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Originally Posted by woj
of course there would be some work arounds, but thinking that all that would need to happen is to "bounce wires through some South American nation" is a fantasy too...
do you grasp the volume of it? it's millions of people in the US sending to millions of people in Mexico... generating 100s of millions of transactions per year... setting up and operating such an operation without getting caught would be pretty damn difficult... certainly beyond the scope of some low lives whose main expertise is drug dealing...
and I think you are mistaken about the impact... imagine Cruz comes out and says "we need to choke off the porn industry, we'll do that by banning credit card transactions on porn sites"... how do you think that would play out? Would porn industry be completely fucked? or do you think some work around like bitcoins would be realistic?
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No matter how you try to make it sound like a good idea, it just creates a black market and puts massive amounts of money into the black market. In that area of the world the cartels would dominant that market.
It's the same fucking dumbass idea as with Republicans trying to ban abortions. It doesn't stop them, it just pushes people into back alleys and puts people's lives in danger.
Republicans are always trying to make mountains out of mole hills..