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This was the entirely predictable result of regulations on financial institutions that have become more and more idiotic. Imagine if we had decided to fight dru
by SJoelKatz 9y ago
This was the entirely predictable result of regulations on financial institutions that have become more and more idiotic. Imagine if we had decided to fight drug dealers and terrorism by prohibiting any restaurant or grocery store from knowingly selling food to drug dealers and terrorists. We would see this same nonsense with food that we see with finance.
If we're going to fight drug dealers and terrorists, it shouldn't be by trying to push them to the fringes of our financial system, it should be putting them in jail.
https://steemit.com/politics/@joelkatz/the-war-on-cash https://steemit.com/politics/@joelkatz/the-war-on-cash