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If you ever needed a reason why it’s a bad idea to hold all assets in a single fiat currency. This is exactly the reason. Gov PR, media, tv, film tells you it
by xyst 2y ago
If you ever needed a reason why it’s a bad idea to hold all assets in a single fiat currency.
This is exactly the reason.
Gov PR, media, tv, film tells you it only does this to “bad” people. While that _may_ be true, it also impacts a small amount of innocent individuals caught between the crosshairs of a multibillion dollar company, their army of retained lawyers, and politics.
- Spivak 2y agoIs there any real defense you can have? Cash? No they raided their house. Other accounts? Those will be frozen too. Crypto? They'll lock you out of exchanges. What can't be seized? It seems like the only real thing you can do is have a support network.
- azemetre 2y agoAll this thread tells me is that Amazon (along with Google, Meta, and Apple) need to rightfully be sliced and diced to never again hold as much power as they do now.