then the IPO hits, you cash out, take your exit, and drink your mint julip or mojoto in Bermuda while the whole thing burns down 2 years later. whole lotta "not my problem" at that point, and every one would think you're a genius.
Either way, by implementing this pricing scheme meta is showing it’s cards on how much ad $ they are able to get out of each active user. In other words around the same $ they are charging to go ad free.
https://www.cnbc.com/2023/10/12/walgreens-wba-earnings-q4-20...
-- A mobile phone number uniquely identifies a single person.
-- Every person has a mobile phone number and they only have one mobile phone number.
-- If a person's mobile phone number is associated with VoIP or Google Voice, that indicates fraud.
-- Every person always has their mobile phone handy and it is always able to receive calls and SMS messages under all circumstances.
-- Mobile phones are never lost or stolen and their batteries never run down.
-- Mobile phone numbers last forever.
-- An email address uniquely identifies a person.
-- Every person has an email address and they only have one email address.
-- Every person is always able to receive email under all circumstances.
-- Email addresses last forever.
-- People never travel to foreign countries.
-- A person's IP address always determines where they are located.
-- Geolocated IP addresses are always accurate.
-- Geolocated IP addresses always indicate the preferred and correct human language of the person on the other end.
-- The IP address for a customer will never change during a given session (i.e. LEO satellite internet does not exist).
-- If the IP address for a customer changes "too quickly", that indicates fraud (i.e. LEO satellite internet does not exist).
-- Your customer will never connect to you through a VPN.
-- If your customer connects to you through a VPN, they are doing something fraudulent, rather than trying to get around your geolocation brain damage.
- a charge back can come up to 6 months later. A loss of that is not only a loss of funds but a charge back fee
- too many charge backs could affect the merchant account with the potential of a loss of being able to run your business and this can extend to PayPal or anything merchants run charges through.
- Fees may go up like interchange fees on running credit cards if an account is deemed higher risk.
- blacklisting from visa or Mastercard or merchant accounts in general is not unheard of. Loosing access to running credit cards would be the end of many businesses.
So mom and pop shops need to be aware of fraud and ensure it is low or taken care of. You can’t just accept every order and hope for the best. Fraud does exists and when only a few percentage of users meet your list of incorrect fraud assumptions it’s easy to see why they are used at least for extra verification.
One good thing for merchants for those who accept crypto like Bitcoin is all the risk moves to the sender not the merchant. There are no charge backs - so merchants who take crypto should be able to be a bit more lenient on payments and verification.
Unfortunately, it seems this topic has attracted the attention of many who keep insisting that it must be Let's Encrypt at fault here.
That’s one of the reasons I stopped working on hosted mail. It has not turned to anything better with big companies putting their hands over it. It’s more controlled now but the same crap as before, just as dangerous and a bit more expensive.
Currently working on a system with as much control as possible but piggybacking existing providers' transports.