Comment on Neo-Nazi's bank accounts frozen as private sector moves to cut off group's funding pipeline
Nath@aussie.zone 3 days agoBanks are mercenary. They have zero positions they “disagree with”. They refuse to do business with companies and organisations for only one reason: It’s unprofitable.
There are Millions of people who will alter their banking behaviour over things like “Bank X is the Nazi bank”. I would. It’s the same story with porn (not so much in Australia, but absolutely a thing in the USA). A reputation of being the “porno bank” would lead to millions of people changing their bank. And so, banks won’t do business with porn providers. If the people didn’t care, neither would the banks.
ryannathans@aussie.zone 3 days ago
Where are these people that “care” about MasterCard processing steam transactions?
hitmyspot@aussie.zone 3 days ago
We’ll, they did it on response to protests from a right wing group. I presume they worried that they would be associated with illicit content. It may be that they took a global view rather than western view of what’s acceptable.
I have no doubt that they wouldn’t care what people buy if there was nonprofit to lose.
ryannathans@aussie.zone 3 days ago
Fringe groups protest everything, it doesn’t reflect the population as a whole. They only used payment processors as a lever to achieve what they want
hitmyspot@aussie.zone 3 days ago
I get that. I don’t know that the losses add up as the group was unheard of, but they didn’t pull the ban out of their ass. I think they did everything to try and hide where it came from.