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Originally Posted by ULVideo
Anyone who does not comply with 2257 shouldn't be surprised if their cash flow stream from US sources gets "interrupted". If you don't care about US sales, then don't worry about it, but even if you don't get extradited/prosecutes in the US, I think there's a really good chance US DOJ is going to be able to get other countries processors to stop processing transactions for non-compliant websites. And I think you can forget about Visa and Mastercard, even if you've got a merchant acount. If you don't need them, then you're ok. But who doesn't need them (at all)?
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lol... lets be realistic here. 98% of the "pain" in complying 2257 is the new definition of producer and about how, what and where to keep records. Internet has "no borders", yes, but physical countries do and there is no way US authorities can inspect you at your home adress. So it make no sense to say you have to comply 100%, and get prosecuted or whatever may happen.
Besides that, US and foreign agencys are co-operating both ways, and if a US agency find a foreign suspicious website, I'm sure they will contact the local authorities.
Yes, Visa and processors may or may not stop transactions, but that is not new, it already happened. As long there are money there will be websites.