3 ms·
I don't see how you can say that and not feel the same way about payment providers. If AirBnB is not on the hook for activity that happens explicitly and exclu
by wdewind 12y ago
I don't see how you can say that and not feel the same way about payment providers. If AirBnB is not on the hook for activity that happens explicitly and exclusively on their platform I don't see why we should hold banks accountable for illegal activity that happens on their platforms.
- psaintla 12y agoBanks shouldn't be held accountable for illegal activity that occurs on their platform unless they are complicit in the activity neither should AirBnB. If the government comes to AirBnB or a Bank with evidence of criminal activity they should then have act but neither should be in the business of policing on behalf of the government. I would agree with AirBnB having to be audited so that the gov't could do the policing but that's about it.
- wdewind 12y agoWell the entire US legal system disagrees with you so I guess this is just where we part ways. http://www.bloomberg.com/news/2013-07-02/hsbc-judge-approves-1-9b-drug-money-laundering-accord.html http://www.bloomberg.com/news/2013-07-02/hsbc-judge-approves...
- psaintla 12y agoFor banks... we're discussing short-term real estate rentals.