Very cool idea, congrats -- we're spending more than a month creating a KS campaign, but I like this concept to move super quickly just to get feedback!
No it doesn't, that's not the way the internet works - it's only if you conduct business in the EU. That means, if there is a service / entity which exists in said country.
If a citizen of France in the EU calls on the phone a citizen in China to buy something, the Chinese citizen isn't subject to EU laws. However, the Chinese citizen AND the French citizen is subject to Chinese laws, and the French citizen is also subject to French laws. Plus there's a plethora of international trade agreements.
This is where everything starts becoming strange, because in the case of the GDPR it's an attempt to subject the Chinese citizen to a law from the EU. I.e. this is a debate over sovereignty, the EU citizen should be responsible for conducting their business not the Chinese citizen.
(a) The Chinese citizen never left China
(b) The Chinese citizen never intended to leave China
(c) The Chinese citizen doesn't know the laws of the EU, because they aren't there
(d) The Chinese citizen conducted business in China, because the transaction occurred there (i.e. the money was transferred to the China) <- This is the rub, because where a transaction occurred is actually defined differently in each country
Where's that in case law? I have seen plenty of hype around this and I think that's an attempt to get support for this. However, the fact is, no one has actually tested this (yet).
It's basically arguing that the business is responsible for following laws in a place it does not conduct business. It's out of the EU jurisdiction. I'd love to see an entirely U.S. (probably only collecting in USD) based company getting "fined" in a country it doesn't conduct business.
something not having caselaw doesn't make it illegal. it just means it's untested.
In this case I believe @jahewson is correct. They just can't legally _punish_ you for violations until you enter the EU. You've still broken the law in the EU by not handling the data of a EU citizen as legally required by anyone who does business with them.
I understand where you're coming from, and that very much _was_ the way things used to work. The new law changes that. It governs interactions with EU citizens regardless of where they are.
Google AdWords, Facebook ads, Twitter promoted posts.
In my limited experience, Twitter is effective for tech/early-adopter products whereas Facebook works for consumer stuff. AdWords is kind of a middle-of-the-road that seems to require quite a bit of tweaking and attention to get your keywords even in the right ballpark, otherwise it’s useless. The two social media platforms know a lot more about their audiences, so you can do targeting more easily based on interests and demographics.
EDIT : to clarify, i think buying adwords/promotions is a valid skill set, i dont have and am not good at.
And as service, the provider should be able to provide a lot of added value. Knowing good keywords, distinguishing good destinations for different product types, etc.
just fyi, bit.ly doesnt work in china, so i’m not able to use this, but i’m pretty sure that your target market isnt china at this moment.
how does this differ from indiehackers or others? my impression is that the barrier to entry is lower in terms of less forms to fill i.e. 5 minutes, but i was stuck after sending my email.
what kind of volumes do you have in terms of users that are looking for new products?
They could choose either to retain the funds as (stable) crypto or sell the coins in order to withdraw USD to their bank account. It's all about choices.
I made a write up around what I wanted to do. I made a quick video at work summarizing my key points. And I set a $100 goal.
13 people contributed. More than half of them are total strangers.
This does work and can also be encouraging for feedback.
https://www.kickstarter.com/projects/rememberlenny/new-publi...