4 ms·
False. It doesn't require smart phones. False. It doesn't require always-on internet. False. It doesn't require offline currency exchanges. Try fleeing Brazi
by siftrics 4y ago
False. It doesn't require smart phones.
False. It doesn't require always-on internet.
False. It doesn't require offline currency exchanges.
Try fleeing Brazil or Russia with significant amounts of cash. Either you cannot do it through legacy banking systems, or you cannot do it in real life with cash, or you have to pay an extortionist bribe in real life.
- dmitriid 4y ago"Not if your country is under tyrannical or authoritarian rule and disallows access to basic financial services for some arbitrary reason." became "flee Brazil or Russia with financial assets". Why is it that "we're providing basic financial services to the unwashed and huddled poor masses of the unbanked" always becomes "move large amounts of money from one jurisdiction to another without any government control look Russia Brazil" (but in reality international monetary fraud).
- siftrics 4y agoMoving large amounts of money IS basic financial services. Would you argue Jews should leave all their money behind in Nazi Germany when fleeing? By your logic, Nazi Germany should have the right to inspect and disallow the transfer. Just because it is a government making an arbitrary decision, that doesn't make it morally right.
- dmitriid 4y ago> By your logic, Nazi Germany Mmm. Godwin's Law. I haven't seen one in the wild for a loooong time.