Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

OnlyFans to block sexually explicit videos starting in October

bloomberg.com

Post reply on HN
Print view View original

421–430 of 1001 posts

Re: OnlyFans to block sexually explicit videos starting in October

#421

Post by Tenoke »

zz865 wrote: post #385
rejectedandsad wrote: post #270

Earlier quoted context omitted.

The fact that OF is not all in on crypto payments is a massive indictment of crypto as a payment mechanism.

It also highlights the lack of anonymity with crypto - everyone gets to see what you spend money on.

This is a massive exaggeration. I've spent a fair amount of crypto without trying to hide it, please tell me what on.

Maybe the state can find my addresses with a bit more effort than they can find my CC purchases but random people or friends and family not so much unless I want them to.

Re: OnlyFans to block sexually explicit videos starting in October

#422

Post by moonchrome »

dvdkon wrote: post #413
moonchrome wrote: post #340

Earlier quoted context omitted.

If crypto was actually a viable alternative they wouldn't be doing this. I'm not against the promises of crypto - but the tech so far has failed to deliver anything but a platform to streamline illegal activity, asset speculation bubbles and a whole bunch of wasted energy/hardware along with reliving the problems people had historically with bank fraud in free banking and the likes (banks printing their own notes wit…

The properties of certain cryptocurrencies that make them good for illegal transactions also make them good for pornography and other "not illegal but touchy" areas.

Not really - these are high volume low value transactions and need to be low friction. Money laundering and similar illegal transactions are fine with the opposite.

Re: OnlyFans to block sexually explicit videos starting in October

#423

Post by bogomipz »

yibg wrote: post #254
jpeter wrote: post #157

Earlier quoted context omitted.

Why should payment processors force them to. They will make less money

Adult content usually has a high charge back rate. “What? How did this get here? My card must’ve been stolen” when the spouse sees the statement.

Interesting. Yeah I would love to know what percentage of charge backs are a result of that vs stolen cards. It seems like adult entertainment has two significant sources of fraud then. A couple of years ago Visa clamped down pretty hard on "high risk verticals" and the threshold of charge backs they need to maintain. See:

https://directpaynet.com/new-visa-rules-dating-adult-info-pr...

Re: OnlyFans to block sexually explicit videos starting in October

#424

Post by cblconfederate »

perardi wrote: post #207

Wow, you spend years thinking crypto is convoluted nonsense…and then something comes along that impacts a lot of your friends, and you start to change your mind. I have a fair number† of friends and acquaintances who have OnlyFans. Some for side income, some for a substantial portion of their livelihood. And to see that get taken away because the payment processors want them to fall in line…I guess I’m on the crypto…

It's none of our business if your life is strange, the question is if it's illegal, which it isn't.

Re: OnlyFans to block sexually explicit videos starting in October

#425

Post by devrand »

thinkingkong wrote: post #357
yholio wrote: post #279

I can understand the business reasons for cleaning up the OnlyFans brand. But I can't, for the life of me, understand why they are killing a cash cow instead of spining it off into a side business. Clone the full experience on a dedicated site, OnlyFantasy.com, duplicate the whole userbase, and give a simple warning that I can find my favorite stars on another site. In time, the user bases will diverge naturally depe…

Stripe is their payment processor and they're _full aware_ of what Onlyfans' content mostly is.

There was a thread on this a year ago [1]. The leading theories seem to be that they use Stripe for SFW content and others (ex. CCBill) for NSFW content.

[1]: https://news.ycombinator.com/item?id=24291790

Re: OnlyFans to block sexually explicit videos starting in October

#426

Post by perardi »

tofuahdude wrote: post #301
perardi wrote: post #207

Wow, you spend years thinking crypto is convoluted nonsense…and then something comes along that impacts a lot of your friends, and you start to change your mind. I have a fair number† of friends and acquaintances who have OnlyFans. Some for side income, some for a substantial portion of their livelihood. And to see that get taken away because the payment processors want them to fall in line…I guess I’m on the crypto…

"This is all garbage" followed by "Oh, it happened to me or my loved ones and now it's not garbage" is such a classic pattern across so many controversial topics. I wonder how we can be more open minded as a society while still keeping enough skepticism to not accept literal garbage.

Yeah, I absolutely admit to my hypocrisy and/or short-sighted attitude here.

Re: OnlyFans to block sexually explicit videos starting in October

#427

Post by adamcharnock »

perardi wrote: post #207

Wow, you spend years thinking crypto is convoluted nonsense…and then something comes along that impacts a lot of your friends, and you start to change your mind. I have a fair number† of friends and acquaintances who have OnlyFans. Some for side income, some for a substantial portion of their livelihood. And to see that get taken away because the payment processors want them to fall in line…I guess I’m on the crypto…

A number of my friends and loved ones will be affected by this, and many more have been thrown under the payment processing bus before.

And forgive me if this seems ranty, but it isn’t just payment processors, it seems to permeate so much that comes out of the USA. See the various App Store rules too.

And this isn’t about fraud rates. Because why are the fraud rates high? It’s because the sex whole industry is pushed to the fringes, and loaded with shame. “Oh that payment wasn’t me, my card must have been stolen”.

I feel pretty angry how much this puritanical nature in a foreign country affects the people I care about around me.

If you can let China censor your platforms, you can let Europeans have porn.

Ok, rant over. Please don’t downvote too heavily.

Re: OnlyFans to block sexually explicit videos starting in October

#428

Post by dylan604 »

dhosek wrote: post #315
jpeter wrote: post #157

Earlier quoted context omitted.

Why should payment processors force them to. They will make less money

Some years ago I interviewed with a company that served as a payment risk processor for high-risk businesses (in short, porn). The chargeback rate on online porn is huge . As a result, where a traditional payment processor may be 1.3–3.5% depending on the business and the assessed risk, for a high-risk business, the rate can be much much higher. While Onlyfans keeps 20%, I'm guessing that they'd be badly hurt if they…

>While Onlyfans keeps 20%,

Where's the rage against a 3rd party platform ripping off the users?

Re: OnlyFans to block sexually explicit videos starting in October

#429

Post by Tenoke »

smt88 wrote: post #359
rejectedandsad wrote: post #270

Earlier quoted context omitted.

The fact that OF is not all in on crypto payments is a massive indictment of crypto as a payment mechanism.

Even if OF could accept crypto, they'd still need an off-ramp back into fiat. They can't operate only on crypto, even just stablecoins, which is itself the indictment of crypto.

There's plenty of services for that - e.g. Coinbase has an enterprise one for that use case.

Re: OnlyFans to block sexually explicit videos starting in October

#430

Post by recursivedoubts »

tmp_anon_22 wrote: post #330
yholio wrote: post #279

I can understand the business reasons for cleaning up the OnlyFans brand. But I can't, for the life of me, understand why they are killing a cash cow instead of spining it off into a side business. Clone the full experience on a dedicated site, OnlyFantasy.com, duplicate the whole userbase, and give a simple warning that I can find my favorite stars on another site. In time, the user bases will diverge naturally depe…

> Yes, the payment processors will bark at the porn site. Move to a more expensive processor for that site only, pay 5%, 10% fee, it doesn't really matter, it's free money. If PH is having trouble processing any form of credit card, a smaller company will have no chance at all. We're seeing a sterilization of legitimate porn on the internet, done by legitimate tax paying western companies. It'll be left to whoever ca…

the free speech issue has been settled: it is no longer a core value in western societies

it's all who/whom now

i don't like it, but that's the reality

Post reply on HN