You're right about that - far better to spread your hard-earned and sleep nights!
You say "Banks and the government seem to be making illogical decisions all the time" but from their PoV it's all about knowing what we're all doing with our money and where it's being stashed.
Over the years, billions of £, $ or whatever have been hidden away by people "evading" tax and the various governments want to stop that. NOT a conspiracy theory, but they have the technology and willingness to do so - the various changes in laws show that to be true. Unfortunately thanks to the billionaires evading taxes, these rules catch us little people trying to legally avoid taxes in the same net!
Why, I once went into a high street bank in UK and asked them to change a £50 note for me. They refused, citing "money laundering" because I didn't have an account with that bank!
Nobody said it was fair! 🤬
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