Message from @paradigm

Discord ID: 520720782876344323


2018-12-07 21:54:16 UTC  

I'm not letting anyone directly debit my bank account.

2018-12-07 21:54:29 UTC  

And I'd guess that 99% of people agree

2018-12-07 21:54:35 UTC  

so don't

2018-12-07 21:54:47 UTC  

OK, so you've wiped out 99% of their funding

2018-12-07 21:54:48 UTC  

do you really think sargon could not get a processing account for cards?

2018-12-07 21:55:40 UTC  

I think that payment processors will fold immediately upon getting a nastygram from the "People for the American Way"

2018-12-07 21:55:41 UTC  

patreon != reality
silicon valley != reality

2018-12-07 21:55:58 UTC  

Payment processors survive on mitigating risk.

2018-12-07 21:56:08 UTC  

I don't think they will fold as fast as patreon

2018-12-07 21:56:13 UTC  

Do you really think Sargon - even now, let alone when he was building his profile - is going to process credit cards? Will people trust every individual creator with their credit card number?

2018-12-07 21:56:25 UTC  

patreon is already under fire for all kinds of things

2018-12-07 21:56:47 UTC  

And they're booting people left and right to avoid risk at all costs. Any other payment provider will do the same.

2018-12-07 21:56:58 UTC  

eh

2018-12-07 21:57:00 UTC  

maybe

2018-12-07 21:57:05 UTC  

solutions will emerge

2018-12-07 21:57:07 UTC  

So if Sargon signs up for a porn payment provider, they'll fold just the same.

2018-12-07 21:57:44 UTC  

and my money is not on some custom blockchain scheme

2018-12-07 21:57:49 UTC  

BitChute tried. The porn processors wouldn't touch.. Ask Vee.

2018-12-07 21:57:52 UTC  

The solutions are on their way. They are cryptocurrencies. For *reasons*, which I partially understand, paradigm is contrarian on crypto's ability to solve these problems.

2018-12-07 21:58:25 UTC  

we have cryptocurrencies

2018-12-07 21:58:29 UTC  

accept bitcoin

2018-12-07 21:58:50 UTC  

But we don't have the smartcontracts to implement patron pledges.

2018-12-07 21:58:51 UTC  

more like Brokecoin, amirite? 😉

2018-12-07 21:58:58 UTC  

We will have them very soon.

2018-12-07 21:59:11 UTC  

There are good reasons why crypto in its current form, won't be the solution. Mostly to do with the majority of major banks banning the purchase of crypto with their credit cards, and BRAM regulations being changed a few months ago to label crypto companies as 'high risk'

2018-12-07 21:59:14 UTC  

Bitcoin sucks.

2018-12-07 21:59:26 UTC  

It is an enormous waste of resources which is useless.

2018-12-07 21:59:28 UTC  

and shitcoins suck as well

2018-12-07 21:59:38 UTC  

All of them?

2018-12-07 21:59:51 UTC  

So you can transfer your crypto back and forth, but you can't turn it into cash to pay your taxes/rent/bills.

2018-12-07 21:59:57 UTC  

I am not aware of a good one

2018-12-07 22:00:09 UTC  

Well, you can at the moment.

2018-12-07 22:00:19 UTC  

How does anyone cash out of crypto?

2018-12-07 22:00:30 UTC  

There are several.

2018-12-07 22:01:08 UTC  

It's a vulnerable point though. If I were PFAW I'd be lobbying banks to chokepoint the crypto exchanges.

2018-12-07 22:01:24 UTC  

lol

2018-12-07 22:01:26 UTC  

hawalla

2018-12-07 22:01:34 UTC  

I bought my dog in crypto.

2018-12-07 22:01:44 UTC  

But little else.

2018-12-07 22:01:53 UTC  

*hawala (sp)

2018-12-07 22:02:12 UTC  

That said, you will be able to spend it directly soon enough.