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PayPal stops payouts to models on Pornhub

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Re: PayPal stops payouts to models on Pornhub

#251

Post by echelon »

egdod wrote: post #22
scarface74 wrote: post #14

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.

Would there be a way to peg valuation to clock periods? Or a certain number of transaction counts? (Ie., between the next 1000 transactions the value must be exactly 'X'.)

It would also be interesting for the protocol to gain the ability for arbitrage. Or even negotiate whom the arbitrating party would be.

Re: PayPal stops payouts to models on Pornhub

#252

Post by bduerst »

devit wrote: post #224
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…

I think the test should be whether another company could offer a service giving the same result. So for instance this would be fine: - A web hosting company refusing clients, because you can use another one - Amazon refusing to sell the item themselves, because other companies can sell on the Amazon marketplace - A bank refusing a client, since you can just use another bank This would not be fine: - Apple refusing to…

Which is pretty much where anticompetitive laws are in the U.S. in terms of hurting the consumer.

The fringe cases I would worry about are for tiny niche markets where there is only one supplier, or regulatory monopolies (e.g. healthcare networks).

Re: PayPal stops payouts to models on Pornhub

#253

Post by zelly »

na85 wrote: post #209
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…

But Bitcoin won't solve deplatforming, because the existence of Bitcoin doesn't preclude a bank from deplatforming you. Until Bitcoin is ubiquitous (doubtful this will occur in my life time) we are still vulnerable to deplatforming when we go to exchange btc for fiat.

You can use an ATM (or localbitcoins) to cash out Bitcoin without any connection to your bank account. Bitcoin doesn't have to be ubiquitous to use it even today, you just have to find businesses that accept Bitcoin. A buddy of mine accepts rent from a tenant in Bitcoin. There are exchanges to buy gift cards or Amazon credits with Bitcoin which you can use in real life to buy food. You can realistically go about your life completely in 2019 with just magic internet money. What a time to be alive.

Re: PayPal stops payouts to models on Pornhub

#254

Post by allset_ »

miohtama wrote: post #220
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

There are alternatives. Even obvious ones like wire transfers (ACH, SEPA) which have less fraud due to enforced two-factor and better online banking cyber security. PayPal, on the other hand, is free game after you infect a Windows PC with any malware. The problem is that your CC number is both username and password. Cardsters are looking ways to convert soft credit card money to something without chargebacks. These…

> enforced two-factor

In what world do wire transfers require 2FA?

Re: PayPal stops payouts to models on Pornhub

#255

Post by baroffoos »

devit wrote: post #224
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…

I think the test should be whether another company could offer a service giving the same result. So for instance this would be fine: - A web hosting company refusing clients, because you can use another one - Amazon refusing to sell the item themselves, because other companies can sell on the Amazon marketplace - A bank refusing a client, since you can just use another bank This would not be fine: - Apple refusing to…

So the general rule is that if the companies holds some kind of user lock in they now must accept all legal users. Since a hosting company has no such lock in and moving to another one lets you reach exactly the same audience then they are safe.

Re: PayPal stops payouts to models on Pornhub

#256

Post by bduerst »

dragonsngoblins wrote: post #148
rvz wrote: post #30

Earlier quoted context omitted.

> 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.

That is an extra step which will make people spend less money. Imagine if every time you wanted to buy a cup of coffee or a video game you had to buy a special currency to do it? I bet less of both would be sold

Precisely. Bitcoin isn't a substitute payment system to Paypal.

Re: PayPal stops payouts to models on Pornhub

#257

Post by geomark »

bcheung wrote: post #247
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…

I've had several friends in the adult industry have their checking accounts closed at a several major banks as well. Traditional banking should definitely not be discriminating against fully legal activities.

This is the thing I find very disturbing. That an industry as highly regulated and essential to every day life as banking can pick and choose based on management's moral choices.

Re: PayPal stops payouts to models on Pornhub

#258

Post by LoSboccacc »

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…

some of the greatest damage the progressives have done to our society came from convincing people that the slippery slope is a fallacy

Re: PayPal stops payouts to models on Pornhub

#259

Post by jascii »

rationalfaith wrote: post #246
jascii wrote: post #226

Earlier quoted context omitted.

Sure, I bite: The site you refer to is an book advert and most of its premises have been disproven in peer reviewed research.

I see pro-porn lobby is strong here. For other readers, website is backed up by reddit.com/r/nofap which has 500k+ users who are quitting or quit porn. Countless testimonies. Same website has 75+ peer reviewed research papers: https://www.yourbrainonporn.com/relevant-research-and-articl... You may be paid to lobby for porn, but it only takes truth to undo your lies.

Ah, the first thing that comes to mind when someone disagrees with you is accusing them of being a paid shill..

Re: PayPal stops payouts to models on Pornhub

#260

Post by onlyrealcuzzo »

bcheung wrote: post #247
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…

I've had several friends in the adult industry have their checking accounts closed at a several major banks as well. Traditional banking should definitely not be discriminating against fully legal activities.

Can anyone explain how this even happens?

Who could possibly threaten a bank over handling financial transactions for sex workers? And what could they possibly threaten the bank with?

Even if it's some big business like Chick-fil-A...

Presumably they only bank with one bank, and presumably the porn and sex work industry has more money at that bank than Chick-fil-A.

How's this actually work? It's not making sense to me.

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