JackTheMimic on Nostr: Okay. So the smuggled assumptions and conflation of "old people getting scammed" to ...

Okay. So the smuggled assumptions and conflation of "old people getting scammed" to people getting their accounts closed because they are politically unpalatable is gross. This is that thing people do when they know little factoids then apply them at scale where they don't apply. AML requirements do often outline MSBs as high risk (nice little factoid). The point is they are using MSB as a cover for denial. The same way someone kicks a black kid out of his store because he doesn't like his race but uses "soliciting" as a pretense because he asked another patron for a dollar to cover the gumball.

This is the same with all regulatory classifications surrounding crypto. They just offhandedly announce "you are frauds." When asked how the bank cites AML guidelines around MSBs. It's all nonsense because no one understands what money is and they assume people with a lot of dollars must.

Political debanking is real and not at all like the juxtaposition of divorce and asking for a date. It's first of all a public accommodation not a person. Secondly the person you "asked on a date" have a mandate to "go on a date" with anyone from the public who has a need for their services. The risk deleveraging argument is just political cover to deny people you don't like. It's like the "you know a tomato is technically a fruit" BS in monetary form.