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> how am I supposed to trust 50 different gateways? It's your government's job to make sure that you have faith in financial institutions and trust the infrast
by webmobdev 5y ago
> how am I supposed to trust 50 different gateways?
It's your government's job to make sure that you have faith in financial institutions and trust the infrastructure through which financial transactions happen.
If not, corporates like Apple will continue to exploit your misplaced trust by charging you 30% - 50% on every transaction. The solution isn't Apple or Google or some other corporate, but your government and better regulations.
- paulmd 5y agoHN libertarians: “This isn’t the right approach! You need government regulation!” Everyone: so could I get some regulation on [literally any exploitative startup practice” HN, creepy smiling face: “haha eat shit” The reaction to GDPR, or the Cali privacy law, or the Uber employee classification, or literally any other regulation* shows how hollow those words are. When anyone tries to regulate these sorts of things you’ll shriek like a banshee about how unfair these regulations are.