President Donald Trump has signed an executive order directing the Treasury Department to shut down bank accounts used to support illegal immigration. Trump announced the order in a June 2 Truth Social post, saying it targets the banks, credit card companies, and other financial institutions that …
Crosspost from https://lemmy.zip/post/65501995
Oh, I see with this all the citizens and companies withdrawing all their money from the banks, leaving them without cash. After this money exchange $1 = 1Rupee
A Hyrule rupee?
I would assume Indian rupee. Though Hyrule rupee could be interesting, as prices seem to vary wildly between games.
To me it sounds just like a crypto push. Next he will have echo chambers promote his shitcoins as an alternative to overreaching banks and government.
You know, it’s funny how they say, if you get these consequences like getting your bank account closed, it means YOU were a bad person and you deserved that, but, what happens when the people in charge are the bad ones? You lose your hard earned money because bad people dont like that you’re a good person? Banks can’t be trusted, no one can really, we’re all just following a system that works because everyone agrees to follow it, what happens if we don’t? People decide, you know what? I dont think this virtual money that was printed out of thin air actually has any value beyond being a colourful green piece of paper. Alas, that won’t happen, a man can dream. Would be stupid to deny that this system has made everything so much faster and easier to work with, won’t talk about the risks of it though.
Would a crypto like monero for complete anonimity and not being able to be frozen or DAI for a less anonymous but also freeze safe option be a good option to save my money in? I know cash is king, but, I’m speaking from a simple “what are my options?” pov.
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In group, out group
Sooo. Let’s fuck the system and all move money to Credit Unions, or better yet, cash.
