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Ask HN: Have You Been Debanked?
After watching pmarca's eye opening interview this morning, I am curious to know how pervasive the debanking phenomenon is.
Did you ever have a bank account closed on you for no good apparant reason?
What are some other ways this is enforced? I know for example, the the industry in Europe maintains a list for politically exposed persons, for which there is no recourse or transparency. So if you get on that list accountants will refuse to work with you and banks will close silently, and there is no way to contest it. According to pmarca this could be an arbitrary use of power for something you do for work.