3 ms·
Those people are mostly hypocrites. Your complaint would be solved with less gray area. Businesses outside of the US should be able to do business with US cit
by robswc 3y ago
Those people are mostly hypocrites.
Your complaint would be solved with less gray area.
Businesses outside of the US should be able to do business with US citizens _without_ the consent of the US government. This comes with the caveat that if you, the customer, reject the "protection" of the US government, you are completely and totally SOL if things go south.
- bombcar 3y agoTime and time again this just results in people complaining to the government to "fix" it once their get rich quick scheme blows up in their face.
- robswc 3y agoBecause time and time again the government does. While hypocritical its a perfectly logical step to take because it has proven success.
- ebiester 3y agoThe hard part is that US citizens may not know they are doing business outside the jurisdiction of the US government. Are you rejecting the protection of the US government if the company is doing its best to obscure that fact and the associated risks? How about if they are advertising in the US? On the superbowl?
- robswc 3y agoIf they're putting life changing amounts of money into a company they should be doing a modicum of research on it. If someone gives $100k to a Nigerian prince, I don't think the US government should be spending thousands of dollars of resources on attempting to recover that money. US citizens have never implicitly been allowed on these off-shore exchanges. You have to deliberately circumvent and lie to get an account.