Live data from Hacker News

Parallel Economy: Censor-Resistant Payment Processing

paralleleconomy.com

31–40 of 92 posts

Re: Parallel Economy: Censor-Resistant Payment Processing

#31

> Cancel culture will not win But what are they doing to actually prevent censorship? This feels like an excuse to capitalize on the politically charged term of “cancel culture”. My grift alert is blaring.

It can be grift and censorship resistant at the same time. The free market embraces not only JIT, but many other distressing tactics that only just work.

I suspect, if they can stay ahead of the regulators, we'll be looking back at services like this in 20 years and note:

1. Riddled with scams and fraud.

2. Better overall results than the well regulated banks. The banks tend to rely on regular bailouts to maintain the illusion of competence, and don't fund a lot of ideas that would be good.

Re: Parallel Economy: Censor-Resistant Payment Processing

#33

Earlier quoted context omitted.

When fear-stoking is on the main page instead of technical details or documentation, it's obvious what they're selling isn't a technical service.

What you editorialize as "fear-stoking," fearful people might characterize as "fear-recognizing."

I think recognizing that someone has a fear is very different from affirming that the fear is justified. They are doing the latter.

Re: Parallel Economy: Censor-Resistant Payment Processing

#35

Great work! If you could implement a payment flow where payouts could be made in Crypto, that would be awesome. It is very difficult getting paid for my software, and I’m just a little software developer in Canada. I don’t understand how you manage to maintain merchant accounts with the credit card vendors. It seems likely that they’ll shut you down, as soon as someone tries to fund a peaceful protest that goes again…

The Canada convoy protest was peaceful, except for the bribery, threats, assault, dangerous driving and setting a building on fire. That and the $6 billion economic loss, or the fact that nobody wanted them there, or that the protesters were protesting the COVID-19 vaccination mandate. And if that's not enough the whole thing was funded from the United States by Donald Trump donors and an American billionaire called Thomas Sieber.

Re: Parallel Economy: Censor-Resistant Payment Processing

#36

Great work! If you could implement a payment flow where payouts could be made in Crypto, that would be awesome. It is very difficult getting paid for my software, and I’m just a little software developer in Canada. I don’t understand how you manage to maintain merchant accounts with the credit card vendors. It seems likely that they’ll shut you down, as soon as someone tries to fund a peaceful protest that goes again…

The Canada convoy protest was peaceful, except for the bribery, threats, assault, dangerous driving and setting a building on fire. That and the $6 billion economic loss, or the fact that nobody wanted them there, or that the protesters were protesting the COVID-19 vaccination mandate. And if that's not enough the whole thing was funded from the United States by Donald Trump donors and an American billionaire called…

>was peaceful, except for the bribery, threats, assault, dangerous driving and setting a building on fire. That and the $6 billion economic loss, or the fact that nobody wanted them there

Many of these points applies to BLM protests. Should those organizers be booted from the financial system as well?

>or the fact that nobody wanted them there, or that the protesters were protesting the COVID-19 vaccination mandate

should this be a factor in determining the acceptability of a protest? Can you do it in a principled way that doesn't simply boil down to "if it's for a Just Cause then you can do whatever you want"? Finally, what does this mean for past movements which were also super unpopular? LGBT rights protests come to mind.

Re: Parallel Economy: Censor-Resistant Payment Processing

#37

This sets of my grift alarms: there's no virtually no explanation of what makes it "censorship-resistant," but lots of heavy-handed references to authoritarianism, etc. There continues to be good money in playing the middleman, I suppose.

> there's no virtually no explanation of what makes it "censorship-resistant," As far as I can tell, what is meant to make them censorship-resistant is that they claim they will not drop customers based on pressure from censors. They're selling that resistance to censors as "censorship-resistance."

Ah, the Oat Milk of censorship resistance :-)

Re: Parallel Economy: Censor-Resistant Payment Processing

#38
post #36

Earlier quoted context omitted.

The Canada convoy protest was peaceful, except for the bribery, threats, assault, dangerous driving and setting a building on fire. That and the $6 billion economic loss, or the fact that nobody wanted them there, or that the protesters were protesting the COVID-19 vaccination mandate. And if that's not enough the whole thing was funded from the United States by Donald Trump donors and an American billionaire called…

>was peaceful, except for the bribery, threats, assault, dangerous driving and setting a building on fire. That and the $6 billion economic loss, or the fact that nobody wanted them there Many of these points applies to BLM protests. Should those organizers be booted from the financial system as well? >or the fact that nobody wanted them there, or that the protesters were protesting the COVID-19 vaccination mandate s…

Yes. However much I support the ideals behind any given movement, I strongly believe that after you cross a critical threshold, let us call it the "setting things on fire line" you should stop being able to get paid through the banking system.

Re: Parallel Economy: Censor-Resistant Payment Processing

#39

Earlier quoted context omitted.

What you editorialize as "fear-stoking," fearful people might characterize as "fear-recognizing."

I think recognizing that someone has a fear is very different from affirming that the fear is justified. They are doing the latter.

That depends on whether Paypal or other major payment processors are dropping people for their political or social opinions. If they're not, the fear of people who share those political or social opinions of having their payments cut off is not justified. If they are, the fear of people who share those political or social opinions is justified.

Are they? Is it?

Re: Parallel Economy: Censor-Resistant Payment Processing

#40

Earlier quoted context omitted.

> there's no virtually no explanation of what makes it "censorship-resistant," As far as I can tell, what is meant to make them censorship-resistant is that they claim they will not drop customers based on pressure from censors. They're selling that resistance to censors as "censorship-resistance."

Ah, the Oat Milk of censorship resistance :-)

In the way that oat milk is milk made from oats.
Post reply on HN