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Beyond mistakes - consider political persecution. Have an unpopular opinion about the current governing political party? One click later a bank account might e
by jackhack 11y ago
Beyond mistakes - consider political persecution.
Have an unpopular opinion about the current governing political party? One click later a bank account might experience a "technical difficulty." Named to an unofficial secret list of troublemakers (e.g. "no fly list") by a faceless bureaucrat? ditto.
This applies not only to individuals but also to corporations. The ability to freeze (or "disappear") a corporation's finances with a keystroke could be a powerful political weapon.
From Apple to the EFF to Amnesty International... and the faces that represent them, this could open an entirely new political warfront.
- atemerev 11y agoExactly, and already happening in China. Bank secrecy was here for a reason.