http://reason.com/blog/2014/04/28/doj-operation-chokepoint-and-porn-starshttps://www.youtube.com/watch?v=LQAhWtwnuvY"the DOJ and its allies are going after legal but subjectively undesirable business ventures by pressuring banks to terminate their bank accounts or refuse their business. The very premise is clearly chilling—the DOJ is coercing private businesses in an attempt to centrally engineer the American marketplace based on it's own politically biased moral judgements. Targeted business categories so far have included payday lenders, ammunition sales, dating services, purveyors of drug paraphernalia, and online gambling sites."
These
Legal businesses are being shutout of the global marketplace and forced to find alternative means of accepting payments due to capricious and arbitrary "
moral" judgements. They
aren't even doing so with the will of the people through a referendum or legislation but rooting out the small behaviors while leaving larger corporations untouched in the same business.
Run a large casino or state lottery.... you are fine; small online casino....Shutdown that competition!
Large bank giving out loans.... fine; small payday loans startup wanting to offer better deals than established payday sharks .... nope!
Large porn Company...fine; Porn actress with personal website...Account shutdown!
ect.....
This is why Bitcoin must remain free and regulated only by the code and mathematics.
