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The government already has that power - there are lists of people that banks aren't allowed to do business with, because the government says so.
by oh_sigh 5y ago
The government already has that power - there are lists of people that banks aren't allowed to do business with, because the government says so.
- mythrwy 5y agoNot nearly to the extent directly controlling all transactions would give them. Not even close. What you are talking about is things like sanctioning foreign firms or individuals. Yes, the IRS could also come after your bank accounts but it takes some work and isn't suitable for mass population control. This is and that's unacceptable.