Banks hide behind their machine learning/AI algorithms to debank people and small businesses they don't like (reputational risk). Banks also use such tools to d

Banks hide behind their machine learning/AI algorithms to debank people and small businesses they don't like (reputational risk). Banks also use such tools to debank people and businesses in the name of derisking, because their tools flag so. That's why cash is important in the society; otherwise, you would be forced out of the society by going cashless. Governments (worst offenders being the Western ones) across the world have forced private parties to do the dirty work for them without any due process.