That is a lot of people who are suddenly going to need to find work...but I think a lot of the sexually themed OF's will migrate to other cam websites. I wonder how much money OF will lose because of this decision?
OnlyFans to block sexually explicit videos starting in October
21–30 of 1001 posts
Re: OnlyFans to block sexually explicit videos starting in October
#22Ostensibly, payment providers block this type of thing because it has higher fraud risk, but this makes me wonder: do countries where credit is less fundamental to payments have the same problem? My understanding is that in the UK, for example, you could make a deposit to a betting site with the same payment card you use to buy milk, since it's more secure than a credit card and the counterparty assumes less risk.
That should be a myth by now. Would be interesting if e.g. Stripe could share the fraud statistics for onlyfans. The banks probably do this purely to keep up appearances and avoid potential bad PR.
Re: OnlyFans to block sexually explicit videos starting in October
#23So, serious question because I know very little about OnlyFans other than the general knowledge flowing around the internet: What does this leave of the site? Because my impression was certainly that this was the purpose of the site.
That's my question, too - I thought OnlyFans was a hosting platform for personal porn sites; I remember there was a big uproar a few months back when some TikTok influencer joined the site and started posting non-adult content. People were upset that they were diluting a site that's specifically for adult content.
Re: OnlyFans to block sexually explicit videos starting in October
#24Patreon made similar decisions about four years ago when they began to tighten their terms for NSFW creators.
https://www.engadget.com/2017-10-27-patreon-adult-content-cr...
Much of the pressure came from payment processing partners and banks, much like is described in this article.
https://www.vice.com/en/article/vbqwwj/patreon-suspension-of...
It seems like for any crowdsourced funding platform there is a volume cap for NSFW content imposed by the need of those platforms to seek wider audiences and funding sources.
Re: OnlyFans to block sexually explicit videos starting in October
#25Goodbye OnlyFans
Re: OnlyFans to block sexually explicit videos starting in October
#26RIP: their biz model
Re: OnlyFans to block sexually explicit videos starting in October
#27There's clearly some sort of opportunity here for an Audius like decentralized application/protocol (with the UI figured out), or just applications on Urbit when that stack is ready enough.
Centralized services like this will always fail eventually. We need better models than our current megacorp/client stack and the incentives that creates for most services.
In this case though it may be a factor of liability changes on high risk content: https://www.wired.com/story/how-a-controversial-new-sex-traf...
It's not so much the tech companies and payment processors that are making policy, but a reaction from them to changes in government policy that increases their exposure.
Re: OnlyFans to block sexually explicit videos starting in October
#28Ostensibly, payment providers block this type of thing because it has higher fraud risk, but this makes me wonder: do countries where credit is less fundamental to payments have the same problem? My understanding is that in the UK, for example, you could make a deposit to a betting site with the same payment card you use to buy milk, since it's more secure than a credit card and the counterparty assumes less risk.
Here in the United States I use the same debit card for sports betting and groceries.
Re: OnlyFans to block sexually explicit videos starting in October
#29So, serious question because I know very little about OnlyFans other than the general knowledge flowing around the internet: What does this leave of the site? Because my impression was certainly that this was the purpose of the site.
I think the initial purpose was similar to Patreon: allowing creators a way to monetize. It just became famous due to the pornographic content.
Re: OnlyFans to block sexually explicit videos starting in October
#30Why can't these websites simply find other banks to do business with?
I mean also overseas, for sure the extra costs (if any) are better than basically killing the golden goose.
The odds of Onlyfans becoming the huge phenomenon that it is were so slim, it seems like a waste of luck to just throw it all away because of banking problems.