Debit Cards, too.
deathbird@mander.xyz 2 days ago
I truly don’t understand how Visa/MasterCard/etc can be pressured. They are basically infrastructure.
What’s someone going to do, stop using credit cards if they don’t stop a store that person even patronize from selling morally hazardous goods?
I don’t get how these campaigns are even effective.
finitebanjo@lemmy.world 2 days ago
sugar_in_your_tea@sh.itjust.works 2 days ago
Cryptocurrency is the solution here, and unfortunately that’s an unpopular take here.
RedFrank24@lemmy.world 2 days ago
That’s because 90% of cryptocurrency marketing consists of “THINK OF THE GAAAAAAINS YOU CAN MAKE!” instead of “You can use this to buy things without government censorship”.
The entire crypto industry has based itself around being a speculative asset, not a currency.
sugar_in_your_tea@sh.itjust.works 2 days ago
Which is really unfortunate. If you avoid the most popular coins (Bitcoin, Ethereum, etc), you avoid most of the scams and speculation and end up with a decent currency that respects your privacy and has low fees.
emmy67@lemmy.world 1 day ago
Not when exchanges still govern taking money out. They are businesses like everything else and will be just as risk averse
deathbird@mander.xyz 1 day ago
One benefit to payment processing for crypto is that there’s little in the way of material limitations on processing payments. The blockchain for a given coin already exists, your job as a processor is primarily to convert those on-chain transactions into and out of other currencies. Only requiring intervention at the point of entering or exiting dollars to and from the system changes a lot of the dynamics.
sugar_in_your_tea@sh.itjust.works 1 day ago
It’s pretty easy to switch between cryptocurrencies, so they can surely find an exchange that is friendly to their business. That’s way better than the credit card situation where there are only four major processors–Visa, Mastercard, Discover, and American Express–and only two of those actually matter.
emmy67@lemmy.world 22 hours ago
None of what you said addresses the problem I mentioned.
Cocopanda@lemmy.world 2 days ago
Probably just worried Trump will over regulate them if they don’t fall in line with the Christian Radicals.
MysteriousSophon21@lemmy.world 2 days ago
They pressure payment processors through reputation damage and regulatory threats - these companies are terrified of being associated with anything that could trigger banking regulations or get them labeled as “enabling” problematic content in the media, its purely a risk management desicion for them.
plyth@feddit.org 2 days ago
Supposedly there was a ruling in California that made them responsible.
deathbird@mander.xyz 1 day ago
Do you have any info or links about that?
plyth@feddit.org 18 hours ago
Unfortunately not. It was mentioned in a lemmy comment.
Vinstaal0@feddit.nl 1 day ago
The thing is they are American corporations who care to much about their public image. I would be highly suprised if they national payment platforms would also accept this. (ideal/bankcontant/wero/etc)