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6 comments

[–] Boukert 3 points (+3|-0) Edited

Voat’s primary credit card processor has decided, for reasons unknown, to discontinue their relationship with Voat. While they did claim that it was due to “risk”, I can only speculate as to the reasons.

I wouldn't be surprised if this actually was the reason. It's not like Voat has any real solid constant revenue plans, basically it's been hemmoraging cash.

[–] PMYA 1 points (+1|-0)

You can't exactly claim there are other motives going on when the site has never made a single penny of profit. I think the conspiracy theorists might be getting to him.

[–] Skyrock [OP] 1 points (+1|-0)

I wouldn't rule out that the SaneGoat group has been pushing for that, now that their main account has run into negative CCP restrictions.

[–] phoxy 1 points (+1|-0)

It would be easy to hide some skimming in the vague transparency statements.