I suspect that 95% of their business will be from dodgy porn sites, or "we build the wall" type right wing scams.
Parallel Economy: Censor-Resistant Payment Processing
41–50 of 92 posts
Re: Parallel Economy: Censor-Resistant Payment Processing
#42In other news, I had trouble finding a crypto payments processor for my small business. Coinbase commerce and OpenNode required so much documentation that it might take me days to assemble to required documents, and BitPay has my account stuck on verification for weeks. Any recommendations? I would love to accept crypto payments but cannot believe how hard it is to onboard a processor.
Re: Parallel Economy: Censor-Resistant Payment Processing
#43I believe this is Dan Bongino's company (or he's heavily involved). IIRC he started it when Parler was booted off of Apple/Amazon, removing their income.
There's something particularly on the nose about a former-cop-turned-political operative handwringing about authoritarianism.
Re: Parallel Economy: Censor-Resistant Payment Processing
#44Nice pivot. I look forward to this "economy" stabilizing in the same way that Truth Social or Parler did - at about a tenth of the scale of their competition. Happy to let the pill-sellers and woke-fearers spend their money in their own little walled garden, well away from where I every have to hear about it (or be advertised to).
Ya, this is pretty much how I felt about the whole Ivermectin thing. Who am I to tell someone not to take horse de-wormer, when I also advocate for the freedom to take psychedelics? If someone _really_ wants to make sure they dont have horse heart worms, I dont see how they're hurting anyone else (besides being a disease vector, but thats not going to get worse).
Re: Parallel Economy: Censor-Resistant Payment Processing
#45In other news, I had trouble finding a crypto payments processor for my small business. Coinbase commerce and OpenNode required so much documentation that it might take me days to assemble to required documents, and BitPay has my account stuck on verification for weeks. Any recommendations? I would love to accept crypto payments but cannot believe how hard it is to onboard a processor.
You should try getting a bank to become your credit card processor, the Crypto stuff will seem like child's play.
Re: Parallel Economy: Censor-Resistant Payment Processing
#46Nice pivot. I look forward to this "economy" stabilizing in the same way that Truth Social or Parler did - at about a tenth of the scale of their competition. Happy to let the pill-sellers and woke-fearers spend their money in their own little walled garden, well away from where I every have to hear about it (or be advertised to).
> at about a tenth of the scale of their competition.
I wish they were all at that scale, instead of being part of oligopolies/monopolies that depend on the silence/support of government to maintain that position.
Re: Parallel Economy: Censor-Resistant Payment Processing
#47Nice pivot. I look forward to this "economy" stabilizing in the same way that Truth Social or Parler did - at about a tenth of the scale of their competition. Happy to let the pill-sellers and woke-fearers spend their money in their own little walled garden, well away from where I every have to hear about it (or be advertised to).
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Re: Parallel Economy: Censor-Resistant Payment Processing
#48That's a good company name. The broader the cancellations, the broader the emerging parallel economy. Every case of a corporation refusing a customer is an opportunity for another to accept. In a relatively free market you don't extinguish a sector by dividing it; that just generates targetted support. Media is dividing along partisan lines and apparently payment processing is too. What else? How broad will the paral…
On the flip side, every time I hear about some right wing nut getting deplatformed by paypal, I think to myself, "hey their service isnt as bad as I thought." Virtue signaling might bring them more business then they lose by tossing out a small number of fringe wackos.
Re: Parallel Economy: Censor-Resistant Payment Processing
#49[flagged]