Some people are pushing the idea that the recent surge in privacy‑coin prices is directly tied to the 🇪🇺 EU’s new fiscal‑transparency rules coming into effect. If we take these arguments at face value, it would imply that investors would rather watch their portfolios drop 80–90% during the next market crash, as they almost always do, than pay roughly 20% tax on actual realized gains. That logic doesn’t hold up. So don’t buy into every storyline that circulates. What we’re seeing is far more likely a classic pump‑and‑dump scheme or a large‑scale offloading of funds linked to past hacks, rather than any meaningful reaction to regulation.