DOJ Can Freeze Your Bank Accounts and You Have No Say
2 years ago
9
A guy woke one morning to discover that hus not only hus credit cards but his entire bank account which had had about 500k in it was at zero dollars and it was frozen. The bank wasn't allowed to tell him anything for 2 weeks, then directed him to the DOJ.
THIS IS WHY A CENTRAL BANK (ALL-)DIGITAL CURRENCY (CBDC) IS SUCH A BAD IDEA! If it's ALL digital, it can be zapped in a split second.
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