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Any corporation whose business is financial in nature and focused on facilitating commerce- banks, payment processors, and everything else- should be required t
by efitz 1y ago
Any corporation whose business is financial in nature and focused on facilitating commerce- banks, payment processors, and everything else- should be required to function as a common carrier. They should be allowed to alter prices to adjust for provable differences in risk, for example if transactions involving a particular seller or a particular class of product have a much larger than average dispute rate- but they should not be allowed to deplatform any customer for any reason not directly related to fraudulent or illegal behavior.
- zavec 1y agoIt reminds me of net neutrality.
- betaby 1y agoNet neutrality exists defacto in US and Canada.
- rf15 1y agoIt really does not, considering all the wiggle room ISPs and websites abuse.
- betaby 1y agoAny example in US/Canada in the context of ISPs specifically? Look, I like to rant about my ISP and their pricing, but I don't see where and how they violate net neutrality specifically.
- BobaFloutist 1y agoIf we've learned anything from the current US administration, it's should be that defacto is only as stable as consensus is, and takes unacceptably little to subvert.