What do you mean, "are becoming"? They have always been. If the payment processors don't want to be associated with a service, they'll refuse to handle payments and then there's simply no way for the service providers to get paid. See wikileaks and other "problematic" sites. Advertisers are also regulators. I've seen sites start heavily censoring themselves because someone complained to Google and they pulled the ads…
> I've seen sites start heavily censoring themselves because someone complained to Google and they pulled the ads. Stuff like this ruins the web. You mean my web is ruined because I don't see more those ads selling the newest crypto ponzi scheme which promises 10000% yearly returns? Let's deal with it, if advertising was totally uncensored that would be a nightmare for average user.
Credit-card firms are becoming reluctant regulators of the web
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Re: Credit-card firms are becoming reluctant regulators of the web
#102The Lightning Network might or might not lead to a widely used open payment network. I would love to hear more from people who already use it. How well does it work? As far as I know, El Salvador is currently trying to shift their whole economy to Bitcoin. Handling day to day payments via Lightning. Is anybody from HN there? How practical is it for non tech people to use it for their daily payments?
I use it almost daily, don't have any issues. I run my own node though for my main "wallet". I've done transactions of up to 3k without hick-ups. Any custodial ones I have tested have worked well, though.
Any benefits over paying with credit cards / cash / direct deposits?
Re: Credit-card firms are becoming reluctant regulators of the web
#103More than ten years ago since Visa, Mastercard etc blocked access to WikiLeaks: https://wikileaks.org/Banking-Blockade.html . I guess they started blocking things The Economist care about.
Re: Credit-card firms are becoming reluctant regulators of the web
#104Reluctant? Really? Citation needed.
Re: Credit-card firms are becoming reluctant regulators of the web
#105Earlier quoted context omitted.
Every single time there’s a HN discussion about censorship and I comment about how we shouldn’t be okay with censorship of anyone regardless of how offensive they might be or whether or not it’s some private corporation and usually it gets downvoted. When the wind starts blowing the opposite direction, only then do people wake up.
So you demand freedom for all ... except those that are using their freedom in the way you dont like. For the avoidence of doubt, I am talking about the freedom to not have someone in your house / your company platform.
Re: Credit-card firms are becoming reluctant regulators of the web
#106Earlier quoted context omitted.
This is a recent situation. Back in the early 00's, paying for something online with a credit card, other than porn, was a novelty. I think things started to change in the late 00's. I remember a LOT of software being sold online (licenses and such) was sold via money orders or sometimes wire transfers.
Travel is what enabled CC payments over the net. Airline/train tickets and hotel accomodations and internet payments are a match.
Re: Credit-card firms are becoming reluctant regulators of the web
#107What do you mean, "are becoming"? They have always been. If the payment processors don't want to be associated with a service, they'll refuse to handle payments and then there's simply no way for the service providers to get paid. See wikileaks and other "problematic" sites. Advertisers are also regulators. I've seen sites start heavily censoring themselves because someone complained to Google and they pulled the ads…
In a world where cash is starting to dissapear, payment processors and banking in general should be regulated and treated just like some sort of utility company (Ex: Water, electricity). Advertising is a different beast altogether. Being able to to exchanges (money for goods, etc) is something quite a basic right(If I can call it that). That doesn't apply to making money though. I don't think it's normal in any way t…
Re: Credit-card firms are becoming reluctant regulators of the web
#108Credit card firms should be just utility providers... Like roads are. You go on a highway, pay your toll, and noone asks you if you're driving to meet your parents, if you're going to get a prostitute or if you're going to buy drugs. Law enforcement should deal with the endpoints, so dealers, brothels, and your moms shitty meatloaf.
Re: Credit-card firms are becoming reluctant regulators of the web
#109Earlier quoted context omitted.
Travel is what enabled CC payments over the net. Airline/train tickets and hotel accomodations and internet payments are a match.
Why would online retail not also be a match? I assume there is are many more online retail transactions than travel related transactions simply because people shop retail more than they travel.
You could often pay upon delivery even when shopping online, but there's no need of delivery for tickets.
Re: Credit-card firms are becoming reluctant regulators of the web
#110Earlier quoted context omitted.
Why would online retail not also be a match? I assume there is are many more online retail transactions than travel related transactions simply because people shop retail more than they travel.
People did not shop online that much, 15 years ago (especially outside USA). But they already had travel booking needs, which could be taken fully online with CC payments over the net. You could often pay upon delivery even when shopping online, but there's no need of delivery for tickets.