03-17-2017, 01:25 PM
Boy, it sure would be bad news if the banks were given information as to what the purchase was for, not just transfer money to X Business...
Oh, wait... Didnt PayPal have something in their policy that no money would be transferred for guns / firearms?
Without Financial Privacy, every transaction is subject to approval.
That means you can be judged and transactions rejected if information about the purchase had more information in it, such as specifically what you are buying. The things they are going to deny, but are not illegal will be things such as Marijuana, Firearms, and sexually questionable items, even condoms. When this type of authority is applied to you, you now live in a Fascist State. You will be permitted (as if it is within the scope of their authority to grant or deny permission) to buy things such as orange juice, but nothing that could challenge the ultimate power of the state itself, such as guns or ammunition. This is absolute Behavioral Modification. Once you are powerless to resist their will, their encroachments into your life will continue until you are left with nothing. A government big enough to give you what ever you want is big enough to take it all away.
Now, specifically relating to this article, this startup may very easily be immediately shut down and founders jailed if the Status Quo decides that what they are doing is trying to legalize a form of "Money Laundering". Financial Privacy is not Money Laundering, its just another excuse to control your life.