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by lolinder
980 days ago
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> 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? 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. |
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