"Patreon CEO says the company's generous business model is not sustainable as it sees rapid growth"
@Gargron Garbage fire. I’m hoping for a non-profit doing something like Patreon does. :/
@Gargron To be clear, Patreon isn't a licensed money transmitter anymore than we are. They probably use the same exception in US law that Gratipay used to argue that they're not required to get a license.
P.S. One of the reasons why Liberapay isn't a "true Patreon replacement" is simply that it's not our mission to be one.
@Liberapay Patreon charges VAT for providing a "digital service": https://support.patreon.com/hc/en-us/articles/205259549-How-does-VAT-work-on-Patreon
@kornel We're aware that Patreon collects VAT from EU patrons. It's required to by EU law. That doesn't change the fact that if Patreon was based in the EU it would have to get licensed as a payment service provider in order to be able to operate the way it currently does in the US.
@Liberapay thank you for clearing the air.
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