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I agree with the sentiment of the title, but does the article really support it? Operation Choke Point (which, in the end, was just the gov't saying "hey, thes
by rtpg 11y ago
I agree with the sentiment of the title, but does the article really support it?
Operation Choke Point (which, in the end, was just the gov't saying "hey, these industries are dangerous") helped stopped Alexander's donations. But it's not like it's easy to collect online payments in a cash-only society, right? This is like saying "how the internet can embolden wiretapping". The gov't action only increased through the technicality of increased technology.
The fact that Visa and MC responded to Sheriff Dart's letter is disturbing, to say the least, though. Though saying the circuit decision is a first amendment decision might be a stretch: It reads to me more like a mix of that and one about abuse of public office.
So.... this article brings up issues that I think are extremely important though. Visa and MC as payment processors basically reserve the right to not service people. Is there a legitimate case for forcing them not to discriminate? Do we need net neutrality for payments?
Someone will say "Bitcoin solves this!" but it doesn't, at least not until the US government accepts tax payments in USD.
The biggest issue with "payment processor purity" would be the question of how does that work with money laundering laws? There might not be a conflict: if payment processors know who you are, that might be enough.
But seriously, Choke Point would have failed any first ammendment challenge if banks wanted to challenge it. But they didn't, because banks believed what the gov't was telling them, and also don't like high-risk, low-reward businesses. Private enterprise is at the source of these issues!
Instead of worrying about Big Brother, I'd say this article is more about how the government _should_ intervene to ensure 1st amendment rights in a cashless society.
A side note that I feel is lost in these discussions: cashless societies (or mixed cash/cashless, if you will) enable lots of people (like adult entertainers, but also everyone on Patreon, for example) to live a life they couldn't with cash-only universes. Even if cash is always there, we should work to make cashless better than ever if possible.