clar fon on Nostr: like, just to be clear, this is what's happening:<li><a ...
like, just to be clear, this is what's happening:<li><a href="https://stripe.com/legal/restricted-businesses#content-creation"; target="_blank" rel="nofollow noopener noreferrer">Stripe has updated their terms and conditions to list "Content creation" as a prohibited business, explicitly clarifying that donations without an attached good or service are not allowed</a></li><li>Stripe is actively enforcing these new terms by cancelling payments to people using Stripe directly for donations</li><li>Stripe is continuing to operate via the VC-backed "creator" platforms of Patreon, Buy Me a Coffee, and GitHub sponsors, often requiring folks to have a US bank account in order to get paid</li><li>Stripe is selectively enforcing the new terms on sites like Liberapay and Ko-fi, in particular <a href="https://stripe.com/use-cases/creator-economy"; target="_blank" rel="nofollow noopener noreferrer">still using Ko-fi on their marketing materials</a>, but their official stance on these sites is unclear</li>
especially given how Buy Me a Coffee is clearly a VC-backed attempt to scam Ko-fi out of their business model, it seems like Stripe is just trying to fuck over independent creators and eliminate competition outside of their VC-backed partners. but also, they haven't made any clear statements on this besides just fucking over individual people for their new terms. it's super confusing and unclear what the fuck is going on
but! people are getting seriously hurt by their actions, immediately thrust into financial uncertainty by having their sources of income cut off. it's fucked!
especially given how Buy Me a Coffee is clearly a VC-backed attempt to scam Ko-fi out of their business model, it seems like Stripe is just trying to fuck over independent creators and eliminate competition outside of their VC-backed partners. but also, they haven't made any clear statements on this besides just fucking over individual people for their new terms. it's super confusing and unclear what the fuck is going on
but! people are getting seriously hurt by their actions, immediately thrust into financial uncertainty by having their sources of income cut off. it's fucked!