stripe

Financial Management of a Digital Nomad

7 minute read Published

Pulling away from the legacy financial system and managing money in Life 2.0.
As a digital nomad, I want to cover my financial management now that I’ve been living abroad for over four years. Here’s some info on how I manage my finances so I can keep myself afloat. Bitcoin has been an enabler so some of this info will focus on using Bitcoin in addition to the legacy financial system tools. This is not intended to be an in-depth guide. But more of a smattering of knowledge from someone who’s been at this for a little while now.

Stripe Canceled My Account Today

4 minute read Updated

They accused me of using their service to sell a "controlled substance".

I received an email from Stripe today. In the letter I was told they are canceling my account:

While we hate to give you anything less than a great experience, it does seem that your business is in violation of the Stripe Services Agreement, section A.7.b (“Restricted Businesses and Activities”). Specifically we are unable to receive payments for controlled substances as mentioned here: https://stripe.com/restricted-businesses.

These regulations are firm, so we sadly have no flexibility with them. Unfortunately, you won’t be able to accept new charges on your acount, but we will continue making payouts to your bank account until you receive all of your funds.

We’re very sorry that we have to turn away your business, and wish you the best of luck moving forward. If you think you are receiving this message in error, please let us know and we will be happy to re-review your account.