Quote:
Originally Posted by EdgyBuzz
I work in mergers and acquisitions. It's part of my job to dive into what adult companies looking to buy or sell are dealing with in regard to banking compliance.
Part of what I love about my job is that I get to see how so many different companies have evolved and adapted as change has affected the industry.
One of the worst parts of my job is seeing people work for years and then find themselves out of business because they didn't adapt to the times before it was too late. It's also pretty unfortunate to see people try and sell something that they've created and eventually destroyed themselves by assuming that change didn't apply to them.
Trust me when I tell you I'm in no way confused by what you said or the way things are or that it's a pain for people to have to jump through these hoops. I simply wouldn't choose to die on the hill that you are standing on.
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Die on the hill? As if I'm suffering by refusing to sell traffic to affiliate programs that do this kind of thing.
The why is not the is central issue. People can spend all day long speculating as to why companies are doing this. Does the government really require CCBill to KYC affiliate webmasters? I doubt it. Complete contortion of rules and regulations. But whatever the reason, the what is the issue. It's not right. Whether it is CCBill's fault or not, it's not right. It isn't innovation. It's authoritarianism.
As one who supports free markets, CCBill certainly has the right to do whatever it wishes to affiliate webmasters. Just like affiliate webmasters - including myself - have the right to refuse to do business with CCBill or Gamma. But let's say it is government law that demands CCBill KYC affiliate webmasters. That shouldn't be the case. In fact, banks shouldn't even be required to KYC. If a bank wants to KYC, they can. If they don't want to, they shouldn't have to. Whose business is it whether or not an affiliate program doesn't KYC me and still buys traffic from me? FYI: Most affiliate programs have not tried to KYC me. Now if I was borrowing money from CCBill, and CCBill was my financier, I'm sure CCBIll would want to know everything it can about me. But why does CCBill need to see a utility bill to buy website traffic from me? If government is driving that, that's a problem. It is nobody else's business what two consenting adults want to do in bed or at the business table. What's discouraging is so many people on this thread believe it is their business to insert themselves into the middle of other people's business. I think the most pointed question here is: how is it right to COMPEL companies through the force of law to KYC affiliate webmasters? Maybe you think it's a good idea for companies to KYC affiliate webmasters. But that doesn't mean you have to favor compelling companies to do that, denying companies the choice. You want to force CCBill to do that?