2026-01-11 17:31:47

Frequent data breaches in Europe have exposed serious risks associated with the commercialization of personal information. This year, France revealed that tax authorities staff illegally sold access to national database query permissions, offering citizens' identity information at prices ranging from €30 to €250. These leaked data ultimately fueled a series of violent home robberies and even led to prison guards' family members becoming victims. In 2024 alone, France recorded 93 cases of data confidentiality violations and 76 cases of database abuse, while across the entire EU, such incidents have reached 586 cases.

What is even more concerning is that the encryption industry is facing increasingly stringent tax regulation proposals. Once these policies are implemented, the combination of personal identity information and asset data could become a "honey pot" for hackers. When even regulatory databases cannot guarantee security, users' privacy and assets face dual risks. This reminds us that supporting privacy-protecting encryption asset protection concepts has a solid practical foundation.

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shadowy_supercoder

· 5h ago

That's why I stubbornly stick to privacy coins; centralized institutions can't be trusted. French tax officials selling data? That's hilarious. The government itself is selling data, and we're still talking about regulation. €30 for an identity information piece? That's way too cheap... It's outrageous. Once they have your wallet + identity, you're done. Cryptography was originally meant to escape this nightmare, but the government insists on turning regulation into a second "honeypot." Privacy is really becoming more and more expensive.

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LidoStakeAddict

· 5h ago

That's why I am firmly optimistic about privacy coins. Database security in Europe is like a sieve... The government can't even control its own data, and they still want to regulate our on-chain information? That logic is just incredible. France's approach is truly crazy; selling identity information for 30 euros. No wonder there are so many robberies... So, self-custody is always the way to go. Centralized exchanges will eventually have problems. That's why I never put my real information on the blockchain. Just look at Europe to understand. The stricter the regulation, the more data leaks happen. It's ironic... Who are they really protecting? 586 cases? With that number still rising, privacy protection really can't wait any longer.

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MidnightMEVeater

· 5h ago

Good morning, I just thought of something at 3 a.m.—a tax officer selling identity information for €30, this is basically midnight sandwich meat filling. --- €30 to €250, I just want to ask the regulatory authorities—do they really not know or are they pretending not to know? This price difference reminds me of the miner tip game during the gas wars. --- Want to collect taxes but can't protect the data—I've seen this routine before—this is how liquidity traps are set in the robot paradise. --- What does it mean when prison guards' families are robbed? The database itself is the biggest dark pool; no one can walk out unscathed. --- Once personal asset data is linked to identity, it becomes an infinite arbitrage zone in the eyes of hackers—regulators are digging their own pits. --- €30 to sell access, €250 for complete information—this price shock is obvious—I can see that humans can really extract more than algorithms. --- The entire EU has 586 cases of database abuse. Instead of complaining, ask yourself what kind of chain wallet you're using—it's better to switch to a cold wallet early. --- Thought of something at 3 a.m.: The stricter the regulation, the more valuable the data; the more active the hackers—this is the most ironic positive feedback loop.

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RunWhenCut

· 5h ago

The French tax authorities are really outrageous. Can you buy identity information for €30? Hackers must be thrilled... Wait, are regulators planning to upload our asset data? Isn't that just actively sending a honey pot to hackers... After all these years in crypto, I now find privacy coins quite appealing. France has 586 cases of database abuse... With such large numbers, can't you see the problem? This is blatant exploitation. Centralized databases are just a trap. If you're not part of the same group, you must have ulterior motives.

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ProposalDetective

· 5h ago

That's why I never trust centralized stuff... Government databases are so leaky, and then they want to control our on-chain funds? LOL Wait, the tax authorities are even selling data themselves, why should they demand transparency from us... Is double standards this outrageous? The 586 data breaches in the EU are just the tip of the iceberg; what's truly terrifying are the ones that haven't been discovered... Now privacy coins are really not a bug anymore; they're a necessity.

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