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What's your use case for the "one time fee"? Is this a barrier to prevent bad actors? I can easily see use cases where someone without buying power can get a

What's your use case for the "one time fee"? Is this a barrier to prevent bad actors? I can easily see use cases where someone without buying power can get a 50, maybe even 100 USD bond or 'license' of some sort PROVIDED that there's either only one or even more ideally a set of competitors who's "not a bad actor" licenses are interoperable; and work on the whole Internet for that task (without expiring until bad karma is dinged). However no, nickle and dime-d to death, as well as those 'free but remember to cancel' plans, are the exact reason I'd never hand over real billing info until I'm serious about being billed.

derefr 6y ago
The one-time fee is an e-stamp, basically. It makes having N identities N times as expensive as having one. It's one of the oldest anti-spam suggestions, from before spam filters were invented. What you're talking about with that "license" is exactly what you get by everybody relying on a small set of KYC providers; except that the KYC provider doesn't charge you for registration, but instead requires a Proof-of-Stake in some state's legal system (i.e. a set of documents that require laborious up-front proofs to acquire, such that it's very hard to acquire two sets of them, but which can be used to validate identity freely once issued.) KYC providers that just charge $100 instead of requiring a Proof-of-Stake challenge exist, too. That's essentially the (secondary?) purpose of businesses that will only trade with other incorporated businesses (or, to abstract that away, only with businesses that have a Dun & Bradstreet DUNS number): it costs $100 to incorporate, or to register one of those numbers, so you have to be at least $100 of serious to bother them, and you can't just keep spending hundred-dollar-bills forever to keep generating new identities to DDoS someone. What I haven't heard of, interestingly, is a KYC provider that requires a proof of work. Something like "solve a thousand Captchas to create an account." Or a formalized version of the old "take a photo of yourself holding up today's newspaper." But that'd be totally workable as well.
pitay 6y ago
I treat 'free but remember to cancel' plans as scams. About 10 months ago I got emails from a company that developed an development environment that was I was mildly interested in. They presented an offer with said it was free so that people could help educate themselves during lockdown. Unfortunately the terms was after 1 year you needed to pay something like $1500 if you didn't cancel, these terms were right at the bottom of the page and very hard to spot. Paid through PayPal and the about $1500 was there right in front of me. I cancelled it on the same day. A company offering that sort of deal waiting for people not to cancel and saying it is to help people during the lockdowns is just awful.

derefr 6y ago

The one-time fee is an e-stamp, basically. It makes having N identities N times as expensive as having one. It's one of the oldest anti-spam suggestions, from before spam filters were invented. What you're talking about with that "license" is exactly what you get by everybody relying on a small set of KYC providers; except that the KYC provider doesn't charge you for registration, but instead requires a Proof-of-Stake in some state's legal system (i.e. a set of documents that require laborious up-front proofs to acquire, such that it's very hard to acquire two sets of them, but which can be used to validate identity freely once issued.) KYC providers that just charge $100 instead of requiring a Proof-of-Stake challenge exist, too. That's essentially the (secondary?) purpose of businesses that will only trade with other incorporated businesses (or, to abstract that away, only with businesses that have a Dun & Bradstreet DUNS number): it costs $100 to incorporate, or to register one of those numbers, so you have to be at least $100 of serious to bother them, and you can't just keep spending hundred-dollar-bills forever to keep generating new identities to DDoS someone. What I haven't heard of, interestingly, is a KYC provider that requires a proof of work. Something like "solve a thousand Captchas to create an account." Or a formalized version of the old "take a photo of yourself holding up today's newspaper." But that'd be totally workable as well.

pitay 6y ago

I treat 'free but remember to cancel' plans as scams. About 10 months ago I got emails from a company that developed an development environment that was I was mildly interested in. They presented an offer with said it was free so that people could help educate themselves during lockdown. Unfortunately the terms was after 1 year you needed to pay something like $1500 if you didn't cancel, these terms were right at the bottom of the page and very hard to spot. Paid through PayPal and the about $1500 was there right in front of me. I cancelled it on the same day. A company offering that sort of deal waiting for people not to cancel and saying it is to help people during the lockdowns is just awful.