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PayPal stops payouts to models on Pornhub

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Re: PayPal stops payouts to models on Pornhub

#121

Earlier quoted context omitted.

I'm making an objective statement about reality backed by basic, well-understood features of human psychology and personal experience with porn actresses.

The plural of anecdote is not data. Also, do you have any credentials to back up your expertise in the field of psychology?

http://news.ycombinator.com/item?id=4693920

One learns by theory and experiment. Also, I don't flash my credentials to win arguments online. Think of me as an intellectual sparring partner rather than an authority feeding you what to believe and shape the dialectic accordingly.

Re: PayPal stops payouts to models on Pornhub

#122
post #84

Earlier quoted context omitted.

Crypto replaces a major painpoint (chargeback, getting 0% of your money) with a minor painpoint (volatility, losing or gaining There are other cryptocurrencies (eg Tether) that follow USD (eg 1 Tether is almost always equal to $1.00 USD), to avoid issues with volatility. I guess another issue is that you'd have to pay taxes on any gains/losses between receiving your crypto and cashing it in for USD, and that would be…

> There are other cryptocurrencies (eg Tether) that follow USD (eg 1 Tether is almost always equal to $1.00 USD), to avoid issues with volatility. One of us is behind the times on Tether; last I heard they were in pretty significant legal/financial trouble re: money laundering, not actually having most of the backing dollars they claimed to, and possibly market manipulation.

There have been various stories floating about litigation, solvency, and market manipulation in tether. So far, the market [1] remains unconvinced: tether trades pretty close to parity (sometimes even at a premium; liquidity preferences being what they are), and prices between tether-based exchange and USD-based exchanges are also pretty tight. So for the moment accepting payment in tether USD is entirely feasible.

[1] https://trade.kraken.com/markets/kraken/usdt/usd

Re: PayPal stops payouts to models on Pornhub

#123
Whatever you might think of the various professions... As long as it is legal, it seems the major payment service providers should not pass on their moral code onto everybody else.

What's next? You get no water/power/whatever if you run a business that the service providers simply do not agree with?

Re: PayPal stops payouts to models on Pornhub

#124

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.

Most strip clubs do something like "Sully's Steakhouse" . edit....or so I'm told :)

Hm - $600 at Sully's Steakhouse... you were the only one there? Ok, sounds reasonable.

Re: PayPal stops payouts to models on Pornhub

#125
post #30
post #7

A chilling effect on free speech. Real alternatives to paypal and credit cards need to enter the market. It sadly looks like my favorite hope is still not ready, but I am hopeful that this is due to slow and careful development that will lead to a stable long term outcome. https://taler.net/en/faq.html

> A chilling effect on free speech. Real alternatives to paypal and credit cards need to enter the market. This would have been a huge problem in 2012, Now there are realistic solutions to avoid this. Just pay by cryptocurrencies on to a Coinbase Card and you can withdraw the cash and pay anonymously. Job done.

I've just discovered Coinbase Commerce [1], it's an awesome way to quickly start accepting cryptocurrencies, they offer hosted payment pages, payment buttons, webhooks, everything you want. It took me a couple of minutes to sign up and configure a hosted payment page to start accepting donations for my projects.

It's rare that I'm excited about a service, but this one appears to come with no strings attached, the wallet is even generated on the client-side.

[1] https://commerce.coinbase.com

Re: PayPal stops payouts to models on Pornhub

#126
post #95

Earlier quoted context omitted.

Cryptocoins aren't practical enough (yet?) to rely on completely for stuff like this. If the flow has any more friction than "payer enters their credit card info once, then agrees to send a value; payee receives it in their bank account at a set time and can immediately use it to buy groceries", it's going to seriously affect some people's incomes. I'm not downvoting you for that, FYI, but I am downvoting you for the…

> Cryptocoins aren't practical enough (yet?) to rely on completely for stuff like this. Really? I can understand "Bitcoin" as one of many cryptocurrencies that are unstable and very slow for these payments, but some cryptocurrencies are faster and cheaper than others and are suitable for this use-case. There are many ways to pay nowadays: 1. Scan a QR Code to send cryptocurrencies to the payee. 2. Type the address of…

I think the vendors are often reluctant to move to systems like this as well, because a lot of their business model is of the form "subscribe to this thing" and put a recurring charge on the credit card in the hopes that the customer will be reluctant or embarrassed to cancel.

Re: PayPal stops payouts to models on Pornhub

#127

Earlier quoted context omitted.

There are plenty of porn friendly payment providers. They just cost a lot of money relative to "normal" merchants because of a few simple reasons: 1) Chargebacks -- people chargeback the shit out of these kinds of transactions. Significant other sees the bill, gets pissed / confused about the charge / whatever and gets it charged back. 2) Fraud -- people use stolen CC's to pay for this kind of thing. 3) Porn operator…

Are there porn-friendly payroll providers?

ADT. We're just a business.

Re: PayPal stops payouts to models on Pornhub

#128
post #92

Earlier quoted context omitted.

What's the percentage of porn-related shadiness is because our society and business culture forces that? It seems similar to drug prohibitions etc. I haven't had to deal with a shady drug dealer in years now that weed is legal. Maybe if vice-clauses and the like weren't so ubiquitous we'd see more upright actors in the field.

Drug prohibition is a thing about laws. It is legal (in the US) for people (of legal age) to purchase pornography* . The fact that there is a cultural disapproval of pornography is not that much like there being laws restricting it. Also, some things should be socially discouraged while being legal. If you mean this as purely a descriptive question, then I suppose that yes, if fewer contracts excluded pornographic co…

> I think the fact that pornography is viewed negatively, at least in public, is a good thing.

I'd love to see your thoughts on this expanded. I don't have a particularly rigorously formed opinion on this, but my gut disagrees. I'd settle for some links to articles/etc. that reflect your viewpoint.

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