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Yes. To this day if you work with marijuana dispensary you will be denied of any payment processor. Sex workers are denied credit card applications, even where
by rglullis 5y ago
Yes. To this day if you work with marijuana dispensary you will be denied of any payment processor. Sex workers are denied credit card applications, even where prostitution is legal.
There is also "not exactly blocked but so many hoops to jump that is practically as it doesn't exist" markets: try being a consultant working from South America without getting ripped off in transfer/exchange fees and ask them how many would wish that their customers paid them in crypto instead.
- theamk 5y agoSo, those South America consultants, why are they not using crypto right now? The tech to transfer money via crypto has been around for a long time. Could it be that crypto has a number of practical problems, so unless you are a crypto enthusiast or wanting to ~~steal~~ raise some money, traditional methods are more available?
- rglullis 5y ago> So, those South America consultants, why are they not using crypto right now? Because the people on the other side of the transaction are saying "why can't I just PayPal you? Oh, it costs 8% more? Not a problem, I'd rather pay more than having to learn how to deal with crypto or worry about the tax implications from it."