3 ms·
>This isn't true. >Firstly in a totalitarian state they can already freeze your assets at will. I see this a problematic because now non-totalitarian states wi
by callmeal 5y ago
>This isn't true.
>Firstly in a totalitarian state they can already freeze your assets at will.
I see this a problematic because now non-totalitarian states will have that power. And it will give them an ability to go "oops we made a mistake and shouldn't have frozen your assets".
And don't forget about all the asset-forfeiture laws that are still on the books. I can imagine police departments all over the country salivating at the ability to grab whatever they want at a routine traffic stop.
"Can't explain how you have that much money in your account? Well, we'll just grab it and sue the money, and you can get it back if the court determines it's yours."