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anyone ever notice the desparity between objections to everything and not understanding the issues.
no one here has talked about WHY it is happening.
just that they are against it.
the conspiracy theories start running wild about how everyone wants to fuck you, take your money, rip you off etc.
raising the barrier to entry in a business that traditionaly not had a low or non existent barrier to entry (free host, free content etc) is good for the overal health of the industry. that is what Brad is saying (though he tends to use more inflamatory language when making his points).
people did not care about any processing issues when it was not their problem. now it is their problem so it must be about some greedy conspiracy by credit card companies to lock themselves out of a billion dollar industry???? that seems a little absurd.
Visa was clear for years that things were going to get tighter and tighter. unless you live under a rock, or you just started stealing content to post on a freehost yesterday, you had to have known that. they have spoke out many times about how much money fraud and chargebacks cost them.
crisis = opportunity for true business people
crisis = death for people who were never businessmen to begin with.
this is your chance to innovate, to be creative, to be better and capitalize on a changing situation that few will adapt to.
Hats off to Hooper for recognizing that right away and offering to start cashing you guys out. Thats why he is a millionaire. he did his homework, he understood the situation, now he is going to start capitalizing on everyones bullshit gloom and doom, conspiracy theories about the end of the world.
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