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The operating cost of adult and gambling startups

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Re: The operating cost of adult and gambling startups

#3
What's the author trying to say here?

It's good that the law isn't the only line between good and evil. A bit of stigma is a bottom-up way for people to shape society.

If nobody invites you to dinner parties because you run a startup that combines payday-lending and day-trading, that's a good thing. It's free alpha for companies doing more worthwhile things.

Re: The operating cost of adult and gambling startups

#4
> A regular provider charges a regular commission but will not work with you, while another will want a commission 10 times higher and will agree, but may stop working with you at any time.

I know I will get downvoted for this because it is an unpopular opinion, but this exactly the reason why we need bitcoin as a means of payments without any middlemen involved.

Re: The operating cost of adult and gambling startups

#5

    You may have a cool product in the field of sports betting, casinos, or
    lotteries. But almost all social networks and search engines won’t let you
    advertise without a license from the required jurisdiction.
Good. You should face social stigma for creating products that literally ruin people's lives.

Re: The operating cost of adult and gambling startups

#6
A well written and thoughtful article! Thanks for sharing.

It's been a while since I've read article on something like online gambling without feeling like the author was trying to proselytize.

Edit:

I appreciate the human perspective shared by the article, and get the feeling that OP offers a warning of the consequences of working in stigmatized fields. Ofc online gambling (and gambling in general tbh) is a terrible thing that ruins lives.

Re: The operating cost of adult and gambling startups

#7

You may have a cool product in the field of sports betting, casinos, or lotteries. But almost all social networks and search engines won’t let you advertise without a license from the required jurisdiction. Good . You should face social stigma for creating products that literally ruin people's lives.

Not to mention the entitlement of startups to just flaunt laws and regulations.

Still kills me to this day Uber and AirBNB running illegal billion dollar operations. I suppose one can at least say Uber mitigates drunk driving tendencies. As far as AirBNB goes, it can rot straight in hell. My hometown is now 20% AirBNB, they ran illegally for many years, and this completely prices out normal folks trying to live near their families.

Re: The operating cost of adult and gambling startups

#8

You may have a cool product in the field of sports betting, casinos, or lotteries. But almost all social networks and search engines won’t let you advertise without a license from the required jurisdiction. Good . You should face social stigma for creating products that literally ruin people's lives.

So true. I wish alcohol, tobacco, gun and insurance companies and their employees faced the same stigma.

Re: The operating cost of adult and gambling startups

#10

You may have a cool product in the field of sports betting, casinos, or lotteries. But almost all social networks and search engines won’t let you advertise without a license from the required jurisdiction. Good . You should face social stigma for creating products that literally ruin people's lives.

There are plenty of other products that literally ruin people's lives: alcohol, tobacco, sugar, pharmaceuticals, credit cards, firearms, timeshares, junk food. Society has them all on very different parts of a stigma spectrum.

Honest question: why is this line so clear for you?

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