> believe Visa would argue that stripe is laundering money through cryptocurrencies to get around high risk payment processing > It would do so under the guis

> believe Visa would argue that stripe is laundering money through cryptocurrencies to get around high risk payment processing > It would do so under the guise of preventing terrorism, child exploitation, and money laundering. It doesn't really care about these things all that much. I don't think this would realistically happen. But I doubt visa would be pleased about being a crypto on ramp. Most "high risk" credit card businesses (read: porn) are high risk due to charge-backs. Something Something about telling your wife you didn't actually pay for that... If you use crypto to buy porn... no chargebacks to the business, so the business isn't risky. The big risk becomes stolen credit cards, where StolenCC->Crypto becomes a perfect avenue to steal from Stripe/CC Company. You move the crypto, then let the CC owner charge-back stripe or the CC company for the funds. The thief gets to keep the crypto, the victim gets their money back, but the big corps have to eat the cost. That last bit (who loses) is why this project might die. Visa isn't really focusing on catching terrorism or whatever, they're trying to avoid chargebacks due to fraudulent behavior.