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Mike's avatar

What was the mechanism causing Visa and Mastercard to halt payments? Is this a case of explicitly public lobbying (or fear thereof) or internal company moral stuff?

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Max's avatar

Huge missed opportunity for the internal plural in that line about the attorneys general and craigslist. Otherwise good post.

While your argument was about *non*-governmental actors serving the role of regulators, this feels quite similar to the Matt Levine "everything is securities fraud" point about the SEC, which is a government regulator, acting as regulators for a whole host of not-really-financial wrongdoings because it's easier to brand pollution as securities fraud than it is to actually get Congress and the EPA to regulate it.

Also probably related: employees/customers of tech companies demanding those companies don't accept ICE as a customer.

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