Line by line:

This would basically kill all financial activity, even mom and pops who are, ya know, incorporated.

Guilty until proven innocent? We going there?

This part will never get corrupted. 🙄 It’s still workable and better than nothing!

Oh I like this part. Not seeing any downsides.

Victims generally are compensated. The main issue here is state and federal laws limiting damages using outdated thinking and/or static dollar amounts.

Again, we already do this, but it seems too many slide anyway.