[zb1plus]

What can be done as an ordinary people to abolish this system? I firmly believe these types of systems are gross violations of the 1st amendment

[jgilias]

As the Nobel laureate, economist F.A. Hayek said in 1984 - take the money out of the hands of the government using some sly or roundabout way.

[matheusmoreira]

There's no hope of ever abolishing such a thing. Our only hope is to subvert it with technology. Cryptocurrency and self-custody. Monero seems like the best option.

[astrange]

There isn't a 1st amendment for international banking; that's what international means.

There also isn't a banking system without abuse prevention, and there can never be a way to write down the abuse prevention rules, or else they wouldn't work.

[Ridj48dhsnsh]

One could argue that cryptocurrencies solve these issues (while creating some of their own).

[astrange]

Oh, they've got the same abuse problems, especially if you try to start a company over them. In fact, with flash loans they managed to invent all new kinds of them!