zende

This is exactly why regulations exist. MtGox should need to register as a Money Service Business (MSB) in the US and as a Money Transmitter in each state that they support. That needs to happen even if they're not a US company. The same applies to the EU, Australia, Canada, and many other countries that have regulations around this kind of activity.

The purpose of the regulations are to protect consumers for companies that are either malicious or incompetent.

The problem is that the licensing process is expensive, painful, and long. There should be better ways. Nonetheless, there's a reason why the exist.

One of the things to also consider is where you live and if you're effected by Seasonal Affective Disorder (SAD), which is a form of depression. It sounds like there's more going on than just your job, and you have to consider if your feeling about things have changed during the Winter.

It may be worth the effort of focusing on ways to improve your mood by exercising and spending time with friends to get you to a better state. That will let you think more clearly, have more energy for side projects, and seek out new employment or go out on your own.

There's usually a lot more going on with our mood than we initially think.

You can automate the DL verification process using Jumio. You hold your DL in front of your computer's camera, Jumio reads the info, and verifies the information. IIRC, Western Union uses Jumio for this very purpose.

I didn't list the payout time because it varies by bank. It is instant (24/7) when we're able to go through an ATM network like STAR or PULSE. We'll learn a lot more during the development.

... and thanks for the support!

Thanks!

I want to stay away from anything on Balanced v. Stripe though. We're trying to move the market forward and innovate.

(ceo of balanced)

We don't have any plans to offer interchange+ pricing. We found that would create more work for our customers. The predicability in pricing is part of the value that Balanced provides.

I know the part about interest. You can't collect interest on money that's not actually your own, which is the same case with any payments company.

Out of curiosity, why don't you release the money faster?

(ceo of balanced)

> Tickets are open on my [relatively popular] software of choice and have been for months; no timetable has been set.)

I'm sorry to hear that. What software would you like to see Balanced support?