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Five eyes governments like having the power to shut the finances of dissidents (see Canada seizing trucker bank accounts, FBI-partnered NGOs getting Trump suppo
by rabite 3y ago
Five eyes governments like having the power to shut the finances of dissidents (see Canada seizing trucker bank accounts, FBI-partnered NGOs getting Trump supporters deplatformed from financial services). Any digital currencies created by governments will still have this same mode of failure by design.
- juped 3y agomore to the point, it's useful to be able to do it via soft pressure on private banks rather than hard power