3 ms·
> the ability to cut anyone from the respective financial system not only that, but to sniff out those with whom they transacted. This causes a chilling effect
by chii 2y ago
> the ability to cut anyone from the respective financial system
not only that, but to sniff out those with whom they transacted. This causes a chilling effect, because secondary sanctions cause just as much harm.
It's also why i am against removal of cash based, anonymous transactions. It is needed, so that the state cannot cut off citizens at their whim.