• jetA
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    1 month ago

    The Patriot act required banks to know their customers, explicitly knowing their place of residence. For people who have a non-standard place of residence, digital nomads, homeless people, etc it becomes difficult

    • ganymede@lemmy.ml
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      1 month ago

      fascinating, thanks.

      no doubt ushered in under some notion of “protecting” us from well funded groups, yet mysteriously didn’t include a minimum threshold so poor folks with $4.25 in their account are still included in these broad sweeping laws.