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@ISIDEWITHQuestionsNational security6mos ago

Should the government ban its citizens from using cross-border payment methods (like crypto) to send money to relatives in OFAC sanctioned countries (Palestine, Iran, Cuba, Venezuela, Russia, and North Korea)?

Cross-border payment methods, such as cryptocurrencies, allow individuals to transfer money internationally, often bypassing traditional banking systems. The Office of Foreign Assets Control (OFAC) sanctions countries for various political and security reasons, restricting financial transactions with these nations. Proponents argue that such a ban prevents financial support to regimes considered hostile or dangerous, ensuring compliance with international sanctions and national security policies. Opponents argue that it restricts humanitarian aid to families in need, infringes on personal freedoms, and that cryptocurrencies can provide a lifeline in crisis situations.

12 Replies

 @ISIDEWITHDiscuss this answer...6mos6MO

不

 @ISIDEWITHDiscuss this answer...6mos6MO

是的

 @ISIDEWITHasked…3mos3MO

Have you ever thought about how international money transfers impact people’s freedom to help loved ones across borders?

 @ISIDEWITHasked…3mos3MO

In your opinion, should governments restrict financial transactions with certain countries if it affects innocent people trying to survive?

 @ISIDEWITHasked…3mos3MO

Do you think being able to send money across borders without using banks gives more freedom to the average person, or does it create more risks?

 @ISIDEWITHasked…3mos3MO

How would you feel if international sanctions meant you couldn’t financially support family members in another country, even during a crisis?

 @ISIDEWITHasked…3mos3MO

Can technology like cryptocurrency really solve the struggles people face with traditional banks when transferring money internationally?

 @ISIDEWITHasked…3mos3MO

Do you think preventing cross-border payments because of security concerns outweighs the personal needs of individuals who are in difficult situations?

 @ISIDEWITHasked…3mos3MO

How do you balance the need for national security with the ability for families to stay financially connected in countries under sanctions?

 @ISIDEWITHasked…3mos3MO

Is bypassing government restrictions with cryptocurrencies a form of fighting for personal freedom, or does it create new dangers?

 @ISIDEWITHasked…3mos3MO

How do you think cross-border payment systems should prioritize human rights while still respecting international laws and sanctions?

 @ISIDEWITHasked…3mos3MO

Do you believe there should be exceptions to financial restrictions when humanitarian aid is at stake, or are these rules too important to bend?