Age/race/gender/ethnicity and other legally defined protected classes are not the only possible instances of discrimination. An example is a person sending money to family in a country where there is less rule of law and they get suspected of terrorism (regardless of firm evidence), or someone selling sex services that gets dropped because a bank does not want to deal with them. Or it could just be errors in the programs and people flagging accounts and transactions.
Electronic money transfer is a vital function of modern life. It should be a constitutionally protected, inalienable right, even for anyone convicted of crimes, just like criminals are still housed and fed.
In an ideal world, would I like to see drugs or sex work decriminalized and legally transacted ?
Yes, but that is not the world we live in , most democratic elected governments have unfortunately not done that. unable to pay/receive for businesses related to them is sadly no different than any other illegal activity.
We don’t remove KYC to make these activities acceptable , we decriminalize them directly, removing KYC allows a lot of other illegitimate things we don’t want as well
Electronic or paper transfer is vital function of legal life, Monetary supply and regulation is core function of a government and it is under no obligation to support illegal activities.
Electronic money transfer is a vital function of modern life. It should be a constitutionally protected, inalienable right, even for anyone convicted of crimes, just like criminals are still housed and fed.