A prelude to CBDC's or whatever they are going to call it?
"The DWP has clarified how new powers to directly take funds from benefit claimants' bank accounts will be used. New measures coming into law will allow investigators to directly deduct an amount from a person's bank account if they owe funds."
p.s. this is in the uk.
Terms of service on every bank account I've ever seen is that when you deposit money in a bank it's their money. They agree to pay you back.
Thanks!
True, big subject!
https://ecency.com/hive-192018/@chrisyt1/money-as-debt?referral=chrisyt1
and the one before, or maybe after