Mastercard demands US cannabis shops stop accepting debit cards

https://lemmy.zip/post/771020

Mastercard demands US cannabis shops stop accepting debit cards - Lemmy.zip

If you think about it, do you really want a history of federal crimes recorded on your bank account…?
Yes. Context matters. I’m not scared of the words “federal crime” like you clearly are. I care which crimes were committed.

I don’t live in the US… but if at a certain time the federal government decides to go backwards and wants to charge cannabis purchasers with federal crimes then you’re ready to be served up on a platter by your bank.

The context here is payment method, not your willingness to support legal cannabis dispensers.

That would be a pretty big list of people at this point. I don’t think it would even be possible to charge all of them. It’s just unrealistic especially since it’s legal in the state. Possible but unlikely.
Agree. Which is why if the federal government decides to put a clamp down on cannabis use, they’re not going to prosecute thousands of users. Prosecuting three or four card payment processing companies and the banks they do business with would have an icy cold chilling effect and bring the industry’s cash flows to a dead stop.