3 ms·

I wonder if things looked different if you had a legal team and deep pockets. It's worrying that this concentration of wealth and such services acting as gatek

I wonder if things looked different if you had a legal team and deep pockets. It's worrying that this concentration of wealth and such services acting as gatekeepers and essentially deciding whether you can run your business or not are not properly regulated yet. I mean, it certainly plays into hands of big corporations, who don't want to see new players and challengers on the market. The way things seem to be going is talented people shouldn't run their own business, but rather be employees of big corporations and help shareholders buy new private jets and so on. In my opinion, company like Stripe shouldn't be allowed to block small business like that.

josephcsible 3y ago
Maybe the laws should be changed so that freedom of association is properly only a human right, and for corporate persons, instead having it be a privilege that phases out as the corporation grows, and going away entirely for FAANG-sized corporations.
- lotsofpulp 3y ago
  Laws should mandate the federal government operate an electronic money account and transfer capabilities to everyone at all times. Just like the federal government is tasked with issuing cash. If there are illegal activities being done, then that is for the courts to decide (but they still do not get to take away the electronic money account and receiving/sending capability of anyone, just the money assuming conviction).
  - evandale 3y ago
    This is an interesting idea, is there any reason why the government owns the supply of money but they don't own a way to transfer it? Especially with electronic money, why isn't there a government payment processer? It kind of touches on the topic of taxes too, doesn't it? If the government owned a transaction system and you used that exclusively then they'll know everything you bought and sold. It's already an honour system so it's not like you're eliminating cash or even need to. Paranoid people could continue to use cash and the tax system would work exactly the same for those people. The government transaction system would be a convenience for most of the population. I'm spitballing here - my comment may not even make sense in context.

josephcsible 3y ago

Maybe the laws should be changed so that freedom of association is properly only a human right, and for corporate persons, instead having it be a privilege that phases out as the corporation grows, and going away entirely for FAANG-sized corporations.

lotsofpulp 3y ago
Laws should mandate the federal government operate an electronic money account and transfer capabilities to everyone at all times. Just like the federal government is tasked with issuing cash. If there are illegal activities being done, then that is for the courts to decide (but they still do not get to take away the electronic money account and receiving/sending capability of anyone, just the money assuming conviction).
- evandale 3y ago
  This is an interesting idea, is there any reason why the government owns the supply of money but they don't own a way to transfer it? Especially with electronic money, why isn't there a government payment processer? It kind of touches on the topic of taxes too, doesn't it? If the government owned a transaction system and you used that exclusively then they'll know everything you bought and sold. It's already an honour system so it's not like you're eliminating cash or even need to. Paranoid people could continue to use cash and the tax system would work exactly the same for those people. The government transaction system would be a convenience for most of the population. I'm spitballing here - my comment may not even make sense in context.