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Do you think Stripe is doing this just to be a dick? It's because if it turns out to be money laundering, theft, or fraud, Stripe gets shafted financially (bes
by bpodgursky 4y ago
Do you think Stripe is doing this just to be a dick?
It's because if it turns out to be money laundering, theft, or fraud, Stripe gets shafted financially (best case), and fairly likely FBI agents show up and start asking pointed questions.
- marcinzm 4y agoStripe is doing what it needs to optimize it's revenue/profits/value which does not mean it's the right or best thing for all it's legitimate customers. Stripe is free to do what it does and we are free to call them out for the pain it causes their customers.
- yieldcrv 4y agoyou literally just described putting paranoid financial services on a pedestal most of these things are: - poor company policies masquerading as response to a law but are actually - poor implementations of a - poor legal interpretation
- bpodgursky 4y agoI think it's far more likely a mediocre implementation of a correct legal interpretation of a poor regulatory system.
- yieldcrv 4y agothats why you need criminal banks like Wells Fargo and HSBC great user experience because they dgaf and their relationship with the Federal Government wont be altered