Altered name of story, actually:”Paypall pulls out of Pornhub”
PayPal stops payouts to models on Pornhub
281–290 of 802 posts
Re: PayPal stops payouts to models on Pornhub
#282Square and Cash App now is your time. You talk about economic empowerment but are you really bout that life?
Doubt. Porn is one thing, but, to take a moral public stand in the same year of the Chef/Github/ICE controversy seems risky.
Re: PayPal stops payouts to models on Pornhub
#283I’m the last person to jump on the bitcoin bandwagon, but this is one case where I think it’s warranted.
Bitcoin isn't good for transactions. It's too slow, too cumbersome for he average consumer and its value fluctuates so much that you'd have to have dynamic pricing. I love the idea of crypto currency and I really do think, one day, some form of it will be out future. But Bitcoin today just doesn't fit that bill at all.
Their second layer network (lightning) is still very early, but it really does solve a lot of the slowness issues. I use it for purchases a few times a week, and rarely run into issues.
If you have a few minutes and a few dollars in bitcoin, install Breez wallet, and try it with a few sites like yalls.org.
Note: This obviously doesn't solve the value fluctuation problem.
Re: PayPal stops payouts to models on Pornhub
#284Earlier quoted context omitted.
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 m…
>Who could possibly threaten a bank over handling financial transactions for sex workers? And what could they possibly threaten the bank with?
The SESTA/FOSTA for banking seems to be coming:
https://www.thedailybeast.com/why-sex-workers-are-wary-of-el...
"Warren’s joint effort with Florida Senator Marco Rubio in 2017 to introduce legislation that would enable banks to discriminate against sex worker, known as the “End Banking for Human Traffickers Act.” (Despite bipartisan support Warren and Rubio’s initiative was never voted on by the Senate, but the same bill has been reintroduced this year as H.R.295 - End Banking for Human Traffickers Act of 2019 and just passed the House Foreign Affairs Committee in March.) "
Re: PayPal stops payouts to models on Pornhub
#285Earlier quoted context omitted.
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?
The old world. Europe.
Re: PayPal stops payouts to models on Pornhub
#286Earlier quoted context omitted.
> Pornography consumption generally does not represent "moderation" of sex, but the extreme end of it - you crave sexual stimulation so badly that you resort to watching other people having their sexual urges fulfilled (which can then make the porn consumer less motivated to pursue healthy avenues to achieve their own sexual fulfillment, leading to a downward spiral). This is equal parts editorializing and [citation…
> This is equal parts editorializing and [citation needed]. Keep in mind that correlation != causation. If you still trust any citations to social science research in 2019, I have a bridge to sell you. Unfortunately it is my strong belief that for the moment, we're on our own on this one. When discussing climate change, programming language trade-offs, tax policy, etc, give me all the evidence and data. But for this…
> I'm sure you and many other HNers will hate that answer, but I stand by it.
I don't "hate" it; I just don't think it's worth anything. It's incredibly foolish to think that your own experiences qualify you to make sweeping statements about something as weird and subtle as human sexuality.
> As to your second point, if shallow and transactional sexual relationships becoming more common does not seem to you like a downside, I doubt we will ever see eye to eye on this.
Probably not. They're not my cup of tea personally, just because I am who I am, but again I don't consider that a basis for making a value judgment. I would love to hear you clearly articulate why you do attach a negative value judgment to this hypothetical increase in casual sex. Maybe you will change my mind—I am a reasonable person.
> google "consequences of extreme sexual liberation" and find any number of articles
The results of this were laughable. Nothing but more opinion and editorializing (that seems to be a theme here).
> I'm unwilling to go into more detail as sharing my opinions on topics less controversial than this has resulted in real life threats more than once.
Well, this is the internet and I'm not going to threaten you. If you can't produce a cogent argument, that's on you.
Re: PayPal stops payouts to models on Pornhub
#287Earlier quoted context omitted.
> It also happens in the US marijuana industry Most of the marijuana industry is illegal in the US. States making it legal doesn’t change the Controlled Substances Act. As banking is federally regulated, banks don’t have the freedom to knowingly allow illegal businesses. Porn however, is legal, and deplatforming a legal product/business is wrong in my opinion. To be clear, I am not suggesting marijuana should be ille…
Porn is legal if everybody involved is above age and gives consent and is capable of giving consent at the time and that consent is properly recorded and the resulting content is not judged criminally "obscene" by some judge in a hick town. Which is way too many ifs for most banks, particularly given the meager returns on offer.
> Porn is legal if everybody involved is above age and gives consent and is capable of giving consent at the time and that consent is properly recorded and the resulting content is not judged criminally "obscene" by some judge in a hick town. Which is way too many ifs for most banks, particularly given the meager returns on offer.
By why is the bank on the hook here? Is the ISP on the hook for serving the content? If the bank followed the regulations around KYC why would they be liable?
Re: PayPal stops payouts to models on Pornhub
#288Financial 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…
Does anyone know of any solutions to this?
Are there any payment options that have so far been immune to this issue?
Maybe it's worth setting up alternative payment methods, even if the percent they charge per transaction is much higher, just to ensure stability of access to funds.
Re: PayPal stops payouts to models on Pornhub
#289Earlier quoted context omitted.
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.
Banking is a citizen right. Well, at least it should be.
In Germany every bank is obliged to offer everyone (including homeless, overindebted, asylum seekers, etc.) a so-called base account, which offers a way to receive payments and pay the bills and get a basic debit card. However, the law has a mistake: The price of the base account is not regulated. And many banks charge more than for a "normal" account.
Germany is still a cash country in many aspects. It's worse in Sweden in Finland, where you often cannot buy a train ticket without a debit (or credit) card, cash is no longer accepted.
Re: PayPal stops payouts to models on Pornhub
#290Financial 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.
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