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Stripe Crypto

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Re: Stripe Crypto

#112

Post by ttoinou »

candiddevmike wrote: post #5

Just recently moved from Stripe to Paddle after realizing their new tax collection stuff locked out a bunch of my customers--it only supports credit card transactions, not Apple Pay or Google or any of the EU payment options, and Stripe has no ETA on fixing this. With the tax bits, I still have to file and worry about thresholds too, so I switched to Paddle. On top of completely eliminating the tax remittance crap, I…

> their new tax collection stuff

Couldn't you turn that off ?

Re: Stripe Crypto

#113

Post by rewtraw »

samch wrote: post #39

Slight tangent: Maybe it’s just me, but I’m somewhat uncomfortable with the label “crypto” being co-opted as official shorthand for cryptocurrencies. I see how it’s a natural truncation of a long term, but to many of us the word crypto can mean many other things. When I saw the headline, I wondered if they had released their own cryptographic library or something else to that effect.

that ship sailed a long time ago.

but tbh, some of the most exciting cryptographic problems are being worked on in the cryptocurrency industry (zk tech, for example).

Re: Stripe Crypto

#114

Post by unfocussed_mike »

infamouscow wrote: post #68
atlantas wrote: post #34

I find the sheer volume of anger and hatred surrounding this and other related announcements completely unhinged. Why are so many people threatened by services that give their users options?

Because if Bitcoin specifically takes off it will force governments to balanced budgets, exposing a lot of hidden corruption. Detractors cherry-pick concerns about energy usage, but never show the energy usage of the existing system for comparison.

I really never know how to read comments like this anymore.

Are you serious? Are you joking?

Re: Stripe Crypto

#116

Post by xtracto »

schleck8 wrote: post #83
JaimeThompson wrote: post #60

The main point of crypto these days appears to be to replace the current middlemen with different middlemen who can make more profit while offering the consumer much less legal protection. It's a bit concerning.

How to participate in crypto? Just head to a privately owned exchange that might be traded at a stock exchange! Alternatively use a startup service that in turn relies on a privately owned backend that might as well go public at any point.

Or get to localcrypto, localbitcoin, localmonero and find a peer who is willing to give you crypto for your cash.

Re: Stripe Crypto

#117

Post by exdsq »

giantrobot wrote: post #95
exdsq wrote: post #15

Earlier quoted context omitted.

Happy to see you’re taking this approach now Dang. It’s really killed a lot of threads and I hope conversations can now go up a level to the technical uses rather than generic ‘ponzi scheme’ claims.

> I hope conversations can now go up a level to the technical uses Most if not all of the "technical uses" rely on rent extraction so it's really hard to talk about the technical uses without focusing on that major sticking point. Cryptocurrencies/dApps et al only work because of a network of miners on top of existing Internet infrastructure. They all add some extra cost onto every transaction. This in addition to th…

Yes I understand how blockchains work. Having that extra layer allows for these projects so, as an end user, we should shift the focus on things like the costs of using an app rather than the implementation (except maybe for PoS v PoW for environmental reasons). Instead of technical uses maybe I should have said projects and products.

Re: Stripe Crypto

#118

Post by [deleted] »

root_axis wrote: post #90
atlantas wrote: post #34

I find the sheer volume of anger and hatred surrounding this and other related announcements completely unhinged. Why are so many people threatened by services that give their users options?

Is your honest interpretation of cryptocurrency critics that they feel "threatened by services that give their users options"?

[deleted]

Re: Stripe Crypto

#119

Post by rewtraw »

danuker wrote: post #94
jonathantf2 wrote: post #54

Quoted post unavailable.

Which cryptos are scams and why?

well, most cryptos are scams. that's extremely obvious.

the 0.1% that are not are going to be the foundation for the next generation of web and finance -- this is also obvious.

but it's silly to pretend like most cryptos aren't just cash grabs. but just like 99.9% of websites on the internet are scams/ads/useless, doesn't take away from the importance of the legitimately useful websites.

Re: Stripe Crypto

#120

Post by khanan »

skybrian wrote: post #108
toolz wrote: post #87

Earlier quoted context omitted.

or more protection, depending on your perspective. I'd think russians wanting to interface with US services right now would find crypto offers more protection than fiat. Further, I know a few small businesses that have had large sums of money locked up by services like paypal without any communication. Crypto also provides far more protection from issues like that.

I don't know how this applies to their crypto offering, but: > Stripe currently does not support users located in Russia, Ukraine and Belarus. While users with direct or indirect activities involving Russia, Belarus, and Ukraine are not broadly considered prohibited by Stripe at this time, all major credit card networks have announced that they are ceasing services to Russian financial institutions. Additionally, Str…

Why the fsck would they block Ukrainians? Makes no sense.
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