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by bitcoinbutter
2399 days ago
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Yes, one big issue is that payment processors are incredibly centralized and massive. These two combined means that they are incentivized to de-risk their platforms and stop serving customers they determine to be "high risk". "High risk" is often mistaken for illegal, but that's incorrect. Many industries that are completely legal are still viewed as high risk and become deplatformed. Small companies are at the highest risk of being deplatformed. Crypto currency allows anyone to send and receive money, without depending on the blessing of a third party which can decide whether or not to serve your business. Access to the financial system is not seen as a basic human right. |
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