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It's too bad that Square gets all the press when the tech community should really be spending (at least some of) its energy trying to defeat a law that makes it
by thinkcomp 14y ago
It's too bad that Square gets all the press when the tech community should really be spending (at least some of) its energy trying to defeat a law that makes it a federal crime to start a payments company that actually does change things.
See http://www.aarongreenspan.com/writing/essay.html?id=86 http://www.aarongreenspan.com/writing/essay.html?id=86
- erikpukinskis 14y agoI support your cause, so I'm going to give you some feedback. Feel free to ignore it. I've seen a lot of posts and comments from you on HN. I've visited FaceCash a number of times. You've built some cool infrastructure, and I think many of your visions about what the future of money should look like are spot on. That said, you come across as having a lot of anger and entitlement and that makes me want to ignore you, even though I think you're totally right that our payment laws are messed up. Complaining about competitors doesn't help you, it just makes you look like a whiner. Square is making very crafty strategic moves to slowly maneuver around the regulatory issues that are sinking you. It's bullshit that they have to, yes. But that's what they're doing. Criticizing them or the press they're getting just looks like sour grapes to me. If you made a strategic plan to actually route around the screwed up stuff in the system, or to chip away at the edges of the problem with concrete steps, without denigrating other people who are trying to innovate in the space, I would feel a lot better about supporting you. But as it is it seems like you're just going to complain about the state of affairs while your business gets ensnared in well documented roadblocks. Again, feel free to ignore this. I could be totally wrong about your strategy. I just wanted to give you the feedback since you seem to be soliciting support and may be interested in why people aren't lending it.
- daemon13 14y agoErik, great feedback