brainworms

This magazine is from a federated server and may be incomplete. Browse more on the original instance.

TheWorstNL, in Mastercard moves to ban cannabis purchases on its debit cards

Payment providers should not be able to control what users are or are not allowed to purchase with their cards. It’s a downward spiral. Electronic payment is a necessity in nowadays life.

XEAL,

As long as it’s a legal transaction, the providers should STFU.

Rom,

In many states, and federally, marijuana sales aren’t legal transactions, and that’s the point. I don’t think Mastercard is necessarily doing anything wrong here, they’re just covering their asses. This one is on our politicians who are still dragging their heels on legalizing marijuana.

PenguinJuice,

I'll never use Mastercard out of principle after this. Fuck them.

PersnickityPenguin,

You do realize that there are no banks in the United States that will allow marijuana related business to work with them either, right?

It’s highly illegal under federal law. My business is done business with marijuana related businesses in the past, and they all have to operate with cash and hand only. It’s insane.

Nothing like carrying a suitcase full of $250,000 in small sequential unmarked bills to the bank you know…

PupBiru,
PupBiru avatar

fyi slight bone apple tea there

it’s cash in hand

Belgdore,

Sets a precedent though, and implies that the card companies are responsible for what people buy. First it’s drugs, then it’s porn, liquor, gender affirming items and hormones, contraceptives, or whatever else the fascists don’t like. Companies won’t want to be fined by the fascist right once they start pushing to ban things.

Rom,

Mastercard is adhering to federal laws, not taking a moral stand. Credit card companies aren’t obligated to facilitate illegal transactions. If they were banning something whose sale was completely legal, there would be a argument to be made here, but that’s not what’s happening. They aren’t going to go after porn, liquor, gender affirming items, hormones, or contraceptives, unless some fascists ban them, at which point it’s not the credit card companies restricting you, it’s the fascists. Go after the fascists.

Belgdore,

What federal law are they adhering to? Mastercard isn’t buying the drugs they are denying a person access to the funds that that person already owns. Mastercard should be agnostic to what the person uses that money for.

It sets a precedent that card companies are responsible for what their client’s purchase, and can reject transactions based on what their clients are purchasing, not how much money/credit they have.

I can go after corporate shitheads and fascists especially when they are holding each other’s cocks.

Rom,

The fact that marijuana is still federally classified as a Schedule I drug. Why would you think credit card companies should allow cardholders to make illegal transactions using their credit cards? Do you think they’d be okay with people using their credit cards to purchase child pornography? Or hitmen? Trafficked persons? What about 100 kilos of cocaine? I’m aware marijuana isn’t as bad as any of those things, and it’s way past time for the laws to be updated, but the fact remains it’s still against the law to purchase it. To argue they have no obligation to make sure they aren’t facilitating in illegal actions is absurd. As far as I know they’ve never allowed illegal transactions to be made, so absolutely no precedent is being set here.

WoodlandAlliance,

deleted_by_author

  • Loading...
  • Rom,

    It’s not a defense of corporations to point out that the root cause of this problem is the laws, you illiterate baby. “Corporations follow existing laws if they protect their profits” isn’t a surprise to anyone with two brain cells to rub together. Fix the laws around marijuana and the rest of the issue solves itself.

    WoodlandAlliance,

    deleted_by_author

  • Loading...
  • Rom,

    just because something is profitable for a corporation doesn’t mean it’s good or that we should accept it.

    Read my comment again carefully, please. I didn’t say it was good or that we should accept it, I said it’s what they do. I don’t like corporations either and I’m not defending them, so calm the fuck down and stop inventing reasons to get mad at people.

    WoodlandAlliance,

    deleted_by_author

  • Loading...
  • Rom,

    If you’re too baby-brained to understand the difference between explaining something and justifying it, that’s your problem, not mine. Don’t take your ignorance out on everyone else.

    WoodlandAlliance,

    deleted_by_author

  • Loading...
  • Rom,

    If you want a reasonable argument, then you need to provide one, too. But you came at me with “what a terrible take” and accused me of defending corporations, then deliberately ignored all the comments I wrote clarifying this was not the case, so why exactly do you think you deserve anything other than condemnation and name calling? If anything I’ve been too polite.

    But yeah cry up a storm because someone called you mean names lmao. You’re not a baby at all.

    Djtecha,

    Sounds like they were drinking…

    WoodlandAlliance,

    Even if it’s illegal it’s not a bank’s job to enforce the law. Banks exist to move money. If something illegal happens then the police can get involved.

    XEAL,

    Liability?

    Bongles,

    There isn’t as far as I know and there shouldn’t ever be.

    Nougat, in Conservative Group Accidentally Reveals Its Secret Donors. Some of Them Are Liberal Orgs.

    A Walton Family Foundation spokesperson provided a statement explaining that its grant “supports work to highlight initiatives connecting young people to careers and jobs earlier in their K-12 schooling experience.”

    Imagine that, the Waltons promoting child labor.

    Sanctus, in Jimmy Carter: The U.S. Is an “Oligarchy With Unlimited Political Bribery”
    @Sanctus@lemmy.world avatar

    Its extremely obvious. “Oh, these? These aren’t bribes. They’re uh, free speech! Yeah! And companies speak in money so this is their free-”
    Shut the fuck up.

    drekly,

    What are bribes? You mean lobbying? Totally different thing, look, the words have totally different letters!

    Rentlar,

    “Why are there bribes coming out of your Congress and Supreme Court, Seymour?”

    “Uh! …Ohh, those aren’t bribes! It’s speech! Speech from the free speech we’re having. Mmmm, free speech!”

    door slams “Phew”…🏃‍♂️🎼🎵🎵🎵🎶

    NewNewAccount,

    Citizens United is one of the worst decisions in the history of the Supreme Court.

    Sanctus,
    @Sanctus@lemmy.world avatar

    Its absolute evil. I can’t believe us citizens haven’t burned it to the ground in a fit of rage. Its blatant fucking bribery. I’m seein’ red just typing this post.

    doc, in Oregon Supreme Court Bans Republican State Senators From Running For Reelection

    No. Loaded title here. VOTERS banned them via constitutional amendment. Amendment was if anyone has 10 or more unexcused absences they are banned from reelection. Courts just decided against the R's lawsuit against the amendment.

    Talaraine,
    Talaraine avatar

    And.. just to point out if you didn't watch the video.. the senators who appealed this decision missed out on 6 full WEEKS of attendance just so they could stall the passage of legislation they knew would pass, but didn't like.

    And the passage of this rule was BEFORE they took this leave of absence, so. Sorry guys.

    SubArcticTundra,
    @SubArcticTundra@lemmy.ml avatar

    Voter initiated constitutional amendment is such a godsend. Genuinely one of the good political things I see happening in America

    Steveanonymous, in Oregon Supreme Court Bans Republican State Senators From Running For Reelection
    @Steveanonymous@lemmy.world avatar

    As an Oregonian, YAY

    Now do the congress and senate

    gullible, in Toxic: 3M knew its chemicals were harmful decades ago, but didn’t tell the public, government

    Off the top of my head, I can think of only a few instances where the company creating wholesale ecological disaster was sincerely in the dark. This should, in a reasonable world, considerably lower the bar for “beyond a reasonable doubt.“ It has not, therefore embrace absurdism.

    thedirtyknapkin,

    i mean, this feels like a beat for best repeat of leaded gasoline.

    that never got resolved due to the harm it caused people, scientists only convinced the government to ban it after proving the economic impact.

    FUCKRedditMods, in Poland cuts tax for first-time homebuyers and raises it for those buying multiple properties

    Literally can’t even imagine the US doing something like this with current political climate and congress full of rich geriatric cunts who each own 6 houses.

    Kbobabob, in Poland cuts tax for first-time homebuyers and raises it for those buying multiple properties

    2% break for new home buyers

    6% extra tax for the others

    Doesn’t seem like it will do much but at least it’s a step in the right direction

    bob_wiley,

    deleted_by_author

  • Loading...
  • MyNameIsIgglePiggle,

    So it will have no effect

    Maeve,

    Oh, go figure.

    wesker, in Tech's broken promises: Streaming is now just as expensive and confusing as cable. Ubers cost as much as taxis. And the cloud is no longer cheap.
    @wesker@lemmy.sdf.org avatar

    Capitalist greed comes for all novel ideas.

    Benghandhi, in Rudy Giuliani, who pioneered the use of RICO when he was a US attorney, just got indicted on RICO charges

    This dude could have ridden into the sunset as America’s Mayor. Yikes.

    bdesk,

    A verb, a noun, 9/11.

    wowthatsawful, in Hobbies have been killed by money making side hustles

    Truth. I enjoying making all kinds of different things and almost anytime I show anyone whatever my latest project is, it’s always “oh, you should make and sell these!” No. I want to enjoy my stress-free hobbies, unbeholden to the requests of customers.

    IDontHavePantsOn,

    I recently lost my job and have the luxury of not having to immediately find a new one. I love to cook and always have, but I’m also a parent of 5 kids. Now everyone is suggesting I open a restaurant. I keep having to explain that while I might be successful, I don’t want to turn the one thing that’s a labor of love into a labor of business. Especially a business that I know will keep me away from my kids during the exact hours I usually bond with them the most. I would hate to hate cooking, especially for my family.

    TenderfootGungi, in Democrats want to make the minimum wage $17 an hour and give nearly 28 million workers a raise

    That is $34k a year for full time. The minimum wage was around $15 (too lazy to do the exact math right now) in todays dollars in 1968. I doubt that would cause major issues in the overall economy and would help many.

    If you are writing now wage laws, please have them double on national holidays.

    Oisteink,

    In an economy that is based on charging each other, the more people that has money the more opportunity for all.

    PersnickityPenguin,

    In 1955 the average annual wage was 4,400 a year, equivalent to $50,000 today.

    So this $17 an hour doesn’t seem too far off.

    Also, I totally agree that we need more holidays and vacation time. Minimum 3 weeks of vacation a year, on top of holidays, along with allowing a minimum of 9 months for maternity leave and 3 to 6 months for paternity leave.

    Now we’re at it, I would like universal healthcare and world peace too please. 😉

    Flemmy,

    Good news! There’s one simple solution to all that - you just have to get governments to do their job and have them make sure the corporations exist because they benefit the people, instead of the way we’re doing it now

    Just 1 easy step!

    conciselyverbose, in Mastercard moves to ban cannabis purchases on its debit cards

    Payment processors have a functional monopoly and should not be permitted to refuse or otherwise be punitive to any category of purchase.

    kool_newt, in Mastercard moves to ban cannabis purchases on its debit cards

    I think I’m going to make it a goal to stop using these companies. I think credit cards should be banned as predatory actually, or at least heavily restricted.

    aphlamingphoenix,

    These aren’t credit cards, but debit cards. It’s access to money you have already earned, is in the bank, you own, and Mastercard is saying you can’t spend it on a particular thing. You get around this by doing an ATM cash withdrawal, but it’s still an extra step, and it’s still a megacorp restricting your access to something that the law does not.

    kitonthenet,

    Usually (in my experience) the weed store just has an ATM in it, or the POS system is technically an ATM

    fuzzzerd,

    Bold move to assume they'll take cash. Many places gave up on cash during the pandemic and many of those haven't gone back to taking cash.

    I used to hate the "convince" fee companies charged for using a credit card, but when it's reframed as a cash discount, it's not as aggravating.

    That said, plenty of places are electronic payment only these days. Scary times, given the payment processor monopoly and their ability to determine what you can and can't buy.

    deweydecibel,

    If payment processers are blocking these payments, then yes, dispensaries will start accepting cash. They’d be suicidal not to.

    WookieMunster,

    All dispensaries around my area take cash. There’s a couple of them that are cash only

    digitalgadget,

    I was amazed the first time I found one that took plastic.

    JJROKCZ,

    And you’ll have to pay the atm fee as a punishment for using cash

    BraveSirZaphod,
    BraveSirZaphod avatar

    It's access to money you have already earned, is in the bank, you own, and Mastercard is saying you can’t spend it on a particular thing.

    Strictly speaking, they're saying that they won't facilitate the transaction themselves, presumably because they're concerned about legal exposure from processing transactions for goods that are illegal under federal law. State law may not be restricting your access, but federal still is, at least on paper, even if it's largely de facto unenforced.

    Mastercard makes money every time you swipe a card. They're not going to cut off their own income unless they think the cost of not doing doing so is higher, such as legal exposure.

    I agree that I don't love how much control a few private companies have over the financial system, but at least with this case, I think the real issue is Congress for not getting around to legalizing Marijuana.

    kool_newt,

    Sometimes I need weed but don’t want to get out of my car. It’s a real problem.

    DingusKhan, in FTC readies lawsuit that could break up Amazon

    I’ll believe it when I see it. America is run by corporate interests.

    DreamHollow4219,
    DreamHollow4219 avatar

    Sad but true. I don't see this going anywhere. They couldn't even stop the Activision/Microsoft merger.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • brainworms@lemm.ee
  • kavyap
  • rosin
  • khanakhh
  • DreamBathrooms
  • osvaldo12
  • magazineikmin
  • Youngstown
  • slotface
  • InstantRegret
  • mdbf
  • thenastyranch
  • Leos
  • tacticalgear
  • Durango
  • bokunoheroacademia
  • everett
  • tester
  • ethstaker
  • cubers
  • GTA5RPClips
  • anitta
  • modclub
  • lostlight
  • normalnudes
  • cisconetworking
  • relationshipadvice
  • HellsKitchen
  • sketchdaily
  • All magazines