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PayPal stops payouts to models on Pornhub

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Re: PayPal stops payouts to models on Pornhub

#671
post #563

Earlier quoted context omitted.

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

> ...fanatical anti government propaganda. Jim Crow, Watergate, Catholic priest abuse scandals, regulatory failure in 2008, too big to fail, gerrymandering, police involved shootings, Hurricane Katrina flooding, Keystone Pipeline leaks, ... And, yes, it happens in local markets too: taxi medallion systems, overzealous zoning, local corruption, running Amazon out of Queens, and so on. We could call skepticism fanatica…

Maybe it's time for an update to Hanlon's razor? ;)

  Never attribute to incompetence that which can be adequately explained by corruption.

Re: PayPal stops payouts to models on Pornhub

#672
post #22

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.

Giving btc a more regular market, one outside of gray- to black-market activities and speculation), would almost certainly help stabilize the value.

Re: PayPal stops payouts to models on Pornhub

#673

Earlier quoted context omitted.

That's not lightning. That's just how exchanges work now.

That is how exchanges have always worked, but the lightning network encourages people to use centralized exchanges that already have lightning network channels between all other exchanges and sellers so they don't have to waste time committing unknown amounts of bitcoins between 100+ vendors.

These complexities are why Lightning Network adoption is failing.

Nano fixes this, superbly, securely, instantly, simply.

Re: PayPal stops payouts to models on Pornhub

#674

Earlier quoted context omitted.

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…

Don't give them any info. Write something along the lines of "transfer of money", always. Use separate channel to communicate "why". Every bit of information you give them will be used against you.

including suspicious non-disclosure of the actual "why"...

Re: PayPal stops payouts to models on Pornhub

#675

Earlier quoted context omitted.

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…

Don't give them any info. Write something along the lines of "transfer of money", always. Use separate channel to communicate "why". Every bit of information you give them will be used against you.

Traditional banking customers are still just a policy change away from a locked account tho. Hard to avoid with current systems.

Re: PayPal stops payouts to models on Pornhub

#676
post #460

Earlier quoted context omitted.

profiling is illegal when the service is necessary to live. in germany for example, it is illegal to deny someone access to things like a phone line, electricity or water. (that is, even if you don't pay your bills, they are not allowed to turn of your service. instead, if they want the money, they have to sue you) i believe at this point, access to a bank account is also included in this. as things progress, more th…

German electricity and phone companies can definitely cut you off for not paying. Don't know about water, but I imagine it's similar. What they can't do is deny you a contract in the first place. (Kontrahierungszwang – obligation to contract, concerns the local water company, the biggest local electricity provider and Deutsche Telekom)

i seem to remember a lawsuit some years ago that made cutting off services less straightforward, but you make a good point, the key is that they can't deny you a contract

Re: PayPal stops payouts to models on Pornhub

#677

Earlier quoted context omitted.

10 minutes is nothing. A wire transfer can take hours. A bank transfer can take days. A wire transfer might cost you 20 bucks as well. Bitcoin is amazing at transferring large sums of money quickly, internationally, for a low overhead cost. It's extremely useful for a lot of people.

Where in the world would a wire transfer cost 20 bucks? It's practically free here unless you do something that makes the bank do extra work.

USA: https://www.wellsfargo.com/online-banking/service-fees $30 to send a wire transfer, just within the country. And $15 to receive one too.

Re: PayPal stops payouts to models on Pornhub

#678
It's really disturbing how your "cash register" can dictate what you can sell ?

I hope blockchain payments will come soon as possible to destroy these slow, old school, opinionated payment gateways.

We are not free, we cannot have opinions or say publicly anything against the system.. We are living like any other communist country.

Sad sad situation !

Re: PayPal stops payouts to models on Pornhub

#679
post #466

I'm surprised that people suddenly think that banks aren't greedy enough to profit from the porn industry! Maybe the reason PayPal and so many other companies won't service adult industries is that there are laws that put them within arms reach of criminal liability? On a related note, this reminds me of Operation Choke Point (2013-2017), where the DOJ harassed banks that did business with customers in legal, but "un…

What a legendary name for an operation.

Re: PayPal stops payouts to models on Pornhub

#680

Earlier quoted context omitted.

What a strange rule. Debit cards presumably only cost the bank money if you use them.

So what. Everyone being capable of doing so should pay tax to maintain society functional. That banks should pay tax in form of a couple of free debit card transactions for poor people is not an unfair share. Banks earn enough money because society no longer works without debit cards.

No, I was saying that it is strange that the debit card is only free if you use it a few times. If you give me a debit card and I don't use it, what did it cost you? A few pennies for the plastic?
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