throwaway5678i

4 ms·

1. 1.▲
   by throwaway5678i 4y ago

   Yup, and these merchants are keenly aware of that unfortunately. When the news broke of the change, suddenly they all became very concerned about taxes and reporting. We've actually done a good bit of work on our end to clear up what
2. 2.▲
   by throwaway5678i 4y ago

   Essentially, we want to monetize transactions with a % fee through a payment handling offering for the merchant on top of our (free) platform. We give them tools to run their business but charging them appropriately for it is difficult sinc
3. 3.▲
   by throwaway5678i 4y ago

   It's a mix of both, but the "hobbyist" portion is a quite bit larger. From what we gathered from our data and speaking to some customers directly, we have the belief that their profit margins are thin enough to the point wher
4. 4.▲
   Ask HN: Our users don't want to pay taxes

   85 points by throwaway5678i 4y ago|75 comments