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A lot of that was due to government "suggestion": https://en.wikipedia.org/wiki/Operation_Choke_Point https://en.wikipedia.org/wiki/Operation_Choke_Point
by louloulou 6y ago
A lot of that was due to government "suggestion": https://en.wikipedia.org/wiki/Operation_Choke_Point https://en.wikipedia.org/wiki/Operation_Choke_Point
- vladvasiliu 6y agoThat's interesting. As I commented elsewhere on the thread, I'm not sure why people think that with a central bank digital currency the retail banking and payment processor sectors would be shut down, or at the least that it would be possible to easily circumvent them. I think they will continue the way they do today, but instead of trading in "paper" tokens they will trade in digital ones. Which, what with the fractional reserve and all, shouldn't be all that different. So they could continue with their current kind of policies, like "we won't do business with people / companies we consider undesirable".