by benj111 on 1/5/2019, 7:28:50 PM
by Traster on 1/5/2019, 9:20:28 PM
I find it interesting the process that seems to have taken place here. There is quite clearly no monopoly on payment systems on the internet. There's bank transfer, visa, western union, paypal, a million different bitcoin exchanges.
So for Gab to not have access to funds either one of two things can be true. 1: There is a large conspiracy of banking organisations to stifle Gab for reasons we can speculate about. 2: Each of these organisations have seen Gab and made individual decisions about whether they want to associate themselves with Gab.
What boggles my mind is how many people think that it must be 1.
by bitxbitxbitcoin on 1/5/2019, 8:35:29 PM
Operation Choke Point still lives. It isn’t Coinbase’s fault though, arguably.
I'm not a fan of gab by any stretch, but I find it deeply disturbing that payment processors can unilaterally withdraw service like this.