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PayPal stops payouts to models on Pornhub

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Re: PayPal stops payouts to models on Pornhub

#611
post #606

Earlier quoted context omitted.

If the site does not have 3dsecure then chargeback is easy... And yes, agreed, SMS stinks. I have tokens for everything and insist on that. Unfortunately some banks now only have sms...

See my edit about hw tokens. To me hw tokens are bad, not only because of the UI/UX disaster explained in the link above, but because I have to have the damn thing with me. Also, batteries ran out while I was in the US for 4 months, and the bank would not send me a new one, I'd have to come get it in person. Thanks bank! And chargeback was always impossible in my case. In the US I click a button in the webui, or call…

Seems you had bad luck but to me that still doesn't warrant free 'screw all merchants' card.

Re: PayPal stops payouts to models on Pornhub

#612

Earlier quoted context omitted.

It's not a moral choice. It's a case of the business is not worth the hassle. KYC rules mean the bank is on the hook if they are found to harbor ill gotten gains and the sex industry had a some troubles in the past, while not producing enough volume on an individual level to make it worthwhile for a bank to overlook things.

That just seems like profiling at that point, since they’re basically rejecting service to an individual just because of their profession. Sure they might say that there may be a higher probability of a someone in the adult industry being involved in illegal activities, but is it fair to outright deny service on such a wide scale?

The bank secrecy act forces you to profile. That’s why Caitlin Long repeatedly pointed out [1] how it is most likely an unconstitutional law and needs to get challenged in court. But it creates a moat around banking and therefore has not been seriously challenged.

[1] https://youtu.be/LQX0trzomxg

Re: PayPal stops payouts to models on Pornhub

#613

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.

Or just accept Nano, and not have any hassle at all!

Just put a Nano QR code on display and voila! - Instant notification of immutable, secure payments from anyone in the world. No complexities, no wait for confirmations, no unreliable unsafe Lightning Network channel complexities.

Re: PayPal stops payouts to models on Pornhub

#614
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'm with you except for conflating right wing propagandists with sex workers and the cannabis industry.

Right wing propagandists are rarely deplatformed compared to the other two groups and when they are it's generally for spreading conspiracy theories (remember that people have already died because of Pizzagate and QAnon "truthers") or inciting (racial/religious/homophobic) hatred.

The difference is that right wing propagandists are also a lot more vocal than the other group (or left wingers for that matter), skewing the perception. There's a widely known joke about how many comedians have shows on mainstream platforms with titles like "Cancelled" or "Triggered", complaining about "things you can't say anymore". Also see the "Intellectual Dark Web" whose whole shtick is being "deplatformed" by academia and the mainstream while having a massive mainstream media presence.

Re: PayPal stops payouts to models on Pornhub

#615

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…

Why would you assume adult workers don’t care about Bitcoin? I follow “crypto twitter” a bit and there are certainly a decent number of adult workers that are interested in it. Most understand the benefits for an industry that is in a legal gray area. Building your own PayPal is way harder than building a payout mechanism for Bitcoin.

You don't need PayPal or Bitcoin - you just put a Nano address or QR code in the model's webcam backdrop and voila! Instant notification of instantly-immutable secure payments.

No Lightning Channel complexities, no hour-long wait for Bitcoin confirmations. Nano simply works, beautifully.

You can try it yourself for free - you'll be amazed by its free sub-second fee transfers: http://trynanocurrency.com

Re: PayPal stops payouts to models on Pornhub

#616
post #425

Earlier quoted context omitted.

European gambling operators don't. It is pretty much impossible for a European operator to get PayPal (there have been a couple of exceptions).

The big UK gambling sites all accept PayPal.

And I can guarantee they all had to go through a long, painful process with reams of paperwork to get there.

Re: PayPal stops payouts to models on Pornhub

#617
post #585
post #575

Earlier quoted context omitted.

So I can't use my personal account to receive salaries? Does the bank have to know/care about the details my profession?

yes. they will close your account if you receive money from dubious activities (sex and drugs usually). they will also close your account if you can't prove where the money is from. i had this issue myself in europe. a friend paid me back a hefty sum. my friend had issues proving where he got the money from. my account was swiftly closed.

What happens when an account is closed? Do they send you a check with the remainder of the money on the account, or do you lose everything?

Re: PayPal stops payouts to models on Pornhub

#618
post #563

Earlier quoted context omitted.

Which further highlights how many "problems" that tech people in the US have tried to solve (transit->uber, various health care start-ups, etc) are essentially due to the failure of the US state to function properly or even focus on the right thing.

Yup, it seems US citizens pay crazy amount of hidden tax because of inefficiencies caused by fanatical anti government propaganda. This isn't only about freedom it's about keeping power in certain hands. Too bad it's being exported everywhere

Just like how most public healthcare proposals in the US while technically raising taxes would end up leaving the individual with a much lower financial burden because of the ridiculous amounts of money Americans pay for healthcare and medication.

Re: PayPal stops payouts to models on Pornhub

#619

Earlier quoted context omitted.

If you actually read my post, I do imply that when it is worth it, the banks will overlook things, but an individual sex worker's business is not worth the risk (probably, I'm not a banker). They'll help you launder $100 million, but not $10000.

They'll help you launder $100 million, but not $10000. Actually, no; they won't. That is unless you find a crooked banker (probably a number of them), which is willing to help. While it's a nice illusion that a bank will do anything for money and this may have been the case 30 years ago this has massively changed. The reputational risk and the risk of criminal prosecution, including loss of the banking license in cri…

That's just mincing words. Fine, so it won't be a bank that helps you launder $100 million, but an employee of the bank. Ultimately, it is a human that makes the decision, not some abstract entity. I thought it would be obvious (and won't require the addressing of every irrelevant technicality) that banks don't provide money laundering services in their catalog, but above a certain sum, you can just shop around until you find willing individuals. Happy now?

Re: PayPal stops payouts to models on Pornhub

#620

Earlier quoted context omitted.

Forbidden in germany. There is literally a law, which basically says: everyone needs to have and is allowed to have a banking account.

I'm living in Germany, the bank account of my neighbor in Commerzbank was closed because he wrote "hooker money" in description when sending money to one of his friends. At least that's what we believe because they refused to explain why. He could easily open another account in Volksbank and according to him, when the new account manager asked and learned why his previous account was closed, they had a pretty good la…

Banks in EU are forced to monitor their customers' transactions. I think it's one of the ways to comply with anti-laundering and anti-gray market laws.

Last year there was a news article about someone getting a phone call from the bank because the description in a money transfer contained the substring "ISIL".

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