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Comment Re:Internet *cash* (Score 1) 71

I mean broken clocks are right twice a day and this guy just might be.
You could take crypto for high risk processing, I guess. then all the risk would be on the merchant's side and they couldn't blame the processor. Different risk, but still. No charge backs, but risk of hacks and all your money disappearing, yes. or at least money not converted back to USD immediatly. Oh and high barriers of risk for customers as well who have to convert currency to whatever dumb crytpo they choose and spend before hack. Would that be preferrable? Not sure, but They could try.

Comment Re:How can you be so stupid? (Score 0) 14

Yeah ok. I guess the scam makes sense now. I thought he might have been able to just keep the scamming to a minimum by selling Samsung with a cool gold sticker, but if he just took all the money and only made 1.3 million, I understand why he didn't stick to the low level scam. He made the right scummy choice. Its incredible that they bothered prosecuting him for 1.3 million.

Comment Re:Steam is Afraid of Being De-Banked (Score 1) 123

Sorry, the vast majority of numbskulls on here don't bother researching beyond a rage inducing headline written by the equally logic impaired. The narrative they choose to believe is that advertisers censor. And payment providers charge more because they hate nudity.

They can't be taught logic. like:
  money good. Advertisers want money. Advertisers make rule to make more money.
Bank also want money. Bank also make rule to make more money.

Comment Legal ID requirement with VPNS incomming (Score 2) 36

Given the state of the laws on Technology, we should see that come to pass where Anonymity is legally banned. While other smaller companies may be able to set up shop, or you can deploy your own VPN somehow without tracing it to yourself, any public for profits will have to comply with the law. So this is a neat tech implementation that may not end up mattering much in the near future.

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Disclaimer: "These opinions are my own, though for a small fee they be yours too." -- Dave Haynie

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