zaxvenz@lemm.ee to

News@lemmy.worldEnglish · 2 days ago

Can Donald Trump Arbitrarily Take Money from Anyone’s Bank Account?

www.rollingstone.com

157

Can Donald Trump Arbitrarily Take Money from Anyone’s Bank Account?

www.rollingstone.com

zaxvenz@lemm.ee to

News@lemmy.worldEnglish · 2 days ago

The Trump administration debited $80.5 million from New York City’s bank account, raising alarms about the reliability of the U.S. dollar.

The federal government’s debiting $80.5 million from New York City’s bank account suggests yes

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teawrecks@sopuli.xyz
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The govt has always been able to garnish wages or sieze assets, yes, which is one of the intended upsides of a decentralized crypto currency (disregarding all of the downsides).

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