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Cutting unpopular industries/sites/businesses off from payment processing has been a popular sport of activists behind the scenes since I've been in the industr
by phil21 9y ago
Cutting unpopular industries/sites/businesses off from payment processing has been a popular sport of activists behind the scenes since I've been in the industry.
It's a huge chilling effect no one really discusses very much, and is why I was originally so obsessed with the Bitcoin idea - finally a payment method no one could subvert to force their political and moral ideology on you.
The level of censorship the typical banking partner (e.g. merchant account) exerts on a business is probably the largest out of any vendor by an order of magnitude - perhaps only shared in scale by telecommunications/hosting provider.