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A comment on NYC Man Earns $55,000 A Year Peddling Candy On Subway. Parent comment

Re:NYC Man Earns $55,000 A Year Peddling Candy On Subway by cemregr on Saturday December 03, 2011 @01:44PM (#3308404)
Just of the top of my head I could say Paypal (when they started out) and AirBnb operate in legal grey areas.
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Re:NYC Man Earns $55,000 A Year Peddling Candy On Subway by sliverstorm on Saturday December 03, 2011 @07:52PM (#3309440)
AirBnB operates in a grey area? That's certainly putting it nicely. How dark can grey be before it is black? :)
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Re:NYC Man Earns $55,000 A Year Peddling Candy On Subway by TheAmazingIdiot on Saturday December 03, 2011 @06:33PM (#3309235)
Paypal still isnt a licensed money transmitter in Indiana. https://www.paypal-media.com/state_licenses.cfm

And, Indiana also requires licensure for money transmission. IC 28-8-4-20 (a) A person may not engage in the business of money transmission without a license required by this chapter.

Therefore, Paypal is illegal in Indiana. But the only reason why I think they haven't been 'busted' is because nobody has complained yet to the appropriate Indiana authorities.

edit: I've been heavily criticised by OstiaAntica for this comment for being "anti-hacker". But I'm simply stating facts, and an opinion as why I think why. http://news.ycombinator.com/item?id=3088836

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Re:NYC Man Earns $55,000 A Year Peddling Candy On Subway by jrockway on Saturday December 03, 2011 @10:44PM (#3309791)
More likely, Indiana doesn't have any legal jurisdiction over Paypal. Just because something is a law in one place doesn't mean it's a law in another place, even if you have customers that are covered by the law.
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