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> Instead of using PayPal, they'll just send Bitcoin to them instead which that is harder to stop If you have a technologically sophisticated user base who is
by ThrustVectoring 6y ago
> Instead of using PayPal, they'll just send Bitcoin to them instead which that is harder to stop
If you have a technologically sophisticated user base who is on board with cryptocurrency, you'll only lose 90% of your payments switching from credit cards to cryptocurrency.
Don't minimize the damage that these bans and actions do merely because there is, in principle, a way to route around the damage. It's still plenty enough to kill off businesses, and anything with network effects that wants to be a platform will end up being stunted before it can take off.
- nexuist 6y agoFor now. Acting as if there isn't incentive - bankrolled incentive - to escape these bans and establish places where these punishments don't exist is equally foolish. People with massive media followings have the power to single-handedly blow up new networks and content distributors.