HAL1000 Posted February 23, 2022 Share Posted February 23, 2022 (edited) https://u.today/eu-on-track-to-ban-bitcoin-report According to a report published by German cryptocurrency media outlet BTC-ECHO, the European Parliament, one of the legislative branches of the European Union, has moved to ban Bitcoin and other proof-of-work (PoW) cryptocurrencies. Also Nexo wants everyone to go through KYC in March - so if you don't want to do that, then maybe it's time to switch:- Get up to 6.7% on your XRP holdings, paid out in XRP:-https://vauld.com/register/cqmdxv 4.7% paid out, no KYC and no lock up period Edited February 23, 2022 by HAL1000 woodman_73 and namini 2 Link to comment Share on other sites More sharing options...
namini Posted February 23, 2022 Share Posted February 23, 2022 So yea it seems some ecologists would like to try (and could succeed to ban bitcoin or at least mining- not clear) in Europe... Here are the emails if you want to give an argumented opinion on the matter: Link to comment Share on other sites More sharing options...
thinlyspread Posted February 24, 2022 Share Posted February 24, 2022 9 hours ago, HAL1000 said: Also Nexo wants everyone to go through KYC in March - so if you don't want to do that, then maybe it's time to switch:- I assumed that was standard already?! Link to comment Share on other sites More sharing options...
HAL1000 Posted February 24, 2022 Author Share Posted February 24, 2022 3 minutes ago, thinlyspread said: I assumed that was standard already?! Nope - you didn't have to go through KYC, for a lot of Nexo's basic services - including receiving interest on XRP, but soon you will. thinlyspread 1 Link to comment Share on other sites More sharing options...
jargoman Posted February 25, 2022 Share Posted February 25, 2022 22 hours ago, HAL1000 said: Nope - you didn't have to go through KYC, for a lot of Nexo's basic services - including receiving interest on XRP, but soon you will. Ok but you needed to KYC to withdraw fiat, Now they KYC you on the way in vs on the way out Link to comment Share on other sites More sharing options...
jargoman Posted February 25, 2022 Share Posted February 25, 2022 On 2/23/2022 at 5:44 PM, namini said: So yea it seems some ecologists would like to try (and could succeed to ban bitcoin or at least mining- not clear) in Europe... Here are the emails if you want to give an argumented opinion on the matter: I could only see them banning the burning of fossil fuel for mining. They can't ban solar mining. Bitcoin is too big. It would fork into a proof of stake mechanism if it came down to that Link to comment Share on other sites More sharing options...
Skippy Posted February 25, 2022 Share Posted February 25, 2022 I'm still having trust issues depositing XRP to NEXO. Not your keys not your crypto :I QWE 1 Link to comment Share on other sites More sharing options...
Chocobo Posted March 21, 2022 Share Posted March 21, 2022 On 2/25/2022 at 5:42 PM, Skippy said: I'm still having trust issues depositing XRP to NEXO. Not your keys not your crypto :I I can understand but they have some good policies and insurance. I have put my entire XRP portfolio there for 8 months now, locking it month by month manually. Payed out in NEXO tokens this gave me 12% and made me platinum member. The only downside is if XRP makes a huge breakout my holdings are locked. But I don't mind until the law suit is finished. Link to comment Share on other sites More sharing options...
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