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> everything to do with the fact that only fraudulent lenders will lend to non-creditworthy people. Exactly, another thing that happens is that the ways money

> everything to do with the fact that only fraudulent lenders will lend to non-creditworthy people. Exactly, another thing that happens is that the ways money is exchanged for black markets[0] is also the way terrorists and tax evaders would use. So, we share the same "highway" and get classified as such. But we aren't terrorists or tax evaders, we just need to make our lives less expensive. -- [0]: https://news.ycombinator.com/item?id=33967480 https://news.ycombinator.com/item?id=33967480

jacquesm 4y ago
> But we aren't terrorists or tax evaders You aren't but you can bet that plenty of people even if they were not terrorists definitely were evading taxes by using these services, or at a minimum worsening the strength of the local currency. If enough people do that then the effect can be so strong that you end up leaving yourself no alternative. Obviously, a stable currency requires all parties to believe in it, and this is the first problem that any competent government would have to address.
- ivanmontillam 4y ago
  > definitely were evading taxes by using these services, I'm not condoning tax evasion, but in South America if you are on tax evasion and you're not wealthy then you evade taxes by ideological reasons. As a South American citizen, you'd evade taxes for: 1) Choking the government, one cent at a time. 2) If you know the Treasury Dept. of the Local Govt. is going to be looted anyway by corrupt politicians, then why pay taxes? (the most common one). It's very easy to loot the government, just bribe the Purchases Manager of any Govt. institution and pave your way to the local top elite.
  - ethanbond 4y ago
    And all of this is supposed to be an argument for the US not to enforce its laws against institutions that enable such activity?
    - ivanmontillam 4y ago
      I'm not saying that they shouldn't do it. I'm only exposing its consequences.

jacquesm 4y ago

> But we aren't terrorists or tax evaders You aren't but you can bet that plenty of people even if they were not terrorists definitely were evading taxes by using these services, or at a minimum worsening the strength of the local currency. If enough people do that then the effect can be so strong that you end up leaving yourself no alternative. Obviously, a stable currency requires all parties to believe in it, and this is the first problem that any competent government would have to address.

ivanmontillam 4y ago
> definitely were evading taxes by using these services, I'm not condoning tax evasion, but in South America if you are on tax evasion and you're not wealthy then you evade taxes by ideological reasons. As a South American citizen, you'd evade taxes for: 1) Choking the government, one cent at a time. 2) If you know the Treasury Dept. of the Local Govt. is going to be looted anyway by corrupt politicians, then why pay taxes? (the most common one). It's very easy to loot the government, just bribe the Purchases Manager of any Govt. institution and pave your way to the local top elite.
- ethanbond 4y ago
  And all of this is supposed to be an argument for the US not to enforce its laws against institutions that enable such activity?
  - ivanmontillam 4y ago
    I'm not saying that they shouldn't do it. I'm only exposing its consequences.