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It is a massive disappointment that Stripe is getting involved in facilitating scams and ransomware by accepting ‘crypto payments’. I think it’s about time to

It is a massive disappointment that Stripe is getting involved in facilitating scams and ransomware by accepting ‘crypto payments’. I think it’s about time to move off Stripe to other payment providers that don’t accept crypto since Stripe is becoming more hostile and banning customers and shutting down their accounts for no reason. I am betting that Stripe chose crypto to avoid more chargebacks (that crypto does not support)

spxneo 3y ago
I am quite taken back by Stripes decision here but dissing PG's golden boy will get me banned so I suggest everybody to read @bitfinexed on X on why USDC/Tether is extremely shady. but I don't know which payment processor like Stripe can do the following: - marketplace onboarding for buyers and sellers - crowdfunding - mass payouts/intermediary payouts - doesn't hide fees for dashboard
- nailer 3y ago
  Tether is USDT not USDC. Different organisations with different degrees of capitalisation and different degrees of transparency.
  - spxneo 3y ago
    we are all aware. seems weird that you would point this out.
    - nailer 3y ago
      > > > I suggest everybody to read @bitfinexed on X on why USDC/Tether is extremely shady. > > These are not the same people. > we are all aware You wrote 'USDC/Tether is' as if that was a singular item. If you thought they were separate items you would have written 'why USDC and Tether are extremely shady'.
hanniabu 3y ago
> since Stripe is becoming more hostile and banning customers and shutting down their accounts for no reason Start using Ethereum, it prevents this. Stop using intermediaries. The solution is right in front of you, but you're too distracted by the scams to see what the technology enables. Yes it's unfortunate that so many scams exist and give the entire ecosystem a bad name, but scammers exist everywhere. Is email a scam because of scammers? Are phones a scam because of scammers? Is the stock exchange a scam because of scammers? No, and this is no different.
- MuffinFlavored 3y ago
  > Stop using intermediaries. How do you get people with fiat to pay you in USDT/USDC?

spxneo 3y ago

I am quite taken back by Stripes decision here but dissing PG's golden boy will get me banned so I suggest everybody to read @bitfinexed on X on why USDC/Tether is extremely shady. but I don't know which payment processor like Stripe can do the following: - marketplace onboarding for buyers and sellers - crowdfunding - mass payouts/intermediary payouts - doesn't hide fees for dashboard

nailer 3y ago
Tether is USDT not USDC. Different organisations with different degrees of capitalisation and different degrees of transparency.
- spxneo 3y ago
  we are all aware. seems weird that you would point this out.
  - nailer 3y ago
    > > > I suggest everybody to read @bitfinexed on X on why USDC/Tether is extremely shady. > > These are not the same people. > we are all aware You wrote 'USDC/Tether is' as if that was a singular item. If you thought they were separate items you would have written 'why USDC and Tether are extremely shady'.

hanniabu 3y ago

> since Stripe is becoming more hostile and banning customers and shutting down their accounts for no reason Start using Ethereum, it prevents this. Stop using intermediaries. The solution is right in front of you, but you're too distracted by the scams to see what the technology enables. Yes it's unfortunate that so many scams exist and give the entire ecosystem a bad name, but scammers exist everywhere. Is email a scam because of scammers? Are phones a scam because of scammers? Is the stock exchange a scam because of scammers? No, and this is no different.

MuffinFlavored 3y ago
> Stop using intermediaries. How do you get people with fiat to pay you in USDT/USDC?