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Replying to Avatar Lyn Alden

One day, it would be nice to see a well-capitalized challenge to the Bank Secrecy Act on 4th amendment grounds.

The Founding Fathers would be rolling in their graves if they saw that people need a license to transmit money, or that the government thinks it has the right to surveil and censor everyone’s money and transactions.

The default is privacy. To infringe on someone’s privacy should require probable cause and come with checks and balances. Ubiquitous surveillance shouldn’t be the default, since it enables tyranny.

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Hunter ₿eaṩt 1y ago

Sadly, the fiat system is secured only through surveillance and threats of violence to punish abuse

Get rid of surveillance and the banking system is no longer "secure"

If only there were a financial system that was secured by something virtuous instead of punitive

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