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Summary: blah blah blah $2,519.01 since February. TipJoy hasn't taken off because: -A: can't withdraw money -B: can't respond to payments with software (also

by motoko 18y ago

Summary: blah blah blah $2,519.01 since February. TipJoy hasn't taken off because: -A: can't withdraw money -B: can't respond to payments with software (also, see A) The founders probably haven't blogged because they are raising capital to solve A so that they can solve B.

ivankirigin 18y ago
Withdrawing money is a very top priority of ours. You'll see more here about this very soon.
- xirium 18y ago
  > Withdrawing money is a very top priority of ours. So no-one has received any money yet? It would be in your interest to send some cheques immediately. See http://news.ycombinator.com/item?id=109017 http://news.ycombinator.com/item?id=109017 for details. At the very least, people can blog about getting the first cheques.
  - ivankirigin 18y ago
    The issue is the regulation around being a money transfer agent. Earnings in Tipjoy can be dedicated to a charity or cashed out with an Amazon gift card. This has happened a bunch. We'll let you cash out to PayPal or a checking account as we complete the lengthy paperwork for the licensing.
    - bluelu 18y ago
      So what's the difference to paypal then? If you ahve to cashout to paypal, why not add a donate paypal button at your website instead of te tipjoy button.
      - ivankirigin 18y ago
        Because the PayPal donate button is a macropayment that takes a lot of thought and effort compared to Tipjoy. Also, we're a layer above other payment processors, which means you won't need to use PayPal eventually if you don't want to. Lots of people actually hate PayPal.
        bluelu 18y ago
        It's true that it's easier to donate something with one click. It's also not new to me taht some people don't like them. But money business is a hard business with all the illegal money laundring going on around the world. I wish you the best of luck, but I think it will be very hard competing with paypal

by motoko 18y ago

ivankirigin 18y ago

Withdrawing money is a very top priority of ours. You'll see more here about this very soon.

xirium 18y ago
> Withdrawing money is a very top priority of ours. So no-one has received any money yet? It would be in your interest to send some cheques immediately. See http://news.ycombinator.com/item?id=109017 http://news.ycombinator.com/item?id=109017 for details. At the very least, people can blog about getting the first cheques.
- ivankirigin 18y ago
  The issue is the regulation around being a money transfer agent. Earnings in Tipjoy can be dedicated to a charity or cashed out with an Amazon gift card. This has happened a bunch. We'll let you cash out to PayPal or a checking account as we complete the lengthy paperwork for the licensing.
  - bluelu 18y ago
    So what's the difference to paypal then? If you ahve to cashout to paypal, why not add a donate paypal button at your website instead of te tipjoy button.
    - ivankirigin 18y ago
      Because the PayPal donate button is a macropayment that takes a lot of thought and effort compared to Tipjoy. Also, we're a layer above other payment processors, which means you won't need to use PayPal eventually if you don't want to. Lots of people actually hate PayPal.
      - bluelu 18y ago
        It's true that it's easier to donate something with one click. It's also not new to me taht some people don't like them. But money business is a hard business with all the illegal money laundring going on around the world. I wish you the best of luck, but I think it will be very hard competing with paypal