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One does not simply use a payment processor directly. Stripe and PayPal both deplatformed within a week the Patreon alternative that the guy went to after being

One does not simply use a payment processor directly. Stripe and PayPal both deplatformed within a week the Patreon alternative that the guy went to after being kicked off Patreon (SubscribeStar). Hatreon was also deplatformed by their payment processor, as noted below. In another recent instance, MasterCard demanded that Patreon kick off another person for political reasons [1]. Social network Gab is now accepting USD payments only by mailed check for their premium tier. Of course, the pioneer modern instance of being financially deplatformed was Wikileaks, who was deplatformed by both Visa and MasterCard for political reasons. I've gained a new respect for Bitcoin from this incident. If you can't digitally send USD to another person to do legal things, USD has a problem. [1] https://twitter.com/Patreon/status/1029551216886341634 https://twitter.com/Patreon/status/1029551216886341634

darkpuma 8y ago
> "MasterCard demanded that Patreon kick off another person for political reasons." If true that's disturbing. At a certain point you have to wonder if we're getting close to the spirit of Marsh v. Alabama (e.g the constitutionality of restricting speech in towns that are privately owned by corporations.)
- zimpenfish 8y ago
  > If true that's disturbing. "Jihad Watch" seems a fairly obvious hate site.
  - PavlovsCat 8y ago
    What's a "hate site"? Anything the law would care about? If no, nuff said, if yes, why would anything but the law have to play gatekeeper?
thelasthuman 8y ago
What's stopping these people from creating a "MasterRacecard" and fulfilling their payment processing?
- username90 8y ago
  The card would need to get deals with banks and dealers, which it wouldn't get. So they would need to create their own banks as well, and then they would need to construct all supporting services for those banks as well... I think you realize that this isn't doable.
majkinetor 8y ago
> I've gained a new respect for Bitcoin from this incident. This

darkpuma 8y ago

> "MasterCard demanded that Patreon kick off another person for political reasons." If true that's disturbing. At a certain point you have to wonder if we're getting close to the spirit of Marsh v. Alabama (e.g the constitutionality of restricting speech in towns that are privately owned by corporations.)

zimpenfish 8y ago
> If true that's disturbing. "Jihad Watch" seems a fairly obvious hate site.
- PavlovsCat 8y ago
  What's a "hate site"? Anything the law would care about? If no, nuff said, if yes, why would anything but the law have to play gatekeeper?

thelasthuman 8y ago

What's stopping these people from creating a "MasterRacecard" and fulfilling their payment processing?

username90 8y ago
The card would need to get deals with banks and dealers, which it wouldn't get. So they would need to create their own banks as well, and then they would need to construct all supporting services for those banks as well... I think you realize that this isn't doable.

majkinetor 8y ago

> I've gained a new respect for Bitcoin from this incident. This