Banks are doing this at the behest of the gov’t.
Oh, and those sanctions and the like - what do you think they actually look like paperwork wise?
I don't know. You used the word "people", not me. If you just meant "banks", it would have been clearer to say so.
> Banks are doing this at the behest of the gov’t.
Yes. That doesn't make it right. The government should not be allowed to deny people access to money without due process either.
> You seem to be arguing that what is, isn’t?
No, I'm arguing that what is is not what should be.
> If you want to say that what is, is bad, then hey I’m not arguing against that!
Good! That wasn't clear to me from your previous post. If you agree that what is going on now is bad, then we're in agreement.
KYC and AML laws require private corporations to deny people access to essential services for arbitrary reasons, without due process. These laws are garbage.
I don't think anyone is arguing that what is, isn't. They're arguing that it shouldn't be.
But "people" cannot use that knowledge to deny access to money to other people if they don't have evidence that can stand up in court. Yet banks can. That is wrong. That is giving banks too much power without accountability. Yes, some of the entities they cut off will "deserve it", at least in your eyes; but many others won't. We already know how this plays out: it's the same every time a centralized entity wants more power. They claim it's to "protect" us against something, but it's really just to enrich them at our expense. Don't take the bait.