Italian law does not say bitcoin sellers must record or report the buyer's KYC info, unless they are selling their bitcoin as a business, or selling an amount worth thousands of dollars. Even if there was such a law, it would be unjust, and no one is bound to obey unjust laws. Misinformation like this essay is safe to ignore.
This can to be used against any citizen into Italy in the future with digital Euro
How? Policemen aren't tasked with enforcing compliance with essays authored by banks. Courts don't care what the bank said either. If you do a P2P trade, and the police arrest you, what will charge you with? Acting contrary to the statements made in this essay?
"Your honor, the defendant is charged with ignoring the bank's screeching."
"But what crime has he committed?"
"The bank says he's a criminal."
"Did they say what law he broke?"
"He didn't break a law, your honor. It was an essay."
"The defendant wrote an essay?"
"No, your honor, the bank wrote it. The defendant ignored it."
It's services that aren't allowed to do this. Individuals can always do this, even if it's against the law, because you have a right to do so and it's none of their business.
Thankfully, an essay by a bank is not a law
Italian law does not say bitcoin sellers must record or report the buyer's KYC info, unless they are selling their bitcoin as a business, or selling an amount worth thousands of dollars. Even if there was such a law, it would be unjust, and no one is bound to obey unjust laws. Misinformation like this essay is safe to ignore.
You’re being innocent. This can to be used against any citizen into Italy in the future with Euro Digital. This is only one path for total dystopia.
Thank you! Far better than being guilty
How? Policemen aren't tasked with enforcing compliance with essays authored by banks. Courts don't care what the bank said either. If you do a P2P trade, and the police arrest you, what will charge you with? Acting contrary to the statements made in this essay?
"Your honor, the defendant is charged with ignoring the bank's screeching."
"But what crime has he committed?"
"The bank says he's a criminal."
"Did they say what law he broke?"
"He didn't break a law, your honor. It was an essay."
"The defendant wrote an essay?"
"No, your honor, the bank wrote it. The defendant ignored it."
"My heavens, lock him in the darkest dungeon!"
^ I wait for the day when that happens!
Banks will always be slaves to central banks. Including fulfilling illegal orders
I think he meant innocent as in naive lol
OJ Simpson was innocent!
Yes.
Banks can freeze or close your account without due process
Are you familiar with operation choke point?
Not a problem for me (or anyone who understands bitcoin and is prepared). My fiat in the bank is always at single digits.
It's services that aren't allowed to do this. Individuals can always do this, even if it's against the law, because you have a right to do so and it's none of their business.
Apparently buying something over $2500 in cash from an individual is considered a crime in Italy
What about P2P kisses, do I need a business licence to partake in a hug?