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Originally Posted by crockett
The US govt could simply put pressure on the credit card companies to not allow them to be used to buy what the govt might consider obscene products online or where ever.
They could simply set a fine for each actual purchase so it would make the CC companies decide to not allow there cards to be used to buy porn online.
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The US govt is irrelevant with the "credit card companies" - tho sure, they can make up whatever laws they like within the US.
The card companies are owned by their "distributors" - the global banking regions. Porn transactions are not really a subject of conversation with the committees in the banking regions - it's irrelevant to them.
Tho... worth noting, and remembering - the only banking region who did agree to that bible - "The Law According To VISA" - was that of North America. All others refused outright.
If you take 50 paces back and have a overall view of the assortment of proposed US laws being thrust up for consideration, the scenario with plastic cards, processors and the value of the dollar, - it is clear there is a watershed is due soon (tho suspect that change has already started on different levels).
By implementing more laws, having a "not so good" relationship with others outside the US, - even those claimed to be "trading partners" - the US is simply becoming more isolated. Add to that the unsustainable economic policy of consuming more than can be paid for and "deferred payment" of international debts - the dollar will go down - a lot further.
Who knows, but already smell a scenario of "international billing" - ie in the currency of the member joining a paysite - and the operator of that paysite being paid in that currency (if they so wish). The advantages are too much to ignore - and, this is already being done by a couple of processors.
In many ways this is a similiar scenario to that of gambling. The US closed the doors with laws, and, as gambling operations increased on the net, the rest of the world opened up and even changed laws to accomodate internet gaming - and this is now flourishing in several countries.
PS Also suspect (it's in the pipeline now) - the net will not remain in the hands of ICANN - that org will go and be replaced by an organisation actually representing member countries with TLD's.