>where they are against the law Is there a reason for that? To stop loan sha... | Hacker News

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marquis on Dec 24, 2011 | parent | context | favorite | on: Go Daddy No Longer Supports SOPA

>where they are against the law

Is there a reason for that? To stop loan sharks, for example? (Which is a highly valid reason).

dlss on Dec 24, 2011 [–]

I don't think GP was saying that the law had no reason for existing, just that its existence had an unfortunate unanticipated effect on microloans.

(If you wanted to outlaw loan sharking, you pass something like the Fair Debt Collection Practices Act, not an "only banks can loan money" law)

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