> The biggest problems are loss of autonomy, privacy, and redundancy. Whole life dependent on G and A corps? Accounts that can be banned on a whim with no recourse? No thank you. ((extends middle finger))
This all applies to credit card companies. Try running a porn site and accepting payments with credit cards
I'm not okay with that either. (Although PCI DSS and banking regulations do present a limit to their potential shenanigans.)
A secondary in any case, as issues have well-developed remediation strategies. Few regular folks are banned from the financial system without recourse.
I get it. You wanted to be edgy and shoot from the hip, but this time pulled the trigger too fast.
> secondary in any case, as issues have well-developed remediation strategies. Few regular folks are banned from the financial system without recourse.
Try running a perfectly legal porn website or anything controversial and try getting a merchant account.
I had a friend who ran party buses that catered to the LGBT community and had a hard time getting a merchant account while others in her same industry didn’t have a problem.