291–300 of 384 posts
I don’t understand why we are taking actions that by and large will hurt little people the most.
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So individuals who recently left Russia out of fear for the regime and may be in very vulnerable positions have potentially unexpectedly lost access to their funds until they can sort that out... Meanwhile, for The Real Russians, business as usual. This looks like theatre hurting the wrong people.
Lyon Feuchtwanger, a Jew and anti-fascist who fled Hitler's Germany, lost all his savings in banks in the US, Canada, Britain and France. Because of the sanctions imposed on him as a German citizen. The only bank he still had money in his account in 1945 was ...German.
Call me insane, but this feels insane. It would be one thing if Visa/Mastercard were being forced to do this, but for them to take it upon themselves to "pick a side" during a global conflict feels really wrong.
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> It’s hard to remember as long ago as last month when peaceful Canadian protestors had their assets seized without due process. I have never had any expectation that when I am actively committing a crime, I can expect authorities to wait for the courts to decide if I should face any immediate sanctions or controls to stop my behavior. What would you rather have happen? Rubber bullets and tear gas? Or are you actuall…
>Or are you actually suggesting that it is okay to hold the public hostage until you get what you want? Ghandi and MLK have already given us the answer to that question. It's fine to peacefully protest until you achieve your objectives. Yes, people will try to malign you (saying that you're 'holding the public hostage') and insinuate things about you, but ignore them. It's okay. It's okay.
And before you say anything about BLM, recall than many thousands of people were arrested last year during those protests, and there were plenty of rubber bullets, tear gas, and beatings.
I'm always amazed at the extent people will go to absolve their own tribe from responsibility while accusing the other side of doing the same thing.
Personally I abhorred the violence in downtown Portland last year and I'm glad they finally stopped. I think the police need to dial it back a little in many cases, but I want them to be able to put a lid on the ability of protesters to destroy the lives of innocent people. And I think January 6 was an insurrection, but of course it was. I find all of y'all kinda annoying :).
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> 'Cryptocurrencies' should not be used at all. Why not? Are you allergic to them or something? Why can't someone transfer money using crypto if it benefits them to do so?
It is not money. Try sending me money using a coin that is regulated, not volatile and rife with scams and does not contribute to burning up the planet.
I don’t understand why we are taking actions that by and large will hurt little people the most.
We are isolating Russia and creating a pressure cooker with the intention to blow the lid off(Putin). West is supplying the heat, and the water is comprised of the Oligarchs and Russian people.
I’m not pro crypto or pro Russia, but the fact that it’s so easy to lose ones freedom to transact[0] (regardless of the specific merits here) is troubling. [0] https://mobile.twitter.com/punk6529/status/14944446246304030...
Hasn't really been a problem for other countries to avoid this problem, so I'm not sure how worried I ought to be. Like so many things, I'll worry about trends when there is a trend.
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> I think Russia is being ‘canceled’. Jesus this term really has lost all meaning at this point, hasn't it.
No, I think it clarifies the meaning quite substantially. Behave outside of the bounds of accepted civilized discourse, get 'canceled'.
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It has been a problem. There is pretty much a duopoly, look at the difficulties you face if they disapprove your business or politics. More competition is long overdue. But we are testing modern finance by weaponising the financial system. The most problematic move I think has been freezing the central bank's reserve. It might achieve the short term gain of hurting Russia, but what about the long term impact on the t…
I anticipate lots of gold moving physically over the next few months.
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I worked in credit card acquiring business (implemented credit card application for the terminal). Cards with Mastercard or Visa logo can still work without Mastercard or Visa processing the payments. Obviously, they do work in ATMs. For normal payments it is possible for another company to step in and process the payments. That would be massive effort but not impossible to get done in say couple of weeks. But that w…
> For normal payments it is possible for another company to step in and process the payments. That would be massive effort but not impossible to get done in say couple of weeks. Per another comment, the massive effort has already happened over the preceding years, out of the expectation that something like this was going to happen sooner or later: https://news.ycombinator.com/item?id=30572790 > But that would still m…
Lots of them are co-branded with UnionPay.