Message from @paradigm
Discord ID: 520627894058352651
This is why crypto is the future. It's supposed to be used and traded as a currency, not stock.
Visa, Mastercard, and the banks are all hostile.
m not sure you are aware of the power that the state has - without court approval - over banks in some countries.
the intelligent point of interface is a contractual banking relationship
Blockchain.
for crypto to replace bank currency, the entire world would have to adopt it
Read back over the last hour of conversation...
Ik, but we can use crypto for donations.
It'll be worth it in the long run.
well, you have a point there @Heteronymus Bosch
I am not even going to attempt to solve the issues of oppression in the UK and EU
my interest is limited to enforcing the first amendment in the US
I know that you have small local banks in the US. I won't give away where I have lived, but I assure you they simply don't exist in *most* countries. And they are subject to state intervention without court approval.
I personally am of the belief, at this point that the Russian Federation is a better friend than the European Union.
the EU is tiny, just walk it.
Possibly even in the US after the patriot act.
Any payment processing institution, any institution where currency can be exchanged for another, is extremely risk averse. They will not deal with entities that they have been convinced are radical.
To the US
Read the ToS of any payment processor. Not just the big ones but the tiny ones who only work with one small bank. They all have endless rules about content.
Also, for it to be used effectively, the masses have to adopt it
And the masses listen to the established order
has anyone else here ever actually implement a payment processing system or dealt with financial institutions?
Yes
why not ach
wow yt rewind has 2.1m dislikes 😛
You would not believe the rules they have. Things that have absolutely nothing to do with moving money.
then get another bank
So what are the ideological criteria for an ACH originator then?
none
that's the point
ACH is an electronic transfer of funds from one account to another
banks provide this as a service to their clients
under contract
so sign the contract you want to sign
I think Atkins just claimed that there are.
there are thousands of banks
In the US.
pick one that works
yes, in the US
Not elsewhere.
the UK and EU are a lost cause
I wonder if Tim is subscribed to pewdiepie