Re:Binance US No Longer Allows USD Withdrawal for Users
by rightbyte on Wednesday October 18, 2023 @12:47PM
(#37931311)
The first two examples were probably illegal (taxi laws, zoneing laws) but since big tech did it they weren't crushed and now it is de facto legal.
Re:Binance US No Longer Allows USD Withdrawal for Users
by latchkey on Wednesday October 18, 2023 @02:03PM
(#37932366)
"probably"... also ask yourself who lobbied the hardest to make those laws...
Re:Binance US No Longer Allows USD Withdrawal for Users
by JohnFen on Wednesday October 18, 2023 @01:46PM
(#37932126)
Uber was absolutely about the evasion of laws. They went out of their way to break the law and to avoid detection of their lawbreaking. It's the main reason why I will never use Uber.
Re:Binance US No Longer Allows USD Withdrawal for Users
by latchkey on Wednesday October 18, 2023 @02:01PM
(#37932344)
By extension of the argument, does this mean you also won't use USD? Plenty of people and even governments use it to break laws too.
Re:Binance US No Longer Allows USD Withdrawal for Users
by JohnFen on Wednesday October 18, 2023 @04:08PM
(#37934104)
That's not a parallel argument. It would be a better one if I avoided using Uber because other people used Uber for criminal activity. That's not my stance. My stance is that I avoid Uber because of Uber's criminal activity.
Re:Binance US No Longer Allows USD Withdrawal for Users
by latchkey on Wednesday October 18, 2023 @05:43PM
(#37935169)
“I avoid USD because of US govt criminal activity.”
Re:Binance US No Longer Allows USD Withdrawal for Users
by namaria on Wednesday October 18, 2023 @01:49PM
(#37932173)
Great examples. Heavily subsidized under-employment scheme, profiteering squeezing residential space out of communities where young people are paying upwards of half their income in rent and giant logistics sweatshops laying waste to local commerce.
Re:Binance US No Longer Allows USD Withdrawal for Users
by latchkey on Wednesday October 18, 2023 @02:07PM
(#37932421)
"how it started / how it is going" analysis of what happened to some, not all, markets.
Re:Binance US No Longer Allows USD Withdrawal for Users
by OkayPhysicist on Wednesday October 18, 2023 @01:58PM
(#37932294)
Your first two examples were predicated on the evasion of laws, and the taxi example literally states what law it was evading.
Re:Binance US No Longer Allows USD Withdrawal for Users
by latchkey on Wednesday October 18, 2023 @02:06PM
(#37932411)
Tax medallion's were created by the Taxi industry to regulate "cabs" and keep the grift going.
Using your own car as a way to give people rides, and get paid for it, fell into a grey zone because nobody had actually thought to do that before.
Let's also not forget that this is a global business with different "laws" all over the place.
Re:Binance US No Longer Allows USD Withdrawal for Users
by FireBeyond on Wednesday October 18, 2023 @02:07PM
(#37932416)
LOL. Uber literally had systems that would detect suspected LE usage and actively lie about rides.
AirBnB openly listed properties that it knew (NYC) were illegal and had been told so.
Uber allowed anyone to drive without a taxi medallion.
AirBnB allowed anyone to turn a home into a hotel.
Amazon allowed anyone to buy a book online, without having to go to a book store.
Not everything is about evasion of laws.