Thank you Wise for blocking our business account

https://twitter.com/Xabber_XMPP/status/1501204627563454473

45 81 4 years ago

A follow up question: is there a jurisdiction that is hostile to Putin's regime and would not cooperate with Putin's police/special services requests, but not hostile to Russian Citizens willing to do business overseas?

bombcar6• 4 years ago

Apparently China or India may be the main places you can find; personally I'd be a bit cautious with China.

The cat is out of the bag, this stuff will get worse in the future - it is very likely that businesses will need to have multiple payment processors/streams and their customers will need to be flexible.

Andrew_nenakhov14• 4 years ago

Of all places, China is totally the best to develop a decentralised chat application. /s

Also, they are in cahoots with Putin.

ushakov4• 4 years ago

right now you can accept SWIFT for non-sanctioned banks or UnionPay which is a Chinese payment system compatible with Russian cards

ushakov4• 4 years ago

i'm a Russian citizen doing business in EU

for residents there are no restrictions for doing business

bombcar6• 4 years ago

It's not the legal restrictions, it's companies taking it upon themselves to ban anyone who even smelled Russia in the past (Namecheap, Wise, etc).

That is much harder to defend again because companies don't care, and there's no legal recourse.

iicc• 4 years ago

Such a jurisdictions would need to limit cooperation with Interpol.

https://en.wikipedia.org/wiki/Interpol#Abusive_requests_for_...

https://freedomhouse.org/report/transnational-repression/rus...

The Kremlin is perhaps the world’s most prolific abuser of the Interpol notice system. As other governments have found, Interpol notices and diffusions (see “Methods of Transnational Repression”) are low-cost means for the Kremlin to harass and detain exiles.
The Kremlin’s targeting of financier Bill Browder through Interpol Red Notices has made the tool famous, but it uses the tactic to an extraordinary extent, and often against targets far less prominent.
Without more transparency at Interpol, it is difficult to determine why or how the Kremlin is able to use its notice system so extensively. Nevertheless, Russia is responsible for a staggering 38 percent of all public Red Notices in the world, while the United States is responsible 4.3 percent and China 0.5 percent.
Russian authorities have even been able to use Red Notices to detain individuals residing in the United States for long periods of time. For instance, in two separate public cases in the last two years, Russian asylum seekers spent over a year in Immigration and Customs Enforcement (ICE) detention based on Russian-sourced Interpol Red Notices.

Andrew_nenakhov14• 4 years ago

At this point Russian Interpol participation is corrupted. They are known to try to extradite dissidents on false charges... which are ignored by the Interpol officials.

That's the kind of behavior I'm seeking for a host country.

ed_elliott_asc• 4 years ago

What I don’t understand is, if there are sanctions, why wasn’t everything stopped when they started? Why did it take over a week after the sanctions started?

(I know that oil and gas aren’t sanctioned)

vertis2• 4 years ago

To the best of my knowledge, these aren't sanctions, just companies acting unilaterally to support Ukraine.

So many stories of it having an impact on those on our side, that just happen to have a Russian or Belarusian passport.

Even people that have already fled after previous crackdowns. They don't just get magical new passports.

ushakov4• 4 years ago

me too, i have my "bad" passport somewhere in the closet, but i don't live in Russia over half of my life and don't plan to return any time soon

luckily, identity verification can be done with EU-residence permit and hopefully companies don't start discriminating Russians abroad

sofixa3• 4 years ago

To the best of my knowledge, these aren't sanctions, just companies acting unilaterally to support Ukraine

Some of the sanctions ( like kicking out of SWIFT most Russian banks) make doing business in Russia extremely complicated, so even if there aren't direct sanctions forcing a pullout, they can indirectly have that effect.

sp332• 4 years ago

Not absolutely everything is sanctioned. Lots of companies are "self-sanctioning".

megapolitics• 4 years ago

Sanctions can be implemented with a "wind down" period for companies to gradually come into compliance with the sanctions. In the UK, for example, there is a wind down period expiring at 23:59 tonight for sanctions relating to "sovereign debt, loans and money market instruments".[1] The situation in the OP is not necessarily related to any sanctions though, it may be a voluntary act on the part of Wise.

[1] https://sanctionsnews.bakermckenzie.com/uk-introduces-new-fi...

hef19898• 4 years ago

It also takes time to figure out if, and in what way, a given company is affected by sanctions. Sometimes its straight forward, most of the time it is not.

hirako2000• 4 years ago

thinking of it, it is hard to beleive we live in a democracy that impose all commercial entities to comply with proclaimed sanctions that didn't go through a vote.

I suppose it wouldn't make a difference given the popular opinion, but a vote would at least allow for argumentative debates since the impact on businesses and consumer is massive.

shmatt• 4 years ago

This isn't really a new concept. See the whole BDS / boycotting Israeli products idea

Israel is 20% Arab, Israel has plenty of anti-settlement political parties, even senior government members. When you boycott Israel you are boycotting the anti settlement people as well as the pro settlement people. And you are also boycotting the Christian and Muslim Arabs

This had a weird side effect when there was a boycott happening against Soda Stream, because they were made in a settlement. Well, Jews mostly don't work in factories in settlements, Palestinians do. The boycott worked, Soda Stream moved their factory to inside the green line, and all the Palestinians were fired.

snotrockets• 4 years ago

The goal of BDS isn’t to convince the settlers, it’s exactly against the people like yourself, who are complicit in not acting against it.

As for Palestinian Israelis stance on BDS, just ask them. Silencing the Palestinian minorities in Israel is part of the problem.

Jiro• 4 years ago

Does not load for me.

bombcar6• 4 years ago

https://nitter.net/Xabber_XMPP/status/1501204627563454473

Nitter is working, not sure what Twitter is doing (maybe censoring?)

tsm• 4 years ago

Tweet with no image from @Xabber_XMPP:

Thanks @Wise for standing up to Putin and closing our business account because of the 'wrong' passport of the founder

Apparently, being blocked in Russia for refusing to comply with state surveillance laws and being detained at anti-Putin rallies is not enough punishment for us

o_m• 4 years ago

You have to refresh the site multiple times until it loads. I guess it's one of the non-user account hostile tactics of Twitter.

Mikeb857• 4 years ago

How would Wise transfers even work with the sanctions? Not to mention the lack of liquidity in the market for Rubles...

Edit - really, I would like someone to explain exactly how Wise should accomplish RUB-USD/EUR transactions with the current sanctions and if they'd take that risk on themselves. Nothing like holding a falling knife...

ectopod• 4 years ago

Afaict, the person complaining is a Russian passport holder but not a resident of Russia. They aren't trying to do business in or with Russia.

Mikeb857• 4 years ago

Based on the tweet they are physically in Russia (talked about being detained for protesting against Putin). So guessing they've tried to make transactions in Russia.

tharne5• 4 years ago

I worry that a lot of these sanctions are going to backfire. If I'm an average Russian citizen, maybe I'm against the war, or more likely I just don't feel very strongly about it. If the West then destroys my livelihood and financial wellbeing with sanctions, eventually my reaction is going to be something like, "f*k these NATO guys, they're ruining my life for something I have nothing to do with and can't do anything about anyway".

I was against the Iraq War back in 2003, but I would have been livid if the whole world punished ordinary Americans with sanctions, even though the majority of us voted against G.W. Bush in 2000. The fastest way to create unity among a group of people is to arbitrarily punish all of them together. This is, in part, why the military runs basic training the way it does.

sofixa3• 4 years ago

What's the alternative? It's forcing Russians into tough decisions, hitting Putin and friends where it hurts, or letting Putin get away with it.

bombcar6• 4 years ago

The government sanctions are relatively well targeted at the Russian powers; it's all these companies running around and doing "virtue sanctions" that are hitting civilians.

And nobody dares sanction the actual gas that is flowing through the war zone itself ...

tharne5• 4 years ago

What's the alternative? It's forcing Russians into tough decisions, hitting Putin and friends where it hurts, or letting Putin get away with it.

I honestly don't know what the right path is here. Sometimes all the choices are bad.

In all likelihood, Putin probably will get away with this in the long-term. Most of us are happy to change our Twitter profiles to a Ukrainian flag, but how many of us would go and fight in Ukraine ourselves, how many of us would willingly send our kids over there to fight? Not most of us, I suspect.

I think the best possible outcome, which still isn't great, is that the Ukrainian people turn this into a quagmire and the Russians leave. The Russian public, much like the public in the West probably doesn't want to send their kids to die in another country that hasn't attacked them.

Do sanctions actually work? Maybe, but I'm not 100% convinced. North Korea is still sabre rattling and developing nuclear weapons despite years of sanctions. Cuba hasn't buckled despite over 50 years of U.S. sanctions. Iran hasn't had a regime change despite all the economic levers pulled against them over the years. The boycott Israel movement hasn't stopped the construction of settlements.

veganhouseDJ2• 4 years ago

We have basically just broke the petrodollar system and done more for petroyuan than China could have thought up in their wildest dreams.

Who cares about the long term though? All that matters is what we can tweet about this afternoon.

ceejayoz2• 4 years ago

Russians have a pretty good history of knocking off their leadership when things aren't going well for the general population. The next leaders aren't necessarily any better, but it's still the main leverage over Putin the West has right now.

Andrew_nenakhov14• 4 years ago

Erm when exactly did that happen, after WW1, more than 100 years ago?

denis1• 4 years ago

How's that going to backfire? What you've presented as the "bad option" is the current status quo. Putin had sky high approval for decades and the Russian population has supported him while he strengthened his grip on power.

Andrew_nenakhov14• 4 years ago

Yeah, ban on running a business abroad is definitely going to hit the public supporting Putin, right.

Also, he doesn't have sky high approval any longer. At the last elections, he could muster his percentage in the first tour with huge falsifications and disallowing any other credible candidate.

golergka3• 4 years ago

If I'm an average Russian citizen, maybe I'm against the war, or more likely I just don't feel very strongly about it.

Unfortunately, no. A LOT of Russian citizens are enthusiastically pro-war, and it's very hard to de-program them from state-run propaganda machine.

charles_f• 4 years ago

Source?

Andrew_nenakhov14• 4 years ago

Yeah right. They are so pro-war that the government recently made it a crime [1] punishable by up to 15 years in prison to be publically against the war or spreading information about it not coming from official sources.

[1] https://www.bbc.com/russian/news-60594110

axg11• 4 years ago

Unfortunately NATO has been played into a corner. Sanctions are the only tool that NATO is willing to use right now (alongside lethal aid to Ukraine). What a lot of Western media is overlooking is that this invasion is modestly supported by the Russian population (20-50% depending on which sources you trust). As you said, these same Russians that support the invasion will ultimately blame NATO.

We are gambling that making life more difficult for the average Russian will result in regime change. There is an alternative where sanctions increase popular support for further escalation with NATO and/or Ukraine, in order to result in Ukraine being under the Russian sphere of influence _and_ dropping of sanctions.

prohobo4• 4 years ago

The West has become an incompetent, incomprehensibly stupid bully with a gigantic hammer it calls "market theory". It doesn't so much identify and nullify threats so much as it generates market opinion to blindly hate and blacklist anything not considered "good".

I'm scared of not having a Ukraine flag in my Twitter handle - despite being Polish and supporting Ukranians in the actual conflict - because I'm scared of the zealot Westerners who might try to pillory me for holding unsavory opinions that go against the current marketable beliefs.

I understand how the West is responding and it's not productive, nor is it a "let's wait and see" kind of strategy. This is the same weapon they've been using on everyone else for the past decade. Race, sex, belief, now nationality. It's about turning everything into a market that they control, and we know how people targeted by it react to it. They go cold, MAGA, embrace the antithetical - maybe they even start dropping nukes.

When the current round of Western propaganda fades away, who will Russians blame? Only the ones swallowing it on Twitter will blame Putin. So once that's gone this becomes a huge problem for us.

The plan is to have the propaganda never end. More people now live their lives through the lens of the internet (or internet-first mentality), who have swallowed enough of the insanity that it's no longer a set of sponsored opinions but "reality". It's clear now that the West completely dominates all propaganda on the internet - I barely see any of the Russian stuff. The Russians can't even get a word out, and I'm wondering who the censors are trying to protect. I highly doubt it's us.

What I'm seeing here is the new Western approach to politics in the 21st century. Reality manufacturing and blacklisting, supported by relentless propaganda. The market does the state's dirty work now, and it's constantly hungry for its master's approval, like a big dumb ogre.

The only way to stop the Russian aggression is to negotiate with their government. Not put Russians into camps, metaphorical or otherwise.

EDIT: If you think I'm wrong, then consider the possible influences. Does doing this push Russia to end the invasion, or does it push them to continue it? Does this help us align ourselves with reality and face it, or does it blind us? Is this likely to make the Russians more willing to become allies, or less willing? etc. etc.

gdulli• 4 years ago

If Americans had faced consequences from having elected Bush once, and responded to that rationally instead of emotionally, they probably wouldn't have elected him again for a second term.

tharne5• 4 years ago

If Americans had faced consequences from having elected Bush once, and responded to that rationally instead of emotionally, they probably wouldn't have elected him again for a second term.

True, but most people respond to most things emotionally, most of the time.

veganhouseDJ2• 4 years ago

It is also a gift to China https://www.bloomberg.com/news/articles/2022-03-08/china-con...

Least surprising thing ever.

The future dictionary definition of cutting off our nose to spite our face but banning Russian oil will make Twitter happy for the next 8-12 hours until the next move with zero thought given to the long term consequences.

China might be our only hope to avoid WW3. It was just a few days ago that banning Russian oil was not going to happen but Twitter gets what it wants in 2022. Twitter wants a no fly zone and WW3.

onemoresoop• 4 years ago

If these sanctions or unilateral support moves were well thought out they could have strengthen the Russian opposition and weaken Putin hold on power, by only allowing some of friendly actors to do business/move money around. Yes, it's complicated but could have been a possible solution instead of using the same paintbrush which may backfire in the most spectacular way. These companies who suddenly drop the business, close bank accounts and so on create fear in their customers all over the world, some of them would choose to do business with companies that respect contracts and allow grace periods for their customers to migrate to other services.

aasasd• 4 years ago

Ah, yes, the ‘response’, the ‘sanctions’. I'm sure that Germany and Poland will also stop buying natural gas from Russia, to hit Putin and his buddies where they actually give non-zero shits. Any day now—after all, everyone is so enraged, the EU has to punish the people making the decisions!

Thank you Wise for blocking our business account

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