4 ms·

What's a felony? Writing software that helps manage compliance with the law? That doesn't sound quite right.

by hullo 11y ago

Alupis 11y ago
> What's a felony? Frankly, it's a felony to support the drug trade (including marijuana) in any capacity. I didn't make the laws... just pointing it out. A lot of people think that since their state supports marijuana, then everyone should... but in reality businesses not in your state, especially banking institutions, have a lot of incentive to not participate. It's unreasonable to get mad at your banking institution (Stripe in this case) because they pulled the plug on a very risky customer who might have gotten them put under the Fed spotlight.
- jacquesm 11y ago
  > Frankly, it's a felony to support the drug trade (including marijuana) in any capacity. Fertilizer? Grow lamps? Water? You're going to have to draw a line somewhere, 'support' is such a wide term you could technically shut down the power company for supporting the drug trade. I think the description should at least contain a 'knowingly' and 'primarily' otherwise any garden center is at risk of being shut down.
  - Alupis 11y ago
    From the article: > A few months ago we started using Stripe as they payment gateway for our marijuana regulatory compliance software It's pretty painfully obvious this company was "knowingly" and "primarily" supporting drug trade.
    - jacquesm 11y ago
      You specifically said 'in any capacity', I quoted that to make sure there was no mis-understanding about what I was referring to, I understand the particulars of this case.
- dragonwriter 11y ago
  > Frankly, it's a felony to support the drug trade (including marijuana) in any capacity. [citation needed]
ceejayoz 11y ago
Writing software that helps manage compliance with state medical marijuana laws is also currently known as writing software that facilitates federal felonies. I don't blame Stripe etc. from avoiding even a remote possibility of the Feds coming after them.

What's a felony? Writing software that helps manage compliance with the law? That doesn't sound quite right.

by hullo 11y ago

What's a felony? Writing software that helps manage compliance with the law? That doesn't sound quite right.

> What's a felony? Frankly, it's a felony to support the drug trade (including marijuana) in any capacity. I didn't make the laws... just pointing it out. A lot of people think that since their state supports marijuana, then everyone should... but in reality businesses not in your state, especially banking institutions, have a lot of incentive to not participate. It's unreasonable to get mad at your banking institution (Stripe in this case) because they pulled the plug on a very risky customer who might have gotten them put under the Fed spotlight.

jacquesm 11y ago
> Frankly, it's a felony to support the drug trade (including marijuana) in any capacity. Fertilizer? Grow lamps? Water? You're going to have to draw a line somewhere, 'support' is such a wide term you could technically shut down the power company for supporting the drug trade. I think the description should at least contain a 'knowingly' and 'primarily' otherwise any garden center is at risk of being shut down.
- Alupis 11y ago
  From the article: > A few months ago we started using Stripe as they payment gateway for our marijuana regulatory compliance software It's pretty painfully obvious this company was "knowingly" and "primarily" supporting drug trade.
  - jacquesm 11y ago
    You specifically said 'in any capacity', I quoted that to make sure there was no mis-understanding about what I was referring to, I understand the particulars of this case.
dragonwriter 11y ago
> Frankly, it's a felony to support the drug trade (including marijuana) in any capacity. [citation needed]

ceejayoz 11y ago

Writing software that helps manage compliance with state medical marijuana laws is also currently known as writing software that facilitates federal felonies. I don't blame Stripe etc. from avoiding even a remote possibility of the Feds coming after them.