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Do you live in Europe? If you don't then what you say make some sense, but the European Union think differently. The EU ban things all the time. For example:
by bjeds 6y ago
Do you live in Europe?
If you don't then what you say make some sense, but the European Union think differently.
The EU ban things all the time.
For example: inefficient vacuum cleaners banned: https://www.bbc.com/news/business-41119355 https://www.bbc.com/news/business-41119355
Light bulbs banned (this didn't originate from the EU, but the EU were early)
High watt hair dryvers banned https://www.telegraph.co.uk/news/worldnews/europe/eu/11061538/EU-to-ban-high-energy-hair-dryers-smartphones-and-kettles.html https://www.telegraph.co.uk/news/worldnews/europe/eu/1106153...
Single use plastic banned https://time.com/5560105/european-union-plastic-ban/ https://time.com/5560105/european-union-plastic-ban/
- bingbong70 6y agoBanning cutting edge fintech from Europe is basically choosing to go back into the dark ages... This talent/capital will relocate quite easily. Bonus, Bitcoin makes capital flight and regulatory arbitrage much easier. Hostile governments will pay a large penalty.
- cinntaile 6y agoYes I live in the EU. The difference is that there is a more efficient alternative available, this is not the case here.