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It's a very difficult task to determine if a transaction is legal or not, sometimes impossible. Regulations differ not only on the country and state level, but
by 0xy 5y ago
It's a very difficult task to determine if a transaction is legal or not, sometimes impossible. Regulations differ not only on the country and state level, but sometimes the city level.
For example, can you buy alcohol in Delaware? Well, not if it's Sunday. How about a weekday? Not if it's between 1am and 9am.
Can you buy alcohol in New Jersey on Sunday? Sure, well not if you're in Bergen County.
That's one product. How do you propose these companies codify the entire world's regulations? It would require thousands of people to maintain the rule engine.
- sverhagen 5y agoSo, are you suggesting that credit card firms no longer process liquor transactions? I think it's understood that there are nuanced difficulties, but does that mean they should categorically shut out entire industries? (I feel like for liquor we generally fall on the side of "no".)
- rich_sasha 5y agoThe bar should be, is this business legally allowed to conduct business, not finer grained. It’s on the business not not break local laws.
- ClumsyPilot 5y ago"For example, can you buy alcohol in Delaware?" Next, TESLA eula will forbid you from going to questionable establishments, and the car will shut off if you arwle going to a strip club. USSR couldn't dream of this level of surveillance, turns out the trick was to privatise it.
- A4ET8a8uTh0 5y ago"I am sorry Dave, I am afraid I can't let you do that" Only it won't be delivered by AI, but by a compliance script tied to geo-blocked locations. It will get extra tricky for cars to navigate when their owners are child molesters and have to stay 10 miles away from houses with children in it. Onwards to our glorious future!
- deleted 5y ago[deleted]