3 ms·
The payment processors are complying in advance with laws that don't exist yet but are expected to be made. The Visa Global Government Affairs Department and th
by OgsyedIE 1y ago
The payment processors are complying in advance with laws that don't exist yet but are expected to be made. The Visa Global Government Affairs Department and the Mastercard Government Affairs & Policy Team hire historians and political scientists with years of policy industry experience to assess the political risks of failing to align with the ruling party of the country they are headquarted in.
For example, one of the major banks in Weimar Germany was Mendelssohn & Co., which did not align with the ideology of the post-1933 government. In 1938 the bank was liquidated and the assets forcibly absorbed into Deutsche Bank. The executives of Mendelssohn & Co. who were not already members of the Nazi party were all arrested and later murdered in the Holocaust, with the exception of Rudolf Loeb who fled to Argentina and died in 1966 and Paul Kempner who fled to the United States and died in 1956.
- cozyman 1y ago[flagged]
- OgsyedIE 1y agoPorn sites that host such content do not deliberately choose to host it, they are forced to host it by criminal users, because the website allows user uploads without content scanning, which allows users to upload anything and have it only get moderated after it is already live. The existence of companies that fail to do an excellent job of preventing the upload of child pornography and rape is a trade off. In exchange for giving section 230 to everybody, including porn hosts that fail to perfectly vet their content, the existence of youtube, hacker news and [insert your favourite social media] is enabled. Having the wrong things only get moderated after they are put on the internet, instead of before, is the price we pay to allow good things to get put on the internet. After all, you certainly wouldn't like to be in a situation where you reply to me and have to wait three hours for a janitor to check that your reply is acceptable before your reply could go live, would you? The current system avoids that hypothetical negative.
- dpoloncsak 1y agoBro that exact content gets uploaded to YouTube everyday too, but nobody's cutting Google's payments off