The debanking of #PEPs. Of what? Not protesting farmers who saw their bank accounts frozen. No, allegedly next level, says Marc Andreessen of Andreessen Horowitz on the Joe Rogan Experience. Andreessen points to the designation of individuals as “Politically Exposed Persons” (PEPs) as a mechanism for this exclusion, suggesting that regulatory pressures compel banks to sever ties with certain clients. Andreessen points to over 30 tech and crypto founders have been “debanked”—their access to banking services revoked—due to their political views or industry affiliations. Andreessen explains how this practice echoes concerns from the Obama-era “Operation Choke Point,” where financial services were allegedly withdrawn from legally operating businesses deemed unfavorable. Critics argue that such actions represent a form of financial censorship, where individuals and businesses are penalized not through legal proceedings but via economic means. More in my owned and uncensored med...