My thoughts on the matter is that the US and other governments deputized financial intermediaries to perform surveillance and pre-emptive enforcement. This is

My thoughts on the matter is that the US and other governments deputized financial intermediaries to perform surveillance and pre-emptive enforcement. This is merely a convenience they’ve gotten in a coincidental electronic transfer system that required those intermediaries. They didnt have it before and they wont have it after. These governments have not been granted any additional rights over money flows and as the intermediaries become unnecessary, it will be prudent for them to remember bot to waste public resources grasping for the convenience of warrantless surveillance. Their ability to implement seamless automated anti money laundering procedures and enforcement evaporates, and they would be better off unburdening people now instead of trying to push for a right they never actually had. They’ll have to create new tools to deter and prosecute whatever behavior they are actually trying to stop.