The group responsible is “Collective Shout”, the same org has targeted Steam before.
There are calls on social media now to contact Mastercard, Visa and co. and file complaints.
The group responsible is “Collective Shout”, the same org has targeted Steam before.
There are calls on social media now to contact Mastercard, Visa and co. and file complaints.
It’s nice to see a more reasonable response in the comments on Fediverse. On the itch discussion board people are frothing at the mouth posting death threats and the like against itch staff.
The anger is completely misdirected. I wouldn’t be surprised if they decide to just let itch drop dead after this abuse from two sides simultaneously. Mega corps and rights groups at one side, and their very own users on the other.
Itch is even willing to go for partial filtering, what more do you want. The only thing that will please these people is when itch waves their magic wand and keeps everything as is.
kind of a clever way to say “hey don’t give us grief, if you want to change this go complain to visa and mastercard.”
It’s kinda impossible to regulate technically. That’s the whole point of crypto. Or do you mean that the company itself might be legally prohibited to accept crypto by their local law? That’s possible I think. I guess we’re slowly but steadily approaching the demand to have actual darknet fully-crypto gaming platform operated by anonymous team.
Crypto has serious weaknesses on the payment processing side of things when it comes to small to medium business purposes.
Not to mention your still beholden to the traditional payment processors the moment you want to get your money out of crypto and back into an actual usable form.
Crypto is great. As long as you stay within its ecosystem the moment you need to sit on the line where you’re transferring in and out real money to crypto crypto to real money on a small scale with frequent processes. You just end up right back where you started.
Visa, MasterCard, PayPal and many others have already made sure to have methods to put pressure on that middle link between crypto and real money. So even if you try and sidestep them, don’t worry. They’ve thought of it too.
Making crypto backed by more and more things (like games) makes staying within its ecosystem more comfortable in the long run.
Yeah, but there are already tons of widely-known legal services everybody uses like Coinbase, Binance, etc, which make it easy to P2P from card to crypto and it’s impossible to control money flows after it turns into crypto, which means controlling how people spend their money like this would be impossible. But yeah, regarding big players like Steam adopting crypto and converting into/from real money on large scale - and what payment processors can do about this if they are pissed off - this is something I have no idea about. But people like Elon Musk probably do this a lot with incredible volumes of money.
No it’s not.
Elaborate please.
Nearly every cryptocurrency (aside from like Monero), is a literal open, transparent ledger that anyone can (and do) view and analyze.
It’s not anonymous at all.
Look, when you use some platform with KYC, they indeed can tie that id information you give them to your internal addresses you use on the same platform. But the moment you send it to your external wallet that link is lost. They can see the transaction but they don’t know and can’t check if that destination address belongs to you, or it’s a person who sold you something, or it’s your friend/relative, or someone you donated to, etc.
This is naive and incorrect. There is a reason why darknet markets these days only deal in Monero, for the most part.
I’m not saying it’s trivial, but there are literally corporations dedicated to analyzing block chains for law enforcement. It’s an entire industry.
yes, even without KYC, one opsec fail and they can get quite a info on you, things like usage patterns and eventually potentially a profile, upon which will probablycreate a “credit score” of sorts and probably sell advertising data too because why not!?
Except Monero and a few exceptions, AML and KYC checks are everywhere. Tainted coins and shit.
Crypto goes somewhere that they don’t like? Crypto is seized when it reaches an exchange and they ask for ID and source of funds
I don’t understand. Lets say I have a normal bank card, I paid taxes for all the money I got there. Sometimes I buy crypto using p2p on some platform using this card. I trade this crypto with some other crypto on the same platform. Periodically I send crypto to my personal wallet from there. From my personal wallet I buy porn games for example. At which point someone comes in and seizes anything?
They would not, but you would not be anonymous this way. You get problems when:
As long as you stay with centralized exchanges and directly send crypto to some websites, you should in theory always be fine (as long as you don’t send them to criminal or pro-privacy services), but that’s not the original goal of crypto
Apart from that, some countries straight up force you to declare every transaction you make with crypto, which isn’t doable for most people and puts them in illegality
You don’t have to send crypto from exchange directly to websites. You can send it to your external wallet (outside of any platform), and spend from there. And no one’s ever going to be able to prove that wallet belongs to you.
It’s basically the same as directly sending
The exchange will know what you spend crypto on
They don’t need to, crypto is already heavily regulated. If you’ve been alive at all in the past decade, you know this.
Sounds like the bar is so low to be even comparing the two sites.