Why aren’t payment processors required to be neutral like internet providers and telecoms? You just process a payment between two consenting parties for legal goods and services. Why should you get to restrict the types of goods and services that pass through you?
They own enough politicians to keep any possible change under committee review indefinitely. IF we did pass a law they also own enough judges that it would die in a shadow docket. I love oligarchy, basically anything broken is broken because some rich ass hole is paying for it to be kept that way.
Probably vastages from times where they just started and had to fight regular banking cartels trying to link them to crime, as they themselves do with crypto.
I doubt it. This weird prudishness seems to be new. I can see them being dodgy about processing payments for weed stores as it’s still illegal federally. But they’re not acting like this has anything to do with the law. Restricting games sales in Steam that includes adult material, and kickstarter contributions for Adult projects had nothing to do with crime. And it’s no coincidence that it’s happening at the same time that states and some countries are requiring invasive data collection for age verification for visiting adult websites. There is a concerted political right wing effort to push prudish restrictions on everyone by any means possible.
Why aren’t payment processors required to be neutral like internet providers and telecoms? You just process a payment between two consenting parties for legal goods and services. Why should you get to restrict the types of goods and services that pass through you?
Agree 100%. Payment providers should be classified as common carriers, prohibited from discriminating against any legal business or product.
They own enough politicians to keep any possible change under committee review indefinitely. IF we did pass a law they also own enough judges that it would die in a shadow docket. I love oligarchy, basically anything broken is broken because some rich ass hole is paying for it to be kept that way.
Probably vastages from times where they just started and had to fight regular banking cartels trying to link them to crime, as they themselves do with crypto.
I doubt it. This weird prudishness seems to be new. I can see them being dodgy about processing payments for weed stores as it’s still illegal federally. But they’re not acting like this has anything to do with the law. Restricting games sales in Steam that includes adult material, and kickstarter contributions for Adult projects had nothing to do with crime. And it’s no coincidence that it’s happening at the same time that states and some countries are requiring invasive data collection for age verification for visiting adult websites. There is a concerted political right wing effort to push prudish restrictions on everyone by any means possible.