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You may have seen me discussing Operation Choke Point in recent articles. To cover the the history and fallout of this scandal, I sat down with @ismurray for @OnTheBrinkCIV. Very important episode https://onthebrink-podcast.com/ocp-murray/
Choke Point was an extrajudicial move by the DoJ and FDIC between 2012-15 to exclude entire classes of legitimate businesses from bank relationships. It's a classic example of bank politicization
Iain's history of the affair is well worth reading:
https://www.cei.org/wp-content/uploads/2014/08/Iain-Murray-Operation-Choke-Point.pdf
Iain's history of the affair is well worth reading:
https://www.cei.org/wp-content/uploads/2014/08/Iain-Murray-Operation-Choke-Point.pdf
Iain contends that Choke Point never really ended, but that it merely went underground as banks and payment processors internalized the guidance – chilling effects. Every crypto entrepreneur knows what it's like to be excluded from bank relationships.
Every bitcoiner should be familiar with the scandal as it demonstrates how the banking system can be subverted for nakedly political aims. Great episode with a real subject matter expert. https://onthebrink-podcast.com/ocp-murray/
