.\"\n\nhttps://www.brusselstimes.com/321442/what-the-collapse-of-ftx-means-for-crypto-in-europe",
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