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> we gave payment processors the responsibility of policing for crime and terrorism Mirrors what Marc Andreessen said on Lex's podcast. The problem isn’t just
by schappim 1y ago
> we gave payment processors the responsibility of policing for crime and terrorism
Mirrors what Marc Andreessen said on Lex's podcast.
The problem isn’t just regulatory overreach, it’s delegated enforcement w/out accountability.
Financial institutions are now playing judge and jury, not because they want to, but because the cost of scrutiny or punishment is too high.
It’s soft censorship by infrastructure...