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A lot of people are getting the OnlyFans story wrong

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Re: A lot of people are getting the OnlyFans story wrong

#131

Net... uhm.. payment-processors-neutrality! I have no idea why payment processors get to choose and pick what they want to process and what they don't.

Never gonna happen. Controlling the money flow is basically how power has always worked. Unless you have nukes, you can't enforce it

Re: A lot of people are getting the OnlyFans story wrong

#132
post #74

Earlier quoted context omitted.

This. If you are going to be a legal dualolopy, then you can't cut off payments like you can't cut off power or water. Personally I breaking thei anti-trust behavior entirely, so people have options.

It's the high chargeback rate.

That's always the excuse why the payment processors don't like it (payment networks will ban them if their customers cause to many chargebacks), but the payment networks themselves clearly have control over those rules and can put requirements in place to compensate (e.g. require insurance, delay payouts, ...) without full-on banning business types.

Re: A lot of people are getting the OnlyFans story wrong

#133
This is a country where it's practically illegal to hire 13 year olds to work in flower shops, which is the sort of gig apt to teach a whole lot of commercially useful stuff. This is with or without parental consent. Maybe that is the sort of freedom people should get worked up over first?

Re: A lot of people are getting the OnlyFans story wrong

#134
post #106

Earlier quoted context omitted.

You say "it's what happened here" and "But this particular one, because of the seriousness of the allegation combined with its plausibility, did in a big way" - but you haven't actually provided any evidence for it, just repeated assertions that it's true. Can you show anything aside from just speculation?

It's literally been all over the news, with journalists and analysts directly linking the column with the changes at both PornHub in December and at MasterCard in April -- and these are the people who follow this professionally. You can Google it yourself trivially, you don't need to ask someone on HN to get it. But if you somehow don't trust that and you're asking for someone to report on the confidential goings-on…

Ok, well for those of us that didn't read the exact same set of articles you did, you sound like a guy making stuff up...so send some links.

Re: A lot of people are getting the OnlyFans story wrong

#135

At least this explains why normal porn sites keep living on perfectly well using MasterCard and Visa. They already have to follow regulatory requirements to demonstrate they are complying with age and consent laws, each video includes a front-matter frame saying where you can get the documentation of their compliance, and many include behind-the-scenes extra content showing all of the performers presenting government…

If that's the case why can't OF impose these requirements on their creators?

Re: A lot of people are getting the OnlyFans story wrong

#137
post #86
post #41

Earlier quoted context omitted.

Source? Or are you just assuming?

I believe that it's an assumption for now, but a reasonable one to make. I think it's unlikely that Visa exposes itself to legal risks where MasterCard is not - why give your competitor an edge like that?

That assumes that there actually are legal risks, and that there isn’t more money to be made by continuing to process these payments.

Re: A lot of people are getting the OnlyFans story wrong

#139
post #94

I've never heard a good argument against prostitution. The arguments that I hear are against trafficking, rape, child molestation; which are all non-sequiturs: true and valid statements that do not support the argument itself. Can anyone here argue against prostitution per se? I'll listen.

A generic argument: prostitution allows woman without any skills to earn plenty of money which might convince women do go this way even if they don't really enjoy it.

The same argument could be made about IT. Prostitutes sell their private parts, programmers sell their brains.

Re: A lot of people are getting the OnlyFans story wrong

#140
post #106

Earlier quoted context omitted.

Honestly, in this particular case huge companies did make changes on the basis of this newspaper column. It's not common, but it's what happened here. It was an incredibly visible and influential accusation that seemingly came out of nowhere from arguably the most prestigious newspaper in the country, and legitimate businesses like PornHub and MasterCard are terrified of brand association with child porn and sex traf…

You say "it's what happened here" and "But this particular one, because of the seriousness of the allegation combined with its plausibility, did in a big way" - but you haven't actually provided any evidence for it, just repeated assertions that it's true. Can you show anything aside from just speculation?

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