- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
A lawyer representing the online message board 4chan says it won’t pay a proposed fine by the UK’s media regulator as it enforces the Online Safety Act.
According to Preston Byrne, managing partner of law firm Byrne & Storm, Ofcom has provisionally decided to impose a £20,000 fine “with daily penalties thereafter” for as long as the site fails to comply with its request.
“Ofcom’s notices create no legal obligations in the United States,” he told the BBC, adding he believed the regulator’s investigation was part of an “illegal campaign of harassment” against US tech firms.
They never did they just dont have any backbone because its run by pussies.
Thing is that all credit card transactions are settled by US companies. Try running an online business without the ability to charge by card.
China with WePay/AliPay enters the room
If the one standard is really shitty, having more standards is not that bad after all. EU definitely have a big enough market to start their own payment processing standard.
Europe is working on that, in Spain we have Bizum and I’m sure there’s equivalents in other European countries. We need to standardise it and make it work as seemlessly as contactless card pay. There’s some places where you can do it pretty easily already, but it takes time.
Nah humans can’t do an economy. Finding a system that removes exchanges from the world is the only viable method. We have plenty of evidence we can’t do an economy anyways.