4 ms·

What does this mean? Stripe Crypto is a scam because they happen to be using cryptocurrencies? Maybe Stripe should stop their crypto endeavors because they hav

What does this mean? Stripe Crypto is a scam because they happen to be using cryptocurrencies? Maybe Stripe should stop their crypto endeavors because they have a crypto offering which means it's a scam.

dgfitz 4y ago
I have no idea how you made this mental leap. I don't understand the question.
- colesantiago 4y ago
  Not a mental leap. If you are saying 'ALL crypto is a scam' this also includes all and any crypto offerings by any company. Stripe, Coinbase, FTX, Binance, Moneygram etc are included. Not to mention the 'DeFi' space as well.
  - postalrat 4y ago
    Those companies aren't immune from getting suckered in to a scam.
    - colesantiago 4y ago
      They are merely facilitating, participating and offering the services in the crypto scam no? Stripe went in to Bitcoin, exited Bitcoin, then invested into a shitcoin called 'Stellar' and went back into crypto again supporting crypto exchanges like FTX, NFTs and offering crypto payments with 'Polygon'. That is hardly getting 'suckered in'. I would argue that they are 100% fully complicit in the crypto scam. Since we agree that 'crypto is all a scam', it should mean that Stripe, Coinbase and all the other companies that have crypto operations should be called out for their participation in the scam and they should immediately shut down their operations since 'all crypto is a scam' right?
      - deleted 4y ago
        [deleted]
      - postalrat 4y ago
        The reality is that all crypto are shitcoins. And when everything is a shitcoin then the term doesn't mean anything.
  - dgfitz 4y ago
    Stripe and Moneygram have a business model that can exist outside of crypto. The others you listed enable people to be scammed. I won't go so far as to call them a scam company themselves.
    - colesantiago 4y ago
      We both know that Stripe are actually fully involved in the crypto scam. They have a crypto division that will be used for crypto payments and NFTs. They also invested into a crypto token called 'Stellar' back in 2014 and said nothing since on the matter. Plus the CEO of Stripe advises Stellar. [0] Moneygram is also working on the scam as well with this Stellar token. I don't know about you but it seems that both Stripe and Moneygram are complicit in the crypto scam the same way that the crypto exchanges are. Also you said 'ALL' by the way so this means no exceptions. [0] https://stellar.org/foundation/team https://stellar.org/foundation/team
      - dgfitz 4y ago
        You have me thoroughly confused. Are you now agreeing that crypto is a scam or no?
        colesantiago 4y ago
        > Stripe and Moneygram have a business model that can exist outside of crypto...I won't go so far as to call them a scam company themselves. Contradicts: > All crypto is a scam. As you are trying to legitimise both of them of having a 'use-case' for their crypto offerings, holdings, etc which regardless of their business models and what they do as companies, it is still all a scam. If we agree that both Stripe and Moneygram are fully involved in the scam by having heavy involvement in crypto offerings, holdings, etc, Then yes. They are a scam as well as everything they are offering is as well. No exceptions.
        dgfitz 4y ago
        No it doesn't. You're making a lot of mental leaps that I'm not able to follow. Those companies existed and were profitable BEFORE crypto. They don't NEED crypto. They're NOT CRYPTO COMPANIES. I'm going to politely bow out of this debate, this isn't a productive use of time.
tirpen 4y ago
> Maybe Stripe stop their crypto endeavors They probably should, yes. It makes them look sketchy and less trustworthy by association.

dgfitz 4y ago

I have no idea how you made this mental leap. I don't understand the question.

colesantiago 4y ago
Not a mental leap. If you are saying 'ALL crypto is a scam' this also includes all and any crypto offerings by any company. Stripe, Coinbase, FTX, Binance, Moneygram etc are included. Not to mention the 'DeFi' space as well.
- postalrat 4y ago
  Those companies aren't immune from getting suckered in to a scam.
  - colesantiago 4y ago
    They are merely facilitating, participating and offering the services in the crypto scam no? Stripe went in to Bitcoin, exited Bitcoin, then invested into a shitcoin called 'Stellar' and went back into crypto again supporting crypto exchanges like FTX, NFTs and offering crypto payments with 'Polygon'. That is hardly getting 'suckered in'. I would argue that they are 100% fully complicit in the crypto scam. Since we agree that 'crypto is all a scam', it should mean that Stripe, Coinbase and all the other companies that have crypto operations should be called out for their participation in the scam and they should immediately shut down their operations since 'all crypto is a scam' right?
    - deleted 4y ago
      [deleted]
    - postalrat 4y ago
      The reality is that all crypto are shitcoins. And when everything is a shitcoin then the term doesn't mean anything.
- dgfitz 4y ago
  Stripe and Moneygram have a business model that can exist outside of crypto. The others you listed enable people to be scammed. I won't go so far as to call them a scam company themselves.
  - colesantiago 4y ago
    We both know that Stripe are actually fully involved in the crypto scam. They have a crypto division that will be used for crypto payments and NFTs. They also invested into a crypto token called 'Stellar' back in 2014 and said nothing since on the matter. Plus the CEO of Stripe advises Stellar. [0] Moneygram is also working on the scam as well with this Stellar token. I don't know about you but it seems that both Stripe and Moneygram are complicit in the crypto scam the same way that the crypto exchanges are. Also you said 'ALL' by the way so this means no exceptions. [0] https://stellar.org/foundation/team https://stellar.org/foundation/team
    - dgfitz 4y ago
      You have me thoroughly confused. Are you now agreeing that crypto is a scam or no?
      - colesantiago 4y ago
        > Stripe and Moneygram have a business model that can exist outside of crypto...I won't go so far as to call them a scam company themselves. Contradicts: > All crypto is a scam. As you are trying to legitimise both of them of having a 'use-case' for their crypto offerings, holdings, etc which regardless of their business models and what they do as companies, it is still all a scam. If we agree that both Stripe and Moneygram are fully involved in the scam by having heavy involvement in crypto offerings, holdings, etc, Then yes. They are a scam as well as everything they are offering is as well. No exceptions.
        dgfitz 4y ago
        No it doesn't. You're making a lot of mental leaps that I'm not able to follow. Those companies existed and were profitable BEFORE crypto. They don't NEED crypto. They're NOT CRYPTO COMPANIES. I'm going to politely bow out of this debate, this isn't a productive use of time.

tirpen 4y ago

> Maybe Stripe stop their crypto endeavors They probably should, yes. It makes them look sketchy and less trustworthy by association.