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by fluxem
980 days ago
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I'm not convinced by the arguments. Do the majority of creators want anonymity? I don't think so. They can set up a company and hide behind it if they do. Being an anonymous platform invites tax evasion and money laundering. Do you really want to deal with that? Why would I open up an API so that competitors can swoop in? What benefit that would provide to me? No one will use API over UI. The author clearly wants a donation platform that caters to a very niche group of users. I would guess there are less than 100 people in the world who want it (and do not need it) |
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You're completely misunderstanding their argument about pseudonymity. Patreon isn't magically exempt from KYC, they do have the real life identity of the creator. There's no legal reason why the patrons need to know everything that the company knows.
From the article:
> What that actually means is the platform has to allow creators (the people who charge money) to be pseudonymous (to use their stage name or pen names) in all of their interactions with their patrons (the people paying the money), and the platform, which is legally required to know the legal identity of the creator and have on file their relevant tax ID numbers (e.g. SSN in the US), needs to keep that legal identity confidential.