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The reality is sometimes that regulators kick the door in for banks financially including legal stuff: Operation Choke Point [1] The consequence of abolishing
by lixtra 4y ago
The reality is sometimes that regulators kick the door in for banks financially including legal stuff:
Operation Choke Point [1]
The consequence of abolishing cash seems to be total financial control and that is a bit like arming the police: of course you might need military equipment for fighting a cartel.
But applying it to daily operation is very cruel to parts of society.
[1] https://en.m.wikipedia.org/wiki/Operation_Choke_Point https://en.m.wikipedia.org/wiki/Operation_Choke_Point
- miracle2k 4y agoVisa and Mastercard were pressured into cutting of Pornhub ads literally yesterday. There needs to be a statuary right to be serviced by the banking system. This is in addition to escape valves such as cash and crypto.
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