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Restricting banking to unvaxxed is coming eventually

Posted on 9/10/21 at 7:11 am
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25406 posts
Posted on 9/10/21 at 7:11 am
The federal govt will remove FDIC accreditation from any bank that does not enforce vaxxing of account holders.
Posted by East Coast Band
Member since Nov 2010
62717 posts
Posted on 9/10/21 at 7:12 am to
Don't give them any more ideas.
Posted by Joecornbreadbrown
Member since Aug 2021
585 posts
Posted on 9/10/21 at 7:12 am to
No shite
Posted by JasonMason
Memphis
Member since Jun 2009
4653 posts
Posted on 9/10/21 at 7:12 am to
Well that's certainly a way to increase adoption of crypto.
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25406 posts
Posted on 9/10/21 at 7:15 am to
How many daily transactions can you perform with crypto?
Posted by OccamsStubble
Member since Aug 2019
4915 posts
Posted on 9/10/21 at 7:31 am to
Banks hold very little money. For each $1000 dollars in deposit, they turn around and loan out $980.

What happens when 30% of depositors say “OK, if that’s your position, please hand me my money and I’ll be on my way” ?
Posted by Samso
nyc
Member since Jun 2013
4725 posts
Posted on 9/10/21 at 7:32 am to
They can’t do this because it would cause a bank run most likely
Posted by LSUfan20005
Member since Sep 2012
8807 posts
Posted on 9/10/21 at 7:34 am to
Crypto is just one of the gateways to social credit system anyway.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123769 posts
Posted on 9/10/21 at 7:35 am to
quote:

The federal govt will remove FDIC accreditation
That would be quite a trick.
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25406 posts
Posted on 9/10/21 at 7:37 am to
Y’all said this about mask mandates, shutting down the economy and vaccine mandates. Why do y’all continue to think the federal govt has reasoning? They want one thing and that’s total control of you
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25406 posts
Posted on 9/10/21 at 10:40 am to
They can freeze accounts
Posted by teke184
Zachary, LA
Member since Jan 2007
94780 posts
Posted on 9/10/21 at 10:43 am to
quote:

They can freeze accounts


Yeah, they can do that.

And when people start losing their fricking shite over an inability to buy groceries because the bank freezes their account, we're going to end up with things far worse than Covid happening.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123769 posts
Posted on 9/10/21 at 10:45 am to
quote:

Restricting banking to unvaxxed is coming eventually
They can freeze accounts
That would be quite a trick as well. It's better to keep "what they can do" realistic, so you don't come off as falsely crying "Wolf!" when the wolf actually comes.
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25406 posts
Posted on 9/10/21 at 10:47 am to
Are you saying a bank cant freeze transactions right now?
Posted by Taxing Authority
Houston
Member since Feb 2010
57074 posts
Posted on 9/10/21 at 10:49 am to
That's f*cking mark of the beast territory. As Rush used to say "it's getting harder and harder not to feel like a kook."
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123769 posts
Posted on 9/10/21 at 10:50 am to
quote:

Are you saying a bank cant freeze transactions right now?
No. I'm not saying a person can't be jailed or executed either. Both occur.
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25406 posts
Posted on 9/10/21 at 10:51 am to
So what are you saying then?
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