The European Union’s Attack On Bitcoin Is An English And Math Comprehension P...

The European Union’s Attack On Bitcoin Is An English And Math Comprehension P...

The nomenclature used to help the layman understand Bitcoin makes lawmakers confuse it as money instead of entries in a database. We must change the terms.This is an opinion editorial by Beautyon, the CEO of Azteco and a contributor at Bitcoin Magazine.A group of bitter, twisted computer illiterates in the beleaguered European Union have managed to convince the European Council that bitcoin is money, that Bitcoin wallets are actual wallets that hold actual balances of money and that they should be regulated. This is of course totally insane and an idea borne out of profound ignorance.Since....


Related News

English Premier League Kicks Off NFT And Metaverse Venture

The English Premier League is kicking off a new project in the virtual realm. As a means of expanding their channels of communication with followers, a growing number of multinational corporations are expressing interest in non-fungible tokens and the metaverse. The English Premier League, the highest level of professional English football, is the most recent […]

Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto

European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto Law Passes Another Hurdle Before Final Adoption The European Parliament Committee on Economic and Monetary Affairs (ECON) has approved the provisional deal on a landmark legislation tailored to regulate the European Union’s crypto space. The vote, in which 28 members were in favor and only one....

European Court Says Website Liable for User Comments

The European Court of Human Rights (ECHR) has decided that Delfi, an Estonia-based news website, holds responsibility for “defamatory” comments made by anonymous readers. Access, a digital rights organization, weighed in on the decision, calling it a “worrying setback.” Furthermore, the organization argues that the ruling contradicts the European Union’s E-Commerce Directive, which protects intermediaries that employ “notice-and-takedown mechanisms” to deal with user comments. From Access:

VWO Students Read Bitcoin Article For English Exam

There is a lot of education to be done regarding Bitcoin and cryptocurrency, but Dutch schools are taking a unique approach to this problem. Students of VWO – which focuses on preparing youngsters for their university studies – included a text on Bitcoin during this year’s final exams. VWO Focuses On Texts About Economy and Finance. The educational system is different in most places around the world, and European numbers divide a school year into several exam periods. Now that the end of the school year is almost upon us, it is time for the latest batch of exam preparations. For VWO....

Mt. Gox Call Center Leaves English Users In The Dark

Call Center. The Bitcoin Exchange Mt. Gox is based in Tokyo, Japan, so it came to no surprise that most of their call operators speak mainly Japanese. However, when English customers have to wait more than 20 minutes to voice their concerns just to get call operators that does not speak English, the customers got right to be frustrated. Mt. Gox's call center is open today from 10 am to 5 p.m UTC +9, which is reasonable but inconvenient to European customers where the timing would be from 7 pm to 8 am GMT. The press release from Mt. Gox says: A call center has been established to respond to....