The real OnlyFans scandal is the unaccountable power of platforms and banks
181–190 of 372 posts
Re: The real OnlyFans scandal is the unaccountable power of platforms and banks
#182Earlier quoted context omitted.
The issue is that the banks all move in lock step, undermining the basic principle of the free market. If one bank decides it doesn’t want to deal with porn, fine. But when all the banks decide that, that’s very very bad. The cumulative effect is a chilling of protected speech in a way that congress could never legally get away with.
I mean, if it's really a great market that's underserved, then you should launch a payment processor that serves the market. People think this is about morality, but it's a lot more about the cost of operating in that market. I bet that there are way more claims of fraud, money laundering investigations, subpoenas and other overhead that the banks don't want to deal with. Like teenagers stealing credit cards to pay c…
Checkout.com was most recently valued at $15 billion.
Re: The real OnlyFans scandal is the unaccountable power of platforms and banks
#183Looks like the same thing as wikileaks to me. A combination of bad optics and lawyers getting involved causing a monopolistic supplier to pull their services. Doubt this has much to do with MasterCard attacking the adult industry, it looks more like they want to strongly protect their existing stranglehold on the payment systems. Anything which impacts the way they're seen costs them real actually money I'd bet at th…
This is still attacking the adult industry. You are just suggesting alternative motivations.
Welcome to cancel culture.I can recommend some reading to get caught up.
Re: The real OnlyFans scandal is the unaccountable power of platforms and banks
#184Earlier quoted context omitted.
A girl pleasuring herself isn’t the same thing as encouraging people to storm the White House and overthrow democracy, I’m confused why you would interpolate the two. It is just more fuel for the argument that America has always been so uncomfortable and Puritan with sex and way too comfortable with violence.
Are you talking about the time that BLM tried to storm the White House? https://www.washingtonpost.com/politics/secret-service-moved...
Its also a bit of a non-sequitur to the thread’s discussion.
Re: The real OnlyFans scandal is the unaccountable power of platforms and banks
#185The reason the banks, and through the banks OnlyFans, attack sex is because they are accountable, and don't wish to take risks unless they are very profitable risks. The real danger of platforms and banks is how happy they are to censor for the government, or simply the loudest, richest mouth, in order to keep the profit flowing. If you want to fix it, you put in legal protections for people to do business, rather th…
Re: The real OnlyFans scandal is the unaccountable power of platforms and banks
#186Earlier quoted context omitted.
Absolutely true. Whoever is downvoting leave a comment to explain. Are we okay with banks discriminating against free speech but not against porn?
What is to explain? The article is an Opinion and not representative of The Guardian. It is written by Jillian C York, the author of Silicon Values: The Future of Free Speech Under Surveillance Capitalism. Trying to conflate this opinion piece with The Guardian itself is dumb and shows a failure to understand what an Opinion is.
Re: The real OnlyFans scandal is the unaccountable power of platforms and banks
#187Earlier quoted context omitted.
I have to ask. Who is going to hold banks responsible for their role as just a payment gateway and not the actual people involved or the service? This is like saying banks are responsible for a drug mafia using a laundromat for "money washing" by using sales proceeds of a laundromat depositing into the said bank and sending it away.
The government will. This is the basis of Know Your Customer laws.
Re: The real OnlyFans scandal is the unaccountable power of platforms and banks
#188All these lead to chargebacks.
It's simply not worth it for the banks, it's bad for everyone involved.
It happens more frequently in porn, it has its own risk category, so to say. And most bank regulations are globally similar, so no surprises there. Most transactions have a trajectory between many correspondence banks and none of them wants to deal with chargebacks.
Source, worked in chb department.
Re: The real OnlyFans scandal is the unaccountable power of platforms and banks
#189To all the people here bringing evangelical christians and other nonsense into this: Both OF and the CC merchants are owned by Jews. If they’re any bit intelligent about this they’ll try to push for a legal change/protection by pretending to fight each other.
Re: The real OnlyFans scandal is the unaccountable power of platforms and banks
#190There's this common meme of blaming anti-sex-work sentiment on some bloc of US Evangelicals who secretly rule the Western economy and politics. Because surely, it couldn't be the market speaking out against adult material? Here's an alternative hypothesis: between those anti-sex fundamentalist religious groups (Christian or otherwise) and people who absolutely love everything sex-related, there's the vast majority of…
The market also leads to food full of fat and sugar. Without strong campaigns against cigarettes, the market would make sure it's everywhere. The market also has no problem showing deeply violent content to children. At some point, the status quo was slavery, death penalty, child work, women domination and against gays. Just because if you do nothing the current equilibrium tends in some direction doesn't mean it's t…
Anyway, my point is just that this may just be market at work, and not some conspiracy or minority exerting undue influence over society.
(And my second point is that, for the same reason, I don't buy the argument that shitty technology is good because that what sells with most people.)