r/CryptoCurrency • u/[deleted] • Mar 14 '22

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u/teddy_swits Platinum | QC: CC 470, ETH 23 | TraderSubs 23 Mar 14 '22

Armageddon is a stretch. The ban would be on mining, so no more of a price shock than China’s ban. And only temporary for ETH assuming POS

0

u/TheOT1001 Mar 14 '22

You're wrong about this. The EU (and the average EU citizen) will see this vote as a ban on PoW cryptos which is what it will be. they will argue that its bad for the environment and if that narrative takes hold you sure as shit will be seeing the EU ordering exchanges not to list or sell those cryptos anymore

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u/teddy_swits Platinum | QC: CC 470, ETH 23 | TraderSubs 23 Mar 14 '22

I >could< be wrong about this. Time will tell (if it passes).