Author

Topic: VISA drops Americas largest gun shop (Read 2379 times)

member
Activity: 74
Merit: 10
September 29, 2013, 11:56:02 AM
#15
ETA: Hyatt site says they already found another credit processor.
This is actually the free market at work--another company willing to provide the service.  Forcing the original company to provide a service they don't want to is the opposite of free market. And the subject of this thread is wrong and misleading.  I hate Visa as much as most here but this has nothing to do with Visa. I'm a gun owner and don't want to be told what I can and can't do in this regard, and others should be allowed the same liberties.  Golden Rule and all that...
legendary
Activity: 1036
Merit: 1000
September 29, 2013, 07:30:55 AM
#14
It would be a free market at work if there were no artificial barriers to entry for financial service businesses and banks.

This cannot be emphasized enough.
hero member
Activity: 899
Merit: 1002
September 28, 2013, 07:57:53 PM
#13
I'm surprised more 'Murica gun nuts aren't all over Bitcoin since it keeps their purchases out of visa databases.
It's already pretty heavily logged and usually requires background checks, no matter how you pay.
ETA: Hyatt site says they already found another credit processor.

True but not all databases are created equal :) For example it may require (some) governments to get warrants and authorization to go through gun records however a Visa database they might be able to search with zero restrictions/oversight.
donator
Activity: 1218
Merit: 1015
September 28, 2013, 07:50:22 PM
#12
I'm surprised more 'Murica gun nuts aren't all over Bitcoin since it keeps their purchases out of visa databases.
It's already pretty heavily logged and usually requires background checks, no matter how you pay.
ETA: Hyatt site says they already found another credit processor.
hero member
Activity: 899
Merit: 1002
September 28, 2013, 07:42:42 PM
#11
Authorize.net sucks, Stripe will probably take them, or another card company.
I'm surprised more 'Murica gun nuts aren't all over Bitcoin since it keeps their purchases out of visa databases.
sr. member
Activity: 476
Merit: 250
September 28, 2013, 06:17:00 PM
#10
I think bitcoin is too small a market for them to care about us. not that i buy guns....
sr. member
Activity: 322
Merit: 250
September 28, 2013, 05:35:40 PM
#9
Hyatt Gun Shop, America’s largest gun shop, has been dropped by authorize.net. Authorize.net is a solution of CyberSource Corporation, a wholly owned subsidiary of Visa.

Dear Hyatt Gun Shop Inc,

Authorize.Net LLC ("Authorize.Net") has determined that the nature of your business constitutes a violation of Section 2.xiv of the Authorize.Net Acceptable Use Guidelines and Sections 3.3 and 11.3 of the Authorize.Net Service Agreement (the "Agreement"). These sections include, but are not limited to, the sale of firearms or any similar product. Accordingly, pursuant to Section 4 of the Acceptable Use Guidelines, your ability to access and use the Authorize.Net Services will be terminated on September 30, 2013.



Support Grass Roots North Carolina is petitioning authorize.net.
http://paracom.paramountcommunication.com/hostedemail/email.htm?CID=17036691827&ch=6F3C1568ABCA8EBCA9051ABBE4B64EEA&h=7f114fe861960717318cb069104c9bc5&ei=W4u5BU6fN


This would be a good opportunity to petition Hyatt Gun Shop to start accepting bitcoins.
http://www.hyattguns.com/

where is the link to the petition for them to accept bitcoins? theres another thread with a 5btc bounty for new recruits!!
sr. member
Activity: 388
Merit: 250
September 28, 2013, 05:21:58 PM
#8
Remember that there are hundreds of credit card processors out there. This is just one that doesn't want to do business with shops that sell fire arms. There is probably another that won't do business with the porn industry. Its odd that they allowed the gun shop in as a customer in the first place and decided to terminate their account which is the only reason this is even remotely news.
legendary
Activity: 1400
Merit: 1009
September 28, 2013, 05:14:25 PM
#7
It would be a free market at work if there were no artificial barriers to entry for financial service businesses and banks.
sr. member
Activity: 388
Merit: 250
September 28, 2013, 05:04:54 PM
#6
This is the free market at work. If the card processor doesn't approve of gun sales, then they don't have to keep their customers that sell guns. Its not a guaranteed right that a credit card processor has to give you services.

I fully support the responsible owning and use of firearms, I also like to see the free market in action.
sr. member
Activity: 476
Merit: 250
September 28, 2013, 05:03:15 PM
#5
That's corrupt. Providers shouldn't be able to choose what customers can or cannot buy.

They aren't.
They are choosing which businesses they choose to have as their customers.
Or do you think authorize.net should be forced to accept customers they don't want?
member
Activity: 122
Merit: 10
September 28, 2013, 04:54:03 PM
#4
That's corrupt. Providers shouldn't be able to choose what customers can or cannot buy.
legendary
Activity: 4592
Merit: 1276
September 28, 2013, 03:59:31 PM
#3
OTOH, if somehow cash was deprecated to the point of non-use under a situation where 'naughty' purchases were already cut out from the electronic systems, it could be a pretty devastating combination punch.  I don't see such a deprecation as being eminent, but I also don't completely rule it out under a scenario of extreme economic crisis.

In that case everything will be sold on a black market. Then you will have "unsavory" individuals making lots of money.

Basically the "war on drugs" tenfold along with all the wonderful things that brings us.

One of the many things that would bring would be an increased justification for fine grained surveillance and other methods of population management.  Some may not see that as a particularly bad thing, and that would be particularly the case when faced with a loss of exploitative abilities which have evolved in conjunction with the evolution of our current monetary solutions.  Monetary solutions which I feel are probably nearing the end of their natural lifecycle.

legendary
Activity: 4592
Merit: 1276
September 28, 2013, 03:43:31 PM
#2
In my part of the world I now pay and extra few cents per gallon for gasoline and diesel if I use either my credit card or debit card.  So, I drop by the ATM and pull out a pocket full of cash regularly.  No biggie for me, and to be honest it helps to be forced to 'do the right thing.'

Using cash for purchases of this and that, and in particular in the provision of sensitive material, is really counter-productive to the goal of individual population surveillance.  This tells me that there is less than perfect coordination between financial institutions and our internal surveillance frameworks.  I view it as a good thing.

OTOH, if somehow cash was deprecated to the point of non-use under a situation where 'naughty' purchases were already cut out from the electronic systems, it could be a pretty devastating combination punch.  I don't see such a deprecation as being eminent, but I also don't completely rule it out under a scenario of extreme economic crisis.

hero member
Activity: 669
Merit: 500
September 28, 2013, 02:31:37 PM
#1
Hyatt Gun Shop, America’s largest gun shop, has been dropped by authorize.net. Authorize.net is a solution of CyberSource Corporation, a wholly owned subsidiary of Visa.

Dear Hyatt Gun Shop Inc,

Authorize.Net LLC ("Authorize.Net") has determined that the nature of your business constitutes a violation of Section 2.xiv of the Authorize.Net Acceptable Use Guidelines and Sections 3.3 and 11.3 of the Authorize.Net Service Agreement (the "Agreement"). These sections include, but are not limited to, the sale of firearms or any similar product. Accordingly, pursuant to Section 4 of the Acceptable Use Guidelines, your ability to access and use the Authorize.Net Services will be terminated on September 30, 2013.



Support Grass Roots North Carolina is petitioning authorize.net.
http://paracom.paramountcommunication.com/hostedemail/email.htm?CID=17036691827&ch=6F3C1568ABCA8EBCA9051ABBE4B64EEA&h=7f114fe861960717318cb069104c9bc5&ei=W4u5BU6fN


This would be a good opportunity to petition Hyatt Gun Shop to start accepting bitcoins.
http://www.hyattguns.com/
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