Cryptocurrency designed to circumvent government and banking industries attempts to financially gut gun industry.

[Raylan]

https://freebeacon.com/guns/cryptocurrency-seeks-to-lure-firearms-companies-amid-threat-banks-will-cut-off-gun-industry/

 

McNealy created the currency three years ago in response to Operation Choke Point, an Obama administration policy which increased scrutiny on banks that did business with the firearms industry and caused many to cut ties with the industry completely. Though Operation Choke Point was ended in the first months of the Trump administration, many banks continued to deny services to the firearms industry due to pressure from gun-control activists.

McNealy said gun companies failed to anticipate the bind being cut off from financial services would put them in. "No one thought we'd see the de-platforming we do today," McNealy said.