this post was submitted on 05 May 2024
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[–] [email protected] 4 points 6 months ago (1 children)

Nobody is doing that now, with regular money, either.

I think it's more for ACH between banks as well as some banks have limits. Also, a government literally stepped in to actively block people's accounts. Just because you can swipe your card and buy a soda, doesn't mean there aren't restrictions or people being blocked.

Deputy Prime Minister Chrystia Freeland said Thursday financial institutions have moved quickly to freeze the accounts of people linked to the demonstrations in Ottawa, leaving an unknown number of protesters in financial limbo

https://www.cbc.ca/news/politics/ottawa-protests-frozen-bank-accounts-1.6355396

[–] [email protected] 1 points 6 months ago (1 children)

Well that's scary. Luckily I live nowhere near that part of the world.

But even if I have a server, I'll have to have my own separate Internet if I really want to be able to pay unrestrictedly. Otherwise the government would just shut down my internet connection, right?

[–] [email protected] 3 points 6 months ago (1 children)

But even if I have a server, I'll have to have my own separate Internet if I really want to be able to pay unrestrictedly.

Separate Internet? I mean, yes, you do need Internet. Not sure what you mean by "separate." And you don't need a server (node), though they are handy for privacy. You could choose one that is reputable.

Otherwise the government would just shut down my internet connection, right?

If they knew where it/your Internet was. All you really need is your phone or PC. You could use a cafe or library or cell tower or etc.

[–] [email protected] 1 points 6 months ago (1 children)

What I mean by separate Internet is a connection to other computers so I can make payments, where said connection isn't able to be controlled by the government.

[–] [email protected] 0 points 6 months ago

Yes, you need an Internet connection at some point. This can be a cafe, a library, an office, your house, friend's house, etc. As for controlled by the government, well, that depends on your country.

Worst case, if possible, you can move countries. I understand that might not be feasible, but my point is, you can move countries to escape the government and Internet restrictions. But the government locks your account/bank? Moving countries doesn't fix that, and you're locked out of any money you had there.