[intalentive]

>consumers do need banks

We need banking services like accounts and transactions but there’s no good reason that couldn’t be operated as a public utility.

[_heimdall]

I'm strongly opposed to the idea of citizens using government-run banks accounts. The Soviets did this and proved how easy it is for the government to control what people buy, down to the individual level a la social credit scores.

Even if the government today were to wield that power safely its simply too much risk to load that gun and hand it to all future administrations.