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OnlyFans to block sexually explicit videos starting in October

bloomberg.com

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Re: OnlyFans to block sexually explicit videos starting in October

#441

Post by sonicggg »

skrtskrt wrote: post #94

This is going to be corporate suicide on a greater scale than Tumblr's policy. I say greater because OnlyFans is/was still on a massive upswing whereas Tumblr was 10 years past its peak already when the nails went in the coffin. Edit: I understand this is supposedly not their choice.

Sounds like a great opportunity for another player to step in and fill the vacuum, given that OnlyFans already proved there's a market for this. Just like Vine vs TikTok.

Also, weird that they would give up an entire market because of prude payment providers. Are these providers from Afghanistan? They should not have that much power over their customers.

Maybe a crypto spin off could work.

Re: OnlyFans to block sexually explicit videos starting in October

#442

Post by adamc »

toomuchtodo wrote: post #175
ozim wrote: post #170

Earlier quoted context omitted.

That is called democracy and yes there are a lot of things that are not sold. General public agrees that explicit material is bad. Right now we have in Poland shops closed each Sunday - it is annoying for me. Selling alcohol in Norway is heavily restricted and I see more and more restrictions on alcohol sales in Poland. Explicit material is tied a lot to money laundering, there is also a lot of scams tied to it and l…

Payment networks should operate according to laws and regulations, not reputation and public opinion. Would you want your electricity turned off because someone did not like who you were or what you believe? That is a road to tyranny.

I agree, but the law does have to consider the very different risk profile some customers present. As has been pointed out, adult businesses have to deal with shame and a lot of fraudulent chargebacks. The reality is that they are much more expensive to service.

Re: OnlyFans to block sexually explicit videos starting in October

#443

Post by devrand »

jessaustin wrote: post #368
tmp_anon_22 wrote: post #330

Earlier quoted context omitted.

> 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…

Eventually this will just drive BTC adoption. Perhaps OF had a reason not to go with this option, but other parties will step up.

While that might help them accept payments, they'll likely then have troubling converting that back to USD and doing normal business banking.

While crypto could fix those issues as well, it's just layers and layers of segments that need wide adoption (B2B transactions, payroll, benefits, etc.)

Re: OnlyFans to block sexually explicit videos starting in October

#444

Post by ipsum2 »

dylan604 wrote: post #428
dhosek wrote: post #315

Earlier quoted context omitted.

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?

Onlyfans isn't a duopoly, unlike iOS/Android.

Re: OnlyFans to block sexually explicit videos starting in October

#445

Post by Johnny555 »

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.

Don't chargebacks go to the merchant anyway? Why would the payment processor care?

Re: OnlyFans to block sexually explicit videos starting in October

#446

Post by ribosometronome »

jwond wrote: post #304
ribosometronome wrote: post #256

Earlier quoted context omitted.

Are you surprised folk agree with things that fit their morals and disagree with ones that don't? Gab was being used to promote hate, violence, and misinformation. Onlyfans is not those things. This feels akin to saying something like, "Oh, you were onboard when the government criminalized murder, how do you feel now that they're criminalizing weed?!"

> Gab was being used to promote hate, violence, and misinformation So is every other social media site

Gab was created as a reaction to other social media sites trying to remove that content. They're clearly different beasts even if Facebook and Twitter don't do nearly good enough of a job at tackling it.

Re: OnlyFans to block sexually explicit videos starting in October

#447

Post by SilasX »

throwaway5752 wrote: post #328
taylodl wrote: post #257

Sadly I know girls who are using OnlyFans to keep a roof over their heads and stay out of abusive relationships. Whether we like what they're doing to make money OnlyFans was providing them a much-needed revenue stream. Now that's being taken away from them by the morality police who won't be affected by the consequences of their own decisions.

With all due respect, the fact that anyone is forced into porn to get housing be safe from abusive partners is the indictment of a society. I get that it's a de facto situation for some, but let's not drop the onus on "morality police", payment processors, and OnlyFans for a massive societal failure to help vulnerable people. You could take that argument as far as you want (prostitution, drug sales, etc). There is so…

Agreed, I think this is a crappy policy and I feel sorry for those that would get hurt by it, but blaming it for the suffering of domestic violence victims is over-the-top.

Re: OnlyFans to block sexually explicit videos starting in October

#448

Post by postsantum »

ozim wrote: post #170
l33t2328 wrote: post #152

Earlier quoted context omitted.

This is absolutely ridiculous. What if they decide people can no longer buy dildos or lube or condoms or guns or alcohol or meat on Fridays? There’s no law with respect to “payment neutrality”??

That is called democracy and yes there are a lot of things that are not sold. General public agrees that explicit material is bad. Right now we have in Poland shops closed each Sunday - it is annoying for me. Selling alcohol in Norway is heavily restricted and I see more and more restrictions on alcohol sales in Poland. Explicit material is tied a lot to money laundering, there is also a lot of scams tied to it and l…

No, this is dictated by a vocal minority of puritans, don't drag "democracy" into this

Re: OnlyFans to block sexually explicit videos starting in October

#449

Post by eurasiantiger »

devrand wrote: post #403
tmp_anon_22 wrote: post #330

Earlier quoted context omitted.

> 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…

My understanding is that this industry has way higher than average chargeback/fraud rates, which is really what discourages payment processors/banks from wanting to support them.

Selling porn site accounts is a popular way to turn stolen credit card details into untraceable cryptocurrencies.

That means there is already an userbase for crypto porn.

Re: OnlyFans to block sexually explicit videos starting in October

#450

Post by kwere »

jhgb wrote: post #401
zdragnar wrote: post #382

Earlier quoted context omitted.

Free speech, separation of church and state has nothing to do with it. Not wanting to be associated with rape, child and revenge porn (variations on non-consent) is all it is. User submitted content is so much harder to verify facts about (consent in particular) and as long as the user submitted content is sexual in nature, it is legal plutonium.

> User submitted content is so much harder to verify facts about That doesn't seem to be stopping e-Bay and such. I don't believe that payment processors have any idea what are people buying and selling.

c'mon man
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