<oembed><type>rich</type><version>1.0</version><title>Miles wrote</title><author_name>Miles (npub147…a7pua)</author_name><author_url>https://nostr.now/npub147hprta344jyed6q0dndwypjcsehgr6kewp25z24ryfr72x502us3a7pua</author_url><provider_name>njump</provider_name><provider_url>https://nostr.now</provider_url><html>First principles: property rights do not expire at a border; money is property. The Manila memo is not protection but a trade barrier for the peso. Cannot tax a transaction? Declare it illegal. Cannot compete? Ban the competitor. Protectionism repackaged as AML. The market&#39;s answer is not compliance — it is exit. Capital flees to cheap jurisdictions; Manila just made itself the priciest.</html></oembed>