US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories • Hacker News Board

Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

#191

Post by miroljub » Fri, May 26, 2023, 11:19 AM UTC

TimJRobinson wrote: post #46

miroljub wrote: post #30

Earlier quoted context omitted.

> I've had absolutely terrible experiences with Palpal. Lawmakers should be urging everyone to use a better service, forget worrying about PayPal's ban. I'd rather have the government enforce something like user-friendly free globally available instant payment and settlement system. Then none of these shady services would be required. Fox example, a version of SWIFT, but instant, free and distributed.

This is available today and already used by millions. It's USDC/LUSD on Ethereum/Polygon/Tron (pick your chain based on desired cost and security requirements). The US government will never endorse it or allow major banks to give their full support through because they want control over the network to "keep the bad guys out".

> This is available today and already used by millions.

> The US government will never endorse it or allow major banks to give their full support through because they want control over the network to "keep the bad guys out".

If I can't use it for bank to bank transfers or paying for things in a supermarket or another person, that means it is not available today.

Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

#192

Post by TimJRobinson » Sun, May 28, 2023, 5:52 AM UTC

miroljub wrote: post #191

TimJRobinson wrote: post #46

Earlier quoted context omitted.

This is available today and already used by millions. It's USDC/LUSD on Ethereum/Polygon/Tron (pick your chain based on desired cost and security requirements). The US government will never endorse it or allow major banks to give their full support through because they want control over the network to "keep the bad guys out".

> This is available today and already used by millions. > The US government will never endorse it or allow major banks to give their full support through because they want control over the network to "keep the bad guys out". If I can't use it for bank to bank transfers or paying for things in a supermarket or another person, that means it is not available today.

Do you use Paypal for paying for things in a supermarket?

You can transfer USDC to anywhere you need to spend it. I use it all the time for transferring between my Australian and USA bank accounts.

You said you were looking for a SWIFT replacement, this is it.

Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

#193

Post by dogman144 » Thu, Jun 01, 2023, 4:19 PM UTC

TimJRobinson wrote: post #189

dogman144 wrote: post #118

Earlier quoted context omitted.

Because that new boss is same as the old boss ``` /* * @title Blacklistable Token * @dev Allows accounts to be blacklisted by a "blacklister" role */ contract Blacklistable is Ownable { ``` [0] https://etherscan[.]io/address/0xa2327a938febf5fec13bacfb16a...

I doubt Palestinians are worried about being blacklisted considering the only people that have been blacklisted are hackers and North Korea. And anyone that is worried can use LUSD/DAI/GRAI or a myriad of other fully decentralized USD stablecoins.

I doubt (choose a figure at this point: Snowden, Assange, Palestinians, OnlyFans) needs to get worried about getting blacklisted financially because (choose a reason how they wouldn’t get financially blacklisted based on precedent, and then were blacklisted). Specific payment rails behavior has never mattered with this, it’s always about the ability existing as people jump across payment options.