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only for privacy coins tho


> this legislation is proposed by a bunch of european members of parliament who in no way represent any governments and much less the commission

Well, here is the guy from where that comes from, the minister of justice of Denmark. He certainly represents a good part of Denmark, even though he may be irrelevant to any other EU country.

https://en.wikipedia.org/wiki/Peter_Hummelgaard


> In MANY other countries...

When your scope is Europe ... The US is not the exception in the world, it's Europe which is.

The US has a dynamic job market where it's easy to lose your job, but easy to find another one. In Europe, and that's true for most EU countries, it's really hard to lose your job, but it's also really hard to get one for the very reason it's hard to get fired - and when you get a job, you will have to compromise on compensation and other benefits. It's not black and white here. While the European market is appealing to some people, the US market is preferable to others.


> It's not black and white here. While the European market is appealing to some people, the US market is preferable to others.

I agree with that, it's a very individual topic. I'd say for high paying "high performance" jobs the US model definitely has an advantage but for low-wage jobs it's quite the opposite.


No need to go as far as "low wage". Having strong labour protections is great if you are middle class and below.


Counterpoint: Denmark has something called Flexcurity: "flexible" + "security". Basically, it means you can hire and fire more easily than traditional socialist market economies. There is a good social safety net, but it is (somewhat) time constrained to pressure people to return to work quickly.


Good insight. Let's see whether Denmark remains competitive.


To be clear, the modern programme started in the 1990s. That makes it about 30 years old. If it had major problems, I assume they would be fixed by now.

Re-reading your comment again, I'm not sure that I understand it: "Let's see whether Denmark remains competitive." What do you mean?


Yeah and denmark finally voted left because they are finally getting tired of all this right wing shit that brings no benefit to workers.


Did they vote left? And that's the same left pushing over and over the Chat Control? That's an interesting twist if it turns out it's not always the right wing trying to undermine privacy rights.


You think Ursula von der Leyen is left wing? Like Lenin, Stalin and Ursula von der Leyen are in the same political party?


She is the European Commission president, that's unrelated.

But that made me curious, and answering my own question, it's this guy https://en.wikipedia.org/wiki/Peter_Hummelgaard who is indeed a Social Democrat .. So much about workers rights, funny ...


Well the proposal came from the european commission, doesn't seem that unrelated to me.


Genuine question: is that Denmark reintroducing this proposal? It's not clear when it's mentioned "the EU commission's revised proposal..." - and second question, if it's "Denmark", who from Denmark has the authority to do so? Any elected Danish member from the EU council?


Denmark holds the EU Presidency. That means they chair the Council of the EU, set the agenda, organize meetings, and drive forward legislative work in that period.


EU council works like US senate worked before senators were elected. So the right answer for who is Danish PM.

Not to be confused with EU parliament which is elected by popular vote and EU comission, which is the executive branch of EU and us voted in by Parliament


Yup. The last test from Russia was in 1990. China was in 1996. China was much less advanced than now compared to the US (proportionally) and Russia/USSR was into a crisis and didn't even exist as a country (Russia) back then. The US is just doing another gift to Russia and China.


the third option is to force foreign companies to manufacture locally (which is often the case). It's kind of the best of both worlds.


We don't really have that kind of leverage, and our domestic market isn't large enough to make it compelling.


To be fair, BYD has a bus plant in Newmarket.


Oh, that's interesting, I had no idea. Neat.


We don't need to force anyone, toyota is happy making cars in Ontario. Kia/Hyundai/Hondas are everywhere on the road, all we needed to do is splash some incentive cash and we could cut out American automakers pretty quickly.


Unfortunately, those Japanese manufacturers are located here because of the American market, because even though there's a healthy domestic market... 80% of what they produce is exported to the US through NAFTA, etc. And they're also here because of the auto-parts supply chain that moves freely back and forth across the border.

The markets are heavily intertwined and have been for decades. E.g. Ford Canada is just as old as Ford in the US.


They need to, for volume - Canada is outsized


The problem with that is our auto employee salaries would drive the cost of the vehicle up.


no equivalence indeed, it's way worse. Biden's son has never contributed to anything, CZ has and had a net positive impact on the Blockchain industry.

And I say this as someone who despise Trump. A broken clock can be right twice a day.


> CZ has and had a net positive impact on the Blockchain industry.

So, a net negative impact on society.


And HN's bias comes out again.

I'm glad he pardoned CZ. The previous administration + SEC are responsible for this mess by not passing reasonable laws. Coinbase fared much better fighting them all the way.

Trump did the right thing here.


You mean a net positive for other crypto scammers by showing how easy it is?


What did the Jan 6 rioters contribute to?


To this useless comment, among others.


Some pharma companies in the EU come up sometimes with good ideas (famously BioNTech), but it's the US and its money, building on that or just simply coming on top in most cases and ripping off the benefits. But let's not forget, that like for BMW or Bosch or others, the EU pharma companies that are somewhat competitive with the US companies are companies which exist for decades ...


Americans really believe in this stuff ha, comedians on TikTok weren't exaggerating when they talk about how they used to believe that US invented everything, has everything and the rest of the world live around dirt roads. Amazing.

Anyway, BMW and Bosch is also American because they make their money by selling to Americans. Don't let anybody say its not true.


The most shocking is that there are 13 banks out of 2,025 in the EU, which have so few cash, that withdrawing only 3,000EUR (per person) is enough to bankrupt them. How fragile it all is .. That's not going to end well


It was a MAGA talking point from the start, meant for MAGA ppl... The chance he got it was 0%, because:

1- The Nobel Peace Prize is chosen by a committee of 5 Norwegians. Having Russia or Israel expressing support doesn't help, it's probably even counterproductive. Random endorsements on Twitter don't matter either..

2- The committee values international cooperation, not trade wars, isolationism, or cozying up to dictators.

3- They prize the defense of democracy, not attacks on it.

4- The cherry on the cake: Machado got the prize while he's been threatening war with Venezuela itself. It almost feels like a big f*ck off


Your last comment isn't very consistent. For one thing the US recognizes Edmundo Gonzalez as the rightful president[1]. Machado helped him during the campaign last year. For another, Machado opposes Maduro's regime and she actually dedicated her prize to Trump.[2]

[1]: https://www.state.gov/secretary-rubios-call-with-the-rightfu...

[2]: https://x.com/MariaCorinaYA/status/1976642376119549990


> she actually dedicated her prize to Trump

Indeed. Juan Guaidó is yesterdays man.

According to the New York Times...

" She has expressed support for the use of force to depose the Maduro regime; one of her advisors told the New York Times that she has coordinated with the Trump administration and that she has a plan for the first hundred hours after his deposition"

Not sure what democratic mandate she has to be in charge post a foreign led military coup - though she is a graduate of the Yale World Fellows programme.

So rather than a big FU it would appear to be more likely to be an attempt to raise her profile to legitimise a US led coup.


Norwegians don't care about legitimizing US coups, and the current US administration is incapable of working with /anyone/ let anyone influencing Norway.


Look at some of the last Nobel prizes in recent times.

2025 Venezuela opposition, 2023 Iranian opposition, 2022 Belarus, Russia opposition ( and +1 for Ukraine ), 2021 Russian opposition ( +philipines ).

If not influenced by the US - it would appear very much aligned.

In the last 5 years, only in 2024 - celebrating a Japanese who campaigns against nuclear weapons - would it appear not to be aligned.


That's certainly ironic and I think the implications are concerning but don't you think Maduro is the one leading a coup? There is solid statistical evidence Gonzalez won the election.


Quite possibly - not fan of Maduro - just responding to the idea that the prize was two fingers up to Trump - when in fact Machado would appear to be very much in the US camp.


Yes, she dedicated her prize to Trump, and that's easy to understand. It's a way to flatter his ego so that:

1- He doesn't turn against her or try to undermine her (he certainly would otherwise)

2- He publicly supports her cause.

3- His attention stays on Venezuela .. I really doubt she wants a full-scale US intervention.


> Having Russia or Israel expressing support doesn't help,

Please. At least get the facts right.

It was not just Russia and Israel. It was also Cambodia, Azerbaijan, Gabon and Rwanda.


Also, the current military dictator of Pakistan, and maybe it was done as a state sponsorship, not just a personal one.


it's not often Gabon shows up to the party. Lol


[flagged]


Just yesterday the orange one called for the arrest of two state governors.

On charges of... uhhh... hm...

Because... uhhmm.. he doesn't like them?


Machado is manufacturing consent for Trump's planned invasion, so point 4 is a bit weaker than you might like. Imagine looKing at Iraq and saying "yeah, that's what I want for my country".


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