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I think we've reached an inflection point where working with Facebook presents too much of a risk. It feels like all of the issues around privacy, data security
by tjpnz 7y ago
I think we've reached an inflection point where working with Facebook presents too much of a risk. It feels like all of the issues around privacy, data security, content moderation, leadership and ultimately Democracy have boiled over. It makes sense that established financial institutions would want to distance themselves from that.
- Grangar 7y agoGood. Let it burn to the ground.
- dang 7y agoPlease don't post unsubstantive comments here. Especially not ragey ones. They just make this place worse. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- duxup 7y agoNot just threats from Facebook doing something wrong and getting dragged into it with them. Also ... Facebook has proven it is willing to bully and lie to people doing business WITH Facebook. If I'm Visa or Mastercard... do I want to get into this space and at the same time be at the mercy of Facebook? If there is some other network / payment system would Facebook be ok with me getting into that too? Generally if you read enough stories it is clear there's no consideration about "Hey should we do this?" at Facebook. It seems more than at most companies there are simply no rules.
- guest 7y agoVisa/Mastercard have no experience with being bullied or bullying. Won't someone please save them from Big Baby Ollie?
- thenewnewguy 7y ago> Also ... Facebook has proven it is willing to bully and lie to people doing business WITH Facebook. Woah, I must be out of the loop - what is this in relation to?