Seems like this could be easily solved with legislation without having to invent... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		Hamuko 45 days ago \| parent \| context \| favorite \| on: Valve confirms credit card companies pressured it ... Seems like this could be easily solved with legislation without having to invent new currencies. Just make it a law that payment processors are not allowed to discriminate between legitimate goods and services. If the government thinks that sugary water or porn magazines are fine to buy and sell, why should MasterCard have anything to say about it? Payment processors are basically natural monopolies, so they should be able to be regulated.

donatj 45 days ago [–]

If the last decade is proof of anything, legislation is far too fluid to be a reliable source of any sort of protection for anything.

We need real protections, that don't and can't change with the winds of political power.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact