Republicans are worried that the firearms industry is about to be rendered equal with the cannabis industry, the latter of which still has no legal access to the banking system due to federal discrimination.
Many who cherish the Second Amendment believe that the financial industry is poised to shut its doors to the gun industry, which is why some gun stores are making the switch to cryptocurrency.
Rob McNealy, a Second Amendment supporter, created the Universal Settlement Coin (TUSC) specifically for the gun industry. The cryptocurrency is meant to provide gun stores with a tool that will allow them to provide goods and services outside without interference from the banking industry.
“Cryptocurrencies are increasingly seen as a viable alternative for purchasing goods,” writes Tom Knighton for Free Beacon.
“They exist completely outside of the banking system, which allows stores, suppliers, and customers to make transactions that can’t be cut off by banks worried about their reputation, the primary reason given for cutting off services.”
Tesla recently announced that it will start accepting Bitcoin, joining Starbucks, Microsoft and Home Depot, all of which have done the same.
McNealy decided to create TUSC three years ago in response to the Obama regime’s “Operation Choke Point,” which increased federal scrutiny against the firearms industry.
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Operation Choke Point was put to an end during the first few months of the Trump administration, but is now potentially back on the table with China Joe ruling from the White House.
Even after Operation Choke Point was ended, many banks continued to deny services to the firearms industry due to pressure from gun control activists, which is just flat-out discrimination.
Some gun companies still in denial about risks of financial de-platforming
According to McNealy, many gun companies never could have anticipated being cut off from financial services. Some of them are now scrambling to put a contingency plan in place.
“No one thought we’d see the de-platforming we do today,” he says.
Spike Tactical, a gun manufacturer based out of Florida, was told by its bank that it had to find other services. The company was also cut off from e-commerce provider Shopify.
“I’d urge a lot of the gun companies to look at crypto,” says Cole Leleux, Spike’s CEO.
Mark Oliva, director of public affairs at the National Shooting Sports Foundation, is taking a different approach. Rather than focus on new financial systems, Oliva wants to preserve a place for the gun industry on the existing one.
“We are focused on eliminating the banking discrimination policies that were allowed to remain in place when the Biden administration ‘paused’ the Fair Access banking rule from publication,” Oliva told the Free Beacon, noting that some of the hardest hit are small gun businesses.
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Another threat against the Second Amendment is new legislation proposed by Texas Rep. Sheila Jackson Lee, a Democrat, who wants all gun owners to have to register their firearms with the federal government.
Known as the “Sabika Sheikh Firearm Licensing and Registration Act,” the legislation would turn tens of millions of Americans into felons almost overnight.
“Well, something was going to trigger the civil war,” one of our own commenters wrote. “It most certainly will be this … if nothing worse comes along sooner. A good investment would be to go long on body bag companies.”
“It’s more of a threat to non-gun-owners, as criminals could easily determine what houses can be targeted without threat of being shot,” wrote another, offering a different perspective on Lee’s bill.
More related news about threats against the gun industry can be found at SecondAmendment.news.
Sources for this article include:
Most “Conservative” News Outlets Are on the Big Tech Teat
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.
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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
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We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
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