It's disappointing that you're now descending into sarcastic quips rather than address the substance of my reply. You could have just abandoned the conversation without the snarky announcement.
Anyway, if that's the quality of conversation you're offering then abandoning the conversation makes sense. Have a good one.
Stripe is currently passing on these revenues. Stripe has been hostile to these revenue streams for more than a decade.
You seem to think their behavior will change after an acquisition. An acquisition that is also a (dangerous) market consolidation. I don't think they will.
How is PayPal not subject to MC rules when MC is used as a funding source for a PP account that purchases cannabis-adjacent services? Is it magic? Is it some plausible denial thing?
Also, if their only motivation is money - and lets assume that is true - then taking a few billions in high-risk money puts their other even-larger billions at risk.
Do you see that? Yes, they could get new revenue of ~30B adding to their existing ~5B. And assuming several billion in high-risk (4B?) now the question is...would you throw away 4 dollars of your 40 dollars to reduce the risk of the remaining 36? While also knowing you can grow into other lower risk markets? Would you throw away 4 high risk dollars to replace them in two years with 4 new low risk dollars?
It's disappointing that you're now descending into sarcastic quips rather than address the substance of my reply. You could have just abandoned the conversation without the snarky announcement.
Anyway, if that's the quality of conversation you're offering then abandoning the conversation makes sense. Have a good one.
Sorry. I'll try one more time then.
Stripe is currently passing on these revenues. Stripe has been hostile to these revenue streams for more than a decade.
You seem to think their behavior will change after an acquisition. An acquisition that is also a (dangerous) market consolidation. I don't think they will.
How is PayPal not subject to MC rules when MC is used as a funding source for a PP account that purchases cannabis-adjacent services? Is it magic? Is it some plausible denial thing?
Also, if their only motivation is money - and lets assume that is true - then taking a few billions in high-risk money puts their other even-larger billions at risk.
Do you see that? Yes, they could get new revenue of ~30B adding to their existing ~5B. And assuming several billion in high-risk (4B?) now the question is...would you throw away 4 dollars of your 40 dollars to reduce the risk of the remaining 36? While also knowing you can grow into other lower risk markets? Would you throw away 4 high risk dollars to replace them in two years with 4 new low risk dollars?