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If verifying people is hard and so a company chooses to take the easy route of not bothering and therefore attract lots of customers who do illegal things, sure
by phphphphp 3y ago
If verifying people is hard and so a company chooses to take the easy route of not bothering and therefore attract lots of customers who do illegal things, surely in any world that's at the very least knowingly facilitating illegal conduct? There are a lot of platforms that do far more than Block to verify people -- Block absolutely could do the same if they wanted to.
This is what Block do: https://www.youtube.com/watch?v=J2uhWTFvug8 https://www.youtube.com/watch?v=J2uhWTFvug8
- baryphonic 3y agoI don't think the allegation is that Block doesn't check, it's that the check is vulnerable to fraud. If Block rolled out a better verification system next week, based on off-the-shelf components, would they no longer be a fraud?
- JumpCrisscross 3y ago> based on off-the-shelf components, would they no longer be a fraud? Yes. Also, they’d have to re-state their past user numbers and pay fines, both of which would reduce their valuation.