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PayPal stops payouts to models on Pornhub

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Re: PayPal stops payouts to models on Pornhub

#171

Post by Daishiman »

hndamien wrote: post #169
Daishiman wrote: post #149

Earlier quoted context omitted.

Bitcoin isn't criticized for this being an invalid use case, because it's totally valid. It's criticized because it's useless for this use case, people involved in this scene in practice don't care about it to any serious degree beyond it being a talking point, and because anything for legally working around financial deplatforming still needs strong interfacing with the rest of the system as well as compliance with…

Or you could not go through any of the steps of making a payments platform and just accept BTC.

And then you have to find a seller for BTC and deal with that hassle yourself.

Re: PayPal stops payouts to models on Pornhub

#172

Post by cpach »

basch wrote: post #147
aazaa wrote: post #135

Financial deplatforming is a monster, long-term trend to watch over the next decades. Deplatforming happens with sex workers. It also happens in the US marijuana industry. It happens with perfectly legal political content. The number of ways in which someone, somewhere will be offended by products or services for sale is growing, driven by a rapidly improving worldwide communication network and delivery system, and b…

wheres the disruptive fintech for these underbanked? Sounds like a gold mine for the right marketing team.

In Sweden, the central bank is investigating the possibility of issuing an official digital currency. Quite interesting project IMHO.

https://www.riksbank.se/en-gb/payments--cash/e-krona/e-krona...

Re: PayPal stops payouts to models on Pornhub

#173

Post by x220 »

Amezarak wrote: post #158
aazaa wrote: post #135

Financial deplatforming is a monster, long-term trend to watch over the next decades. Deplatforming happens with sex workers. It also happens in the US marijuana industry. It happens with perfectly legal political content. The number of ways in which someone, somewhere will be offended by products or services for sale is growing, driven by a rapidly improving worldwide communication network and delivery system, and b…

Bitcoin’s use case for this is limited. If I were to purchase a product or service that might be subject to deplatforming, it’d better be anonymous, or I risk facing the social sanctions instead. “Amezarak’s bitcoin address sent 10BTC to a sex worker, fire him” is not a much better situation.

That's why you don't use a shitcoin, you use Monero.

Re: PayPal stops payouts to models on Pornhub

#174

Post by fowl2 »

Presumably there's a reason that payment processors have straight up ban customers instead of increasing fees to cover costs? I mean different industries already have different risk profiles and fees.

I can think of an analogy to interest rates, which vary tremendously depending on risk.

Re: PayPal stops payouts to models on Pornhub

#175

Post by x220 »

vbezhenar wrote: post #157
zamadatix wrote: post #131

Earlier quoted context omitted.

Water/power are utilities and are regulated differently than other industries. But your general question is an open debate. If you run a hosting company do you have to host things you disagree with? If you run a transaction company doy you have to exchange with parties you disagree with? What if a certain type of transaction is too high risk, do they have to do it anyways? Personally I'd like to see things lean more…

If you run a shop, you can't decline service to democrats, even if disagree with them. You can't discriminate, that's the law. I don't see how is it radically different from running a hosting company.

You legally can, but you shouldn't.

Re: PayPal stops payouts to models on Pornhub

#176

Post by cameronbrown »

x220 wrote: post #173
Amezarak wrote: post #158

Earlier quoted context omitted.

Bitcoin’s use case for this is limited. If I were to purchase a product or service that might be subject to deplatforming, it’d better be anonymous, or I risk facing the social sanctions instead. “Amezarak’s bitcoin address sent 10BTC to a sex worker, fire him” is not a much better situation.

That's why you don't use a shitcoin, you use Monero.

JFC, this tribalism in the cryptocurrency space is harming adoption. "Shitcoin"? Please grow up..

Re: PayPal stops payouts to models on Pornhub

#178

Post by r00fus »

basch wrote: post #147
aazaa wrote: post #135

Financial deplatforming is a monster, long-term trend to watch over the next decades. Deplatforming happens with sex workers. It also happens in the US marijuana industry. It happens with perfectly legal political content. The number of ways in which someone, somewhere will be offended by products or services for sale is growing, driven by a rapidly improving worldwide communication network and delivery system, and b…

wheres the disruptive fintech for these underbanked? Sounds like a gold mine for the right marketing team.

It's supposed to be called government. Public banking (like what California has recently approved) should be the answer for legal and under-banked.

Re: PayPal stops payouts to models on Pornhub

#179

Post by grzte »

mjevans wrote: 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

Free speech? Corporations can set their own rules!!! The same thing they say to stop the evil nazees.

Re: PayPal stops payouts to models on Pornhub

#180

Post by kevin_thibedeau »

toomuchtodo wrote: post #8
mjevans wrote: 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

Stripe won't touch adult content, I've tried (chargeback ratio is very high, I don't blame them). Very hard to find processors who will work with adult content of any sort. The real problem is that person to person money transfers shouldn't be prohibited unless by law. Perhaps Pornhub, in the US at least, could use something like Zelle to mediate transfers between patrons and performers (using their bank account to m…

US PayPal is not a bank. They don't actually perform money transfers between individuals. You pay PayPal and they disburse it to your designee. There are two transactions involved.
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