With the amount of political pressure I've seen recently to cut off people from their income (advertiser boycotts, contacting employers directly, etc) I've wondered about money transfers and if people will start going after those companies next.
What recourse do you have if banks refuse to take your money? If credit card companies refuse to give you a line of credit? I don't know much about that level of infrastructure but it definitely seems ripe for abuse in this way. I don't know what laws govern this and it concerns me how the current system is set up that through activist pressure that people might not be able to sustain themselves for opinions that are declared outside the Overton window.
There are a number of options for people who have to or need to go bankless. Look around in any poor/immigrant neighborhood and you'll see ads for "currency exchanges" that act like banks, pre-paid charge cards, and companies willing to give all kinds of loans as long as they can verify employment or hold your car title.
It's not ideal, and it's very easy to get ripped off, but it's possible to live that way. Millions of people do.
What recourse do you have if banks refuse to take your money? If credit card companies refuse to give you a line of credit? I don't know much about that level of infrastructure but it definitely seems ripe for abuse in this way. I don't know what laws govern this and it concerns me how the current system is set up that through activist pressure that people might not be able to sustain themselves for opinions that are declared outside the Overton window.