3 ms·
CuteOverload is raking in the rewards. Somehow kittens can rake in the money. Speaking of monetizing, tipjoy doesn't actually offer you a cash payout - only am
by rzwitserloot 19y ago
CuteOverload is raking in the rewards. Somehow kittens can rake in the money.
Speaking of monetizing, tipjoy doesn't actually offer you a cash payout - only amazon gift certificates. A tipjar on tipit.to does, though.
- ivankirigin 19y agoTipjoy will allow a cash payout once we go through the proper licensing as a money transfer agent. This involves complying with regulations in all 50 states and the US patriot act. Technically tipit.to could be held criminally liable for what they are doing. We don't want that :) The fastest way to get a legit cash payout is to spread the word about tipjoy, so that we can close a Series A funding & pay lawyers to solve this problem. But you would be surprised how many people are interested in this _because_ it is all about charity.
- ivankirigin 19y agoJust to show that we aren't making this up, look at the history of egold. http://en.wikipedia.org/wiki/Egold http://en.wikipedia.org/wiki/Egold "On 27 April 2007, a federal grand jury in Washington, D.C. indicted e-gold Ltd and its owners on charges of money laundering, conspiracy, and operating an unlicensed money transmitting business." My guess is that when the site was shut down, their users weren't very happy.
- rzwitserloot 19y agoTipit.to is not based in the United States, so we don't have to comply with the US Patriot Act. There are some stringent financial requirements here in europe as well, but we've got those covered.
- theoneill 19y agoIf you do business in the US, you do, according to the US.
- deleted 19y ago[deleted]