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This makes me think of Operation Choke Point. I understand payment processors need to limit fraud and risk, but at what point do they get to determine what a le
by post_break 5y ago
This makes me think of Operation Choke Point. I understand payment processors need to limit fraud and risk, but at what point do they get to determine what a legal business does? I understand the mental gymnastics involved to think a private business gets to choose who they do business with, but when there are only a handful of businesses doing the processing what then?
https://en.wikipedia.org/wiki/Operation_Choke_Point https://en.wikipedia.org/wiki/Operation_Choke_Point
- yellow_lead 5y agoA reason governments like monopolies - they centralize control. This applies to many industries: telecom, cellphones, social media, etc.
- deleted 5y ago[deleted]