Why you shouldn't use other people's money.

[FluffyMcDeath]

and by "other people's money" I don't mean borrowed money - I currency controlled by a nation that isn't yours.

How would you feel if you walked into a store and tried to buy something with your debit card but instead of the transaction going through the bank decided it didn't like the trade you were making and debited you for the amount without paying it to the store leaving you out the cost of the product and without the product? That would be nuts, right?

Except that is pretty much what happened in this case. Though the two parties were making a transaction that was legal where they lived they were using a currency of a nation which had decided that the transaction broke one of its laws. There is a moral to this story and I hope every business in the world is paying attention.

 

[FluffyMcDeath]

Looks like Pay-Pal is now big enough that they are starting to test out whether they can tell people what can be bought and sold. They always use something that is difficult to defend to muddy the water on the principle. The principle is that a service company that does the score keeping between two parties does not get the right to dictate the rules of the game.

 

[Glaucus]

Now that's messed up!