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OnlyFans drops planned porn ban

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Re: OnlyFans drops planned porn ban

#111

Post by zimpenfish »

onlyfansfan wrote: post #97

A question to you entrepreneurial types. Why does an globally established and growing company with a proven business model want to raise a billion dollar investment? It's money they'll have to pay back with interest and I assume there would be other strings attached (like the high risk implied by the planned move that was now canceled). How is possibly better than organic growth at this point where they are probably…

> Why does an globally established and growing company with a proven business model want to raise a billion dollar investment?

The suggestion I saw go past on Twitter was "because the current owner wants to cash out his $MM investment" but I cannot vouch for the accuracy, etc.

Re: OnlyFans drops planned porn ban

#112

Post by treesknees »

traveler01 wrote: post #66

As a Gen-Z also recently graduated (less than 5 years), I can assure you, the fact these platforms are so big is because being graduated isn't worth anything these days. You are lucky or you are not.

That's not exactly true. It's not that an undergraduate degree is worthless, but it's become pretty standard. You may not stand above the rest with just a degree, but you certainly fall below the rest without one.

I don't mean this from an intelligence or skill perspective, some of the smartest people I know don't have college degrees. But when the big companies are recruiting from college career fairs or listing it as a job requirement, you can and will be passed over for jobs because you don't have one.

Re: OnlyFans drops planned porn ban

#113

Post by immmmmm »

dna_polymerase wrote: post #103
immmmmm wrote: post #74

Earlier quoted context omitted.

a good friend of mine is a sex worker, a cam girl to be precise, and uses OF as it is safer than other platforms. it should be noted that she is a brilliant individual and do this job due to severe psychiatric problems that prevent her doing more "normal" jobs. she feeds one child with this money, as a lot of sex workers that are also loving moms. it is important that such platforms do exist (if they implement proper…

> it should be noted that she is a brilliant individual it should NOT be noted. Too many good people died in the wars of past centuries to get us to the freedom and liberty we enjoy today to let any fundamentalists dictate what a normal job is and who works it. Sex work is work and if you dislike it you'd might enjoy Afghanistan these days.

i know, unfortunately sex work is still highly stigmatized, including in western present cultures.

you don't need to go as far as afghanistan, i'm back from eastern europe where my friends from the LGBTQ community are literally being beaten by neo nazi funded by putin.

Re: OnlyFans drops planned porn ban

#114

Post by gunfighthacksaw »

CabSauce wrote: post #100
traveler01 wrote: post #66

As a Gen-Z also recently graduated (less than 5 years), I can assure you, the fact these platforms are so big is because being graduated isn't worth anything these days. You are lucky or you are not.

Getting a degree in a field that has jobs helps too.

Doesn’t help when you don’t have the foot in the door because your family is not traditionally professional.

I had to ask one of my old graduate project partners for a referral to my current (and first, at 27) tech job and I still feel dirty and guilty that I got it so easily and managed to escape the trap of being extremely qualified while making min wage in a dusty shithole of a warehouse.

“It’s not what you know, it’s who you know” was a phrase of derision growing up, but it’s how the world works now.

Re: OnlyFans drops planned porn ban

#115

Post by XorNot »

LudwigNagasena wrote: post #71
adriancr wrote: post #55

Earlier quoted context omitted.

Oh damn... I wasn't expecting this from them... > Adult Content and Services: Pornography and other obscene materials (including literature, imagery and other media); ...

Why would a service that desperately tries to get normalized shoot itself in the leg like that and allow something controversial?

Sex work isn't controversial, it's just a magnet for fraud. The first thing someone does with a stolen payment method is usually go and spend it on porn - or if you're advanced, sets up a money laundering scheme to spend it on "porn" and circulate it back to themselves. It's just the nature of the business.

Re: OnlyFans drops planned porn ban

#116

Post by [deleted] »

ckdarby wrote: post #86
doikor wrote: post #43

Earlier quoted context omitted.

More likely "we managed to get a deal in place with our payment processor". The only reason why they were going to do this was their payment processor saying they would stop processing their payments.

With all the PR a major bank that deals with high risk would have stepped in. There is too much volume and processing to turn a blind eye from this deal. It should be noted that the cams see a lot lower chargebacks than subscriptions because of the shady tactics a lot of subscription adult sites use. Example would be not noticing a "$1 trial" addon being offered that recurs at like $44.95/month. The rest of the charg…

[deleted]

Re: OnlyFans drops planned porn ban

#117

Post by ibejoeb »

ren_engineer wrote: post #12

if they are smart they'll move to crypto and hopefully start a movement away from these centralized payment processors. Stuff like this might finally be what causes mainstream adoption

I can't be the only one who's not hot on crypto. Do we really want a world where even the simplest transaction is permanently recorded publicly and cryptographically sealed? The governments will just mandate custodial wallets and we'll be back in the same place with respect to things like forfeitability.

Re: OnlyFans drops planned porn ban

#119

Post by JohnJamesRambo »

onlyfansfan wrote: post #97

A question to you entrepreneurial types. Why does an globally established and growing company with a proven business model want to raise a billion dollar investment? It's money they'll have to pay back with interest and I assume there would be other strings attached (like the high risk implied by the planned move that was now canceled). How is possibly better than organic growth at this point where they are probably…

Investors are the final customer in a bubble. Uber and WeWork were never going to be profitable. The game was to convince investors they could be. In a bubble, it feels like anything is possible and silly things like math just weigh you down.

Re: OnlyFans drops planned porn ban

#120

Post by lordloki »

simonh wrote: post #35
TheMagicHorsey wrote: post #9

It's extraordinary that payment processors don't have any regulations that force them to serve businesses in a neutral fashion. It's weird that they're allowed to play morality police with the Internet even though they have no formal governmental role as such. You'd think that once the government decides what is and isn't acceptable, the processors would follow that lead. But instead they go a different, more restric…

I don't see how common carrier type regulation in the financial services industry could work. You're essentially forcing people to lend out or risk their money with anyone who asks regardless of their financial status or the risk profile of their business. Surely choosing what business risks you are willing to take must be some sort of right? The only way out of that would be blanket government insurance for payment…

You do see that this is specifically an issue with the credit services threatening to refuse the processing of payments and not simply withholding credit. These are two different banking services, and you can support neutral payment processing without supporting neutral (forced in your vocabulary) lending. The reasons that the banks are as regulated as they are everywhere is because of the huge amounts of power that they have by controlling the flow of money. If you deregulated banks you would end up with one bank that controlled the world.
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