Paper Money Diehards Refuse to Fold

Re:Paper Money Diehards Refuse to Fold by lazide on Monday May 29, 2023 @07:40PM (#36119429)

Since banks are the ones who control access to money, and banks are doing it, who are these other people that you are talking about?

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?

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Re:Paper Money Diehards Refuse to Fold by pdonis on Monday May 29, 2023 @07:47PM (#36119486)

> who are these other people that you are talking about that aren’t allowed to do it?

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.

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Re:Paper Money Diehards Refuse to Fold by kelnos on Tuesday May 30, 2023 @04:53AM (#36122601)

Sanctions are a different animal. I have no problem with a government producing a court order or other legal instrument ordering that some entity be cut off from the financial system. (Certainly sometimes this is done for political reasons, rather than cases where actual harm is being done, which is unfortunate, but I don't think it's reasonable to expect to be fully able to prevent things like that.)

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.

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