@thenewoil The ban only applies to hosted or custodial wallets offered by 3rd-party providers, like centralized exchanges. But:

MEP Patrick Breyer (Pirate Party of Germany), one of only 2 members who voted against, argues that the legislation compromises economic independence and financial privacy. He claims that the ability to transact anonymously is a fundamental right and believes that the ban would have minimal effects on crime, but would deprive innocent citizens of their financial freedom

@thenewoil I had a few edgy takes on this subject. :-)

@thenewoil 😔

@thenewoil Don't get Zucker-punched, Mastodon!

Threads shouldn't be knotted to become a noose that suffocates federation, freedom & independence.

Just saying.

#Mastodon #Fediverse #SocialMedia #Independence #Meta #Facebook #CorporateMedia #AntisocialMedia