[droopyEyelids]

With a normal transaction, goods or services are provided in exchange for money.

With a crowd funded transaction, a promise of future goods or services are provided in exchange for money. Thats why it's treated differently in the payments industry.

Another way to think of it: If crowdfunding wasn't available to the business, a loan would serve the exact same purpose, wouldn't it? And if the business got loans from multiple providers, wouldn't that be a form of crowd funding? The only difference is that traditional loan providers have to work out their own security with the business, while crowdfunders get security from the chargeback mechanisms of their payment processor.

Do you see any of what I wrote as disingenuous?