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You may not fully understand the situation based on what you wrote. My company is suing California, not Dwolla. You cannot just start doing business in a state
by thinkcomp 15y ago
You may not fully understand the situation based on what you wrote. My company is suing California, not Dwolla. You cannot just start doing business in a state where you are suing the same regulators who have already threatened you with jail time for doing business. This isn't a matter of out-innovating.
The clever manner that Dwolla found to get around the law was to break it and ignore it and hope no one would notice. That's why I think it's worth writing about.
If my lawsuit against California is successful, then my company and Dwolla will be able to compete on a level playing field, which is the ideal situation. The lawsuit isn't designed to prevent innovation, it's designed to allow it.
So as you can see, you have the entire situation backwards. Instead of telling me to stop (which I won't, because I'm as entitled to voice my opinion about these laws and the way companies are skirting them as everyone else was to voice their respective opinions about SOPA), some support would be nice. Maybe your company would like to get into payments one day, too, and if so you shouldn't have to run the risk of jail or being shut down arbitrarily.
- noahc 15y agoYou are probably correct in that I don't doubt you that I got that detail wrong. I'm sorry I got these details wrong, but I still think my point stands. Aaron, I'm giving you support through tough love. I'm telling you that the way you show up on these threads and behave isn't doing you any favors. That's all. I appreciate the effort to campaign for this -- long term it's probably a good thing for startups assuming you can set the right precedent. However, it goes back to the resourcefulness bit, in the long term my money is on Dwolla succeeding because they are focused on building stuff and skirting the regulation. I know you've had issues getting VC money, and I think this is why. I'm not trying to start a flame war, just some suggestions on how you appear to the HN population. I wish you the best of luck, and if nothing else you're very persistent.
- thinkcomp 15y agoUnderstood. Nonetheless, I draw a distinction between "resourcefulness" and willingness to break the law, in this situation and others.