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I think nobody tried because there was simply no need. Now that killing financial access is used as a political tool in domestic and international conflicts, re
by raxxorrax 5y ago
I think nobody tried because there was simply no need. Now that killing financial access is used as a political tool in domestic and international conflicts, redundant lines could be established. Doesn't work in the short term of course.
- immibis 5y agoAs long as such sanctions are only being used against dictatorships that deliberately commit mass murder, I don't think there will be very much motivation to replace it.
- raxxorrax 5y agoAny country could be accused by that, it is the nature of politics. The US has gained access to transaction data with the threat of sanctions against Swift. While banks are naturally very forward with compliance, there might be interest in having redundant channels. Would also benefit the privacy of users.