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This seems to be more of a thought exercise than an actual suggestion, and wouldn't actually slow down/stop the sale of guns. If anything, it'd give the NRA/gun
by jonwachob91 9y ago
This seems to be more of a thought exercise than an actual suggestion, and wouldn't actually slow down/stop the sale of guns. If anything, it'd give the NRA/gun lobby more power, in that they'd just open a payment processor/bank/digital coin to conduct the sale of firearms themselves.
- AFNobody 9y agoYou would think that but there are several larger industries (i.e. porn) that are attacked in a similar fashion that have not done such things.
- arcanus 9y agoThis has done nothing to stop the spread of porn.
- jonwachob91 9y agoPorn hasn't been attacked by all banks. The article address a few banks/payment processors that have banned the transactions of porn in their Terms of Service, but its still super easy to find a credit card that hasn't banned the purchase of porn.
- gesman 9y agoThese have specialized payment processors (ccBill and alike) that filled the gap. When demand is high - supply will appear
- paulie_a 9y agoThat wasn't done from a moral perspective. That was done because of charge backs.
- tzahola 9y agoSomewhat weakens your argument the fact that we have more porn at our disposal than ever in the history of mankind.
- ynniv 9y agoCreating a parallel banking system is purposely difficult, and rarely profitable.
- jonwachob91 9y agoThe good Cryptocurrencies seem to be doing just fine for payment processing. But stepping back and looking at something more traditional. PayPal became PayPal by servicing one group, eBay users. The U.S. gun industry is significantly larger than eBay and could easily support a "PayGuns" business.
- cgb223 9y agoI guess thats why bitcoin was such a massive failure...