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PayPal stops payouts to models on Pornhub

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Re: PayPal stops payouts to models on Pornhub

#31

Earlier quoted context omitted.

My hunch is that would incur unwanted liability from FOSTA-SESTA [1]. Producing content and paying talent out directly is fairly straightforward for adult entertainment. There be dragons if you're attempting to build a marketplace to do something similar. "The Stop Enabling Sex Traffickers Act (SESTA) and Allow States and Victims to Fight Online Sex Trafficking Act (FOSTA) are the U.S. Senate and House bills that as…

"The land of the free"

> "The land of the free"

To be filed in the same drawer as "don't be evil".

As in: who still believes in stuff likes this in 2019?

Re: PayPal stops payouts to models on Pornhub

#33

Perhaps an opportunity for Pornhub themselves to get into the payments business? I assume they have enough transactional volume and vendors to make it happen.

My hunch is that would incur unwanted liability from FOSTA-SESTA [1]. Producing content and paying talent out directly is fairly straightforward for adult entertainment. There be dragons if you're attempting to build a marketplace to do something similar. "The Stop Enabling Sex Traffickers Act (SESTA) and Allow States and Victims to Fight Online Sex Trafficking Act (FOSTA) are the U.S. Senate and House bills that as…

Genuine question, MindGeek[1] is a private Canadian company, why are they subject to U.S. law if they build payment network outside of US?

[1]: https://en.wikipedia.org/wiki/MindGeek

Re: PayPal stops payouts to models on Pornhub

#35
post #33

Earlier quoted context omitted.

My hunch is that would incur unwanted liability from FOSTA-SESTA [1]. Producing content and paying talent out directly is fairly straightforward for adult entertainment. There be dragons if you're attempting to build a marketplace to do something similar. "The Stop Enabling Sex Traffickers Act (SESTA) and Allow States and Victims to Fight Online Sex Trafficking Act (FOSTA) are the U.S. Senate and House bills that as…

Genuine question, MindGeek[1] is a private Canadian company, why are they subject to U.S. law if they build payment network outside of US? [1]: https://en.wikipedia.org/wiki/MindGeek

[deleted]

Re: PayPal stops payouts to models on Pornhub

#36

Earlier quoted context omitted.

The issue here is that it needs to be easy for a person viewing their credit card bill to know that they paid for something... and not be super weird. I had a buddy who nearly did a chargeback against a club that put "E 11 EVN" on his bill... name is Eleven Club.

>I had a buddy who nearly did a chargeback against a club that put "E 11 EVN" on his bill... name is Eleven Club. Are you sure the name isn't "Club E11Even"? Because there is a rather famous strip club in Miami named E11Even (pronounced Eleven).

Official name, yes, but in their advertising, they usually put Eleven...

Re: PayPal stops payouts to models on Pornhub

#37
post #19

I'm working on a decentralized app to remedy these type of moves by big payment processors. The new flow I suggest is: BTC -> Coinbase -> PayPal. Withdrawals are instant & only subject to standard fees. The can funds can also be instantly converted to cash, via the PayPal Business Debit Card. References: [1] https://blog.coinbase.com/instant-paypal-withdrawals-now-ava... [2] https://support.coinbase.com/customer/port…

> The new flow I suggest is: BTC -> Coinbase -> PayPal The flow still can be censored. As a matter of fact, you now have two opportunities for your payment to get nixed.

The point is to spend out of btc via means of PayPal though. The shift card died because Switzer land couldn't hold it up.

Re: PayPal stops payouts to models on Pornhub

#38

Perhaps an opportunity for Pornhub themselves to get into the payments business? I assume they have enough transactional volume and vendors to make it happen.

My hunch is that would incur unwanted liability from FOSTA-SESTA [1]. Producing content and paying talent out directly is fairly straightforward for adult entertainment. There be dragons if you're attempting to build a marketplace to do something similar. "The Stop Enabling Sex Traffickers Act (SESTA) and Allow States and Victims to Fight Online Sex Trafficking Act (FOSTA) are the U.S. Senate and House bills that as…

AFAIK Pornhub is Canadian. However your objection still stands; I would imagine that there are similar laws in Canada against sex trafficking.

Re: PayPal stops payouts to models on Pornhub

#39
post #34

A contributor once wrote on hn about the huge market for a porn friendly payment system. Key feature, must not look suspicious on credit card bill...

> Key feature, must not look suspicious on credit card bill That's called a hotel room.

More like 'Hot Coffee at Hotel XXX'.

But in all seriousness, imagine using the Apple card for this, and then it comes up with a logo which says exactly what it is, heh :)

The best way to tackle that is to own a media company, and have PornHub as one of its' holdings, and then the bill would appear to be a neutral 'Decent Looking Media Inc.' or something like that.

Re: PayPal stops payouts to models on Pornhub

#40
post #22

I’m the last person to jump on the bitcoin bandwagon, but this is one case where I think it’s warranted.

Nothing better than receiving your salary in a token with huge minute-to-minute volatility.

Great for those of us who don't already have enough stress in our lives yet.
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