8 ms·
May as well get ahead of this, every time someone is yoinked from a platform: "If you don't like it, build your own <piece of underlying infrastructure>". [rep
by llanowarelves 4y ago
May as well get ahead of this, every time someone is yoinked from a platform:
"If you don't like it, build your own <piece of underlying infrastructure>". [repeat recursively].
More productive comment: protocols > platforms.
- ameesdotme 4y agoThis is true in many situations, but setting up full self-maintained payment processing isn't really a feasible option for small or even larger development teams. Payment processing is heavily regulated with many legal requirements, not to mention the countless security threats.
- deleted 4y ago[deleted]
- wsc981 4y agoWould be feasible with crypto though.
- tdrgabi 4y ago"Crypto payment processor SpankPay announced on Monday that it would shut down because of financial discrimination" They were using crypto. Didn't help.
- CydeWeys 4y agoI think the problem was in the gateway to USD. If they only accepted crypto, and paid it out to the sex workers, then it would work. But in the real world your average John has a credit card, not crypto, and your average sex workers can't pay their rent or buy groceries using crypto. The problem was, and always is, the gateways to fiat. And I don't see a solution to that.
- kevviiinn 4y agoSo then how do the sex workers use their wages?
- hinkley 4y agoShell corporations?
- wsc981 4y agoThere's is no user-friendly solution, but I don't see why it would not be possible to send money to/from a -say- Kraken wallet to a wallet used to buy/sell sexual services from an app. It's just a bit of hassle to transfer. Not including the on-ramp from fiat to crypto inside the app would solve the issue, I would think.
- koolba 4y agoThe first half of paying for the services maybe. But you’ve just pushed the problem of converting from crypto to $DOLLAR to the service provider. I don’t think Coinbase for example would knowingly allow a prostitute, whose inbound source of tokens is coming from a digital pimping service, to convert them to USD and then ACH the cash to her local bank.
- usrbinbash 4y agoNo it wouldn't, because that's just kicking the can down the road to the exchange provider.
- gadders 4y agoThis didn't seem to bother anyone when people were told to EG create their own facebook or Twitter.
- AnIdiotOnTheNet 4y ago...and then the people who were pissed at Facebook and Twitter went off and made their own Facebook and Twitter because making a website has very little in the way of barriers to entry. Financial services is a very different arena.
- Geezus-42 4y agoThose are not regulated. I think you missed the point.
- gadders 4y agoI don't think regulations would be the main thing stopping someone creating their own Facebook.
- eviks 4y agogovernment > protocols
- deleted 4y ago[deleted]
- Dalewyn 4y ago[flagged]
- ajvs 4y ago"Learn to code" is looking like a lot less popular advice nowadays thanks to AI...
- pdpi 4y agoEverybody keeps saying this, I just don't get it. There's whole domains where AI doing it is just infeasible. For all the other domains, who tells the AI what to do? Who knows how to be specific enough and precise enough to get the right output? Until you have full-on AGI that can talk to stakeholders, gather requirements, build an incremental mental model of what the requirements are, and all that jazz, programmers will have the same job as they do today: tell the computer what to do. It's just that we'll be using a different language to do it in.
- flask_manager 4y agoI suspect tools like this will become excellent at all the slight variations and duplicate work that goes on in a whole bunch of development work. To the point where especially for the low complexity work you get enough productivity increase that you actually begin to reduce the demand for programmers in general. I wonder what the proportions work out to be, if you break the work into "the hard bit" vs the "automatable bit", Ive defiantly worked on projects where there is one novel bit that had to be done just right, but 80% of the time was still spent setting up standard databases, payment processors, customer interfaces.
- matwood 4y agoI disagree on the reduce demand part. Companies have no shortage of ideas and products they want to implement. Execution is the limiting factor right now. I fully expect programmer demand to remain constant at first and then increase as new classes of products are made possible because of AI. BTW, this is what’s happened with every other programmer productivity increase. No company has responded with ‘cool, our product is done’ and instead has expanded what the product can do. Customers then expect more, and the cycle continues.
- IIAOPSW 4y agoIf you don't like it, go build your own universe.
- Viliam1234 4y agoElon Musk is going to colonize his own planet, but that may turn out not to be enough.
- samus 4y agoThe barrier of entry is high in the payments market. You have to follow a lot of regulations, get other payment providers to accept you, and most importantly have enough liquidity. If you are missing even a single one of these factors, then you're only playing around with Monopoly money.