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What good reasons? Kim Jung Un can send boats with gold bars. Meanwhile I can't send money without the bank asking me 'what ya gonna do with "your" money little

What good reasons? Kim Jung Un can send boats with gold bars. Meanwhile I can't send money without the bank asking me 'what ya gonna do with "your" money little friend?' Just have the money in escrow for 30 days or whatever if fraud is a concern. It is all about messing with us and showing who is in charge.

mschuster91 3y ago
> Kim Jung Un can send boats with gold bars. Which is orders of magnitude more complex than running a SWIFT transfer, which is the entire goal of the sanctions: make it as hard as possible for the sanctioned country to do anything. Everyone knows and we've seen it over the last years that it is possible to evade any sanction - hell, even over many decades like Cuba - but it is a serious incentive for any government to do as told. > Meanwhile I can't send money without the bank asking me 'what ya gonna do with "your" money little friend?' Most of that bullshit comes from the "war on drugs" and "war on sex work" which are completely different beasts than international sanctions, and I think we can agree on both of these being ripe for the scrap heap.
- rightbyte 3y ago
  NK might be a bad example on my part as it is such a strange state. I.e. I can't buy kimshi from some NK farmer. However, I believe the right to trade is more benifitial in the long term for mutual peace love and understanding etc. The states can circumvent the restrictions by being states and it hurts mainly the populace.
- nunobrito 3y ago
  SWIFT ain't the only game in town, you should know that. Plus, gold is redeemeable just about anywhere and easy/fast to exchange without need to identify yourself. You are right for reduced complexity when transferring small amounts, the situation completely inverses once you transfer +6 digits. Gold is fairly portable and simple by comparison to carry across a borders.

mschuster91 3y ago

> Kim Jung Un can send boats with gold bars. Which is orders of magnitude more complex than running a SWIFT transfer, which is the entire goal of the sanctions: make it as hard as possible for the sanctioned country to do anything. Everyone knows and we've seen it over the last years that it is possible to evade any sanction - hell, even over many decades like Cuba - but it is a serious incentive for any government to do as told. > Meanwhile I can't send money without the bank asking me 'what ya gonna do with "your" money little friend?' Most of that bullshit comes from the "war on drugs" and "war on sex work" which are completely different beasts than international sanctions, and I think we can agree on both of these being ripe for the scrap heap.

rightbyte 3y ago
NK might be a bad example on my part as it is such a strange state. I.e. I can't buy kimshi from some NK farmer. However, I believe the right to trade is more benifitial in the long term for mutual peace love and understanding etc. The states can circumvent the restrictions by being states and it hurts mainly the populace.
nunobrito 3y ago
SWIFT ain't the only game in town, you should know that. Plus, gold is redeemeable just about anywhere and easy/fast to exchange without need to identify yourself. You are right for reduced complexity when transferring small amounts, the situation completely inverses once you transfer +6 digits. Gold is fairly portable and simple by comparison to carry across a borders.