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RE: Trade Wars
Indeed. But on the contrary, it's a shame that consumers are not considering politics when they spend their money. What they should be doing:
Indeed. But on the contrary, it's a shame that consumers are not considering politics when they spend their money. What they should be doing:
You don't need to boycott PP, just tell people to use Bitcoin or Steem Dollar.
And by boycotting the other companies, that makes up most of the US economy. I am not sure that would be beneficial. But yes, too much power is concentrated in monopolistic behemoths hands.
Some diversity is needed in the corporate sector. Perhaps some blockchain projects.
It's always amusing when someone says "sure I'll join the boycott because the competing options are better anyway". That's not boycotting. A boycott means stopping the use of PayPal (in this case) particularly in cases where it otherwise makes sense to use PP for a particular situation. The advice to use crypto-currency is independent from the boycott, regardless of whether the advice is viable or not.
Furthermore, you cannot use crypto-currency to pay an organization that only accepts PayPal. Any method of transfer that might land PP money in the recipients hand ultimately still feeds PayPal.
That's very patriotic of you.
Boycotts are for people to practice ethical consumption. If one nation happens to be home of many unethical suppliers, it doesn't obviate the harm done by patronizing unethical suppliers.
If you want a positive angle, think of it as rewarding the economies of countries that aren't saturated with unethical suppliers.
Ridding the corporate sector of bad players is a good thing, of course even if diversity is temporarily reduced to make room for ethical players to replace them.
I agree, but the I just pointed out that it has to be a smooth transition to not hurt the economy.
Either way, decentralized payment systems will dominate, if not BTC then something else, and PP will be left out of the game, unless they transition their business to become like an online crypto wallet, like Blockchain.info.
PayPal is not going to be broad-sided by crypto-currency and then sink. They're probably working out how to a piece of the action as we speak, as this is fundamental to what corporations do. Consequently, it would be faulty to think a boycott is not needed.
Good, but then we won, because we made them change their business plan.
It's either adapt or go extinct, but by them adapting to us, we have the upper hand.
PayPal's business plan is not the rationale for the boycott. Have another look at why boycott Paypal if you haven't already. It's the repression of people's freedom and extreme neoconservative politics that's a problem. Adapting to the market is precisely what enables those evils to continue.
Well, once BTC goes wild, then they will seriously have to rething their policies.
Besides the rights organizations do more good with the donations, than PP does bad with their fees. They could accept BTC only, but that will cut off a large portion of their funding. So until BTC goes mainstream, they are stuck with PP.
But once BTC goes mainstream, it will all change, and they will either adapt, or their business is over:
https://steemit.com/freedom/@profitgenerator/change-the-world-using-minds-not-swords