L0la L33tz on Nostr: Tech bros whining about getting debanked will never not be funny to me. Welcome, say ...
Tech bros whining about getting debanked will never not be funny to me.
Welcome, say the Millions of Americans that can't get a bank account because they were born in the wrong country, have the wrong last name, the wrong political affiliations, or just straight up not enough money to cover the exorbitant costs imposed by banks due to an ever increasing compliance regime.
The problem isn't CFPB, Elizabeth Warren or "the left" as Marc Andreesen and Nic Carter like to suggest.
The problem is that we have built a financial system that can be weaponized at will against entire groups of people, sentencing you to economic death without so much as needing to accuse you of a crime.
The Bank Secrecy Act is the most powerful tool in the US Government's arsenal to stifle dissent, and complaining about its symptoms just because you happened to end up on the wrong end of it is not going to change a system that's entire reason for existence is to circumvent the rule of law to protect its own interests against the interests of the people.
Let's see if they'll still speak out on the "injustice of the banking system" once daddy Trump has come to their rescue. My best guess is no.
Welcome, say the Millions of Americans that can't get a bank account because they were born in the wrong country, have the wrong last name, the wrong political affiliations, or just straight up not enough money to cover the exorbitant costs imposed by banks due to an ever increasing compliance regime.
The problem isn't CFPB, Elizabeth Warren or "the left" as Marc Andreesen and Nic Carter like to suggest.
The problem is that we have built a financial system that can be weaponized at will against entire groups of people, sentencing you to economic death without so much as needing to accuse you of a crime.
The Bank Secrecy Act is the most powerful tool in the US Government's arsenal to stifle dissent, and complaining about its symptoms just because you happened to end up on the wrong end of it is not going to change a system that's entire reason for existence is to circumvent the rule of law to protect its own interests against the interests of the people.
Let's see if they'll still speak out on the "injustice of the banking system" once daddy Trump has come to their rescue. My best guess is no.