51–60 of 348 posts
>Merchants offering file-sharing programs or access to newsgroup services must monitor for and prevent access to illegal content.
https://www.paypal.com/selfhelp/article/FAQ1116/?country.x=J...
I don't think they need regulation. I think they need to carry on like they are for a few more years so I can watch them be eaten alive by crypto currencies and other fintech innovations.
eaten alive by crypto currencies I worry about your perception of how the world outside of techy people works.
I wonder why Douglas Crockford, a brilliant man, still works there (other than obviously well compensated time).
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And if a EU company were to break the law and send personal data outside the EU, they'd be shut down in a heartbeat too.
Unfortunately not. Are there any examples for this? I din't see any.
This is very recent (June) and I expect more of this in the future. So it is a real threat especially to smaller companies.
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I wonder. It is a bit worrying that DropBox accepts PayPal.
Dropbox is a US based company, is not bound by EU data protection law, the Charter of Fundamental Rights of the EU (basically the EU's Bill of Rights), and additionally the US Constitutional ban on warrentless searches does not apply to EU citizens in EU.
Source: I'm a paying Dropbox customer living in the UK and my invoices are issued by Dropbox Ireland Limited.
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Barclays and Natwest in the UK will allow you to send money to anyone with an email address. Can't speak for other banks, though. But all banks will transfer money if you have a recipient account number and sort code.
And it's quick. I can send money between two different UK bank accounts, using sort code and account number, and it appears in the recipient's account within about half an hour. In Europe (Germany and Austria from my experience), many online services specifically support bank transfers using an IBAN number. It does seem to take a little longer though for the money to process.
> PayPal has demanded that we monitor data traffic as well as all our customers’ files for illegal content. They have also asked us to provide them with detailed statistics about the files types of our customers sync and share on https://app.seafile.de That's a pretty big WTF right there. I know PayPal has a on overall pretty scummy reputation, but I still I cannot imagine PayPal doing this because they themselves th…
You may have not realised but banks and any financial institutions have been deputised by the regulators to be the financial police. They need to ensure that none of their client use financial services to commit crimes or launder the proceeds of a crime, under the penalty of heavy (up to multi billions) fines. Particularly in the US.
I am pretty sure this is what is forcing paypal to do this. And also why I wish good luck to startups who think they will disrupt this massively over regulated industry.
I don't think they need regulation. I think they need to carry on like they are for a few more years so I can watch them be eaten alive by crypto currencies and other fintech innovations.
eaten alive by crypto currencies I worry about your perception of how the world outside of techy people works.
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Dropbox has been known to search users' data for files matching md5 sums someone claims they own, such as movies or known illegal photos. http://www.extremetech.com/computing/179495-how-dropbox-know...
There should be a feature in torrent clients which add some random bytes to videos when downloading them without braking the video itself so md5 checks would be useless for illegal content downloads
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What are the alternatives in Europe that make Paypal not needed? Genuinely curious, not saying you're wrong by any means.
Germany: SEPA direct debit, sofortueberweisung.de, giropay, and if you're willing to put up with PCI compliance bullshit, credit cards. All three are vastly cheaper than PP, too.
File sharing services are listed as requiring pre-approval, so Seafile should've sent them an email before accepting it as payment: https://www.paypal.com/us/webapps/mpp/ua/acceptableuse-full They're well within their rights to decline your business. If a bank told the government, "We have no absolutely no idea what our customers are doing with their money or who they're sending it to. Maybe they're sending it to ter…
> They're well within their rights to decline your business. They are. Should we condone it? > "Maybe they're sending it to terrorists or drug lords, maybe they're not; it's none of our business and we respect their privacy" Isn't this similar to the idea of banning web browsers, as they render HTML which, as we all know, can be used to write text ( plaintext! ) inciting terrorism? And it sometimes is. Are you using…
Things we deem "evil" are planned using technology. Should we ban technology?
Nicely answered. This 'safety' insanity is getting way out of control.