

The major credit cards are essentially infrastructure, and really should not have the right to refuse to serve a lawful business.
The major credit cards are essentially infrastructure, and really should not have the right to refuse to serve a lawful business.
One benefit to payment processing for crypto is that there’s little in the way of material limitations on processing payments. The blockchain for a given coin already exists, your job as a processor is primarily to convert those on-chain transactions into and out of other currencies. Only requiring intervention at the point of entering or exiting dollars to and from the system changes a lot of the dynamics.
I truly don’t understand how Visa/MasterCard/etc can be pressured. They are basically infrastructure.
What’s someone going to do, stop using credit cards if they don’t stop a store that person doesn’t even patronize from selling morally hazardous goods?
I don’t get how these campaigns are even effective.
I think it’s good that Reddit is trying to continue to allow adult content within the legal framework in which it must operate.
I guess what I’m not clear on it is what the legal framework is for verification services. Absent rules that require robust privacy protections market forces will push a race to the bottom in terms of cost and data security will be the first to take a hit.
I know this might seem weird but I think this is one of those cases where a blockchain based smart contract might be the best solution. I’m not exactly sure, as any system that allows one to consume content generally also allows one to copy it, but having a system defined in code in a publicly auditable manner that cannot be changed without notice seems to me to have the capacity to grant the most reassurance.
I mean I assume that all the verification company is doing now is verifying a person’s age and then giving a kind of authorization token that’s cryptographically secure that basically says “the owner of this cryptographic key is of age”.
Keeping the age verifier seperate from the content host is good. Destroying the files used for verification is good. On paper it’s not too a bad system for age verification, but it really hinges on if you can trust them. Given the track record of basically almost every company and government ever…
I for one am celebrating the Trump administration’s commitment to ending US military hegemony.
Ooohh a useful response.
Cool. Would love to dee this done for all the “Smart” appliances.