Also let's keep in mind that ratcheting up payments regulation isn't just a matter of govt vs libertarians, it can result in shit like this.
I know @melissagira has been super critical of the idea that sex workers would use bitcoin but this is what third-rail alt payments are for.
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I doubt the law actually requires WePay to cut off Eden Alexander but SOMEONE gave them the idea that it does.
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@sarahjeong could be an overly cautious compliance officer at WePay or at its bank; or an examiner warning said bank about "reputation risk" -
@sarahjeong@MarcHochstein still, tho, cf their founding MO: http://techcrunch.com/2010/10/26/wepay-ice-paypal/ … -
@peteyreplies@MarcHochstein Yeah, I know, but they’re still breathing in a really shitty regulatory atmosphere. Never Trust Any Chokepoint -
@sarahjeong@MarcHochstein sure (& cf your point wrt BTC). I'm just shocked; I know some of the team, & how seriously they took that stunt
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@sarahjeong I know, I was wondering – what's the potential choke point (lol, ugh) there for objection? When you turn crypto into cash? -
@melissagira@sarahjeong wouldn't the liquidity (assuming BC as a good) be an issue in itself? Regardless of converters' moral policy -
@Basic_Chunnel@melissagira that’s why you have to think of it as a third rail instead of a replacement system
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@sarahjeong Conflating street prostitution with all sex work contributes to the problem - SWs frequently first to try new tech@melissagira -
@abditum@sarahjeong tbh, I don't split hairs. You won't get good ToS by saying "no no, only nice indoor porn-making SW will use this."
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@sarahjeong and of all biz, I'd think porn could go for it, only it has to be dead simple for someone to impulse-purchase.Merci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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