It sure sounds like this was forced on them by their payment processors, not that this was a voluntary move. https://twitter.com/danprimack/status/1428420774449266691?s=...
OnlyFans to block sexually explicit videos starting in October
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Re: OnlyFans to block sexually explicit videos starting in October
#272Wow, 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…
Someone else will replicate of
Re: OnlyFans to block sexually explicit videos starting in October
#273Wow, 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…
I'm curious, what fraction of their material, income is nudes (still allowed) and what fraction is sexually explicit?
Re: OnlyFans to block sexually explicit videos starting in October
#274> They’ll still be allowed to put up nude photos and videos, provided they’re consistent with OnlyFans’ policy, the company said Thursday.
Re: OnlyFans to block sexually explicit videos starting in October
#275mounting pressure from banking partners and payment providers HN is often sceptical about use cases for crypto beyond speculation. This looks like one.
What is stopping MasterCard and Visa from banning Coinbase and others if this happens
Re: OnlyFans to block sexually explicit videos starting in October
#276Earlier quoted context omitted.
I assume this will lead to Onlyfans's effective death, much as Tumblr's porn ban seems to have led to, or hastened, its death. Reddit seems to have resisted whatever calls it must be getting to eliminate porn. So far at least. It will ban or quarantine some heretical ideas, but porn is still there.
> Reddit seems to have resisted whatever calls it must be getting to eliminate porn Not entirely. They purged all NSFW subreddits from the r/all and r/popular meta subreddits. They also go on a purging binge whenever a remotely taboo subreddit makes the news.
Re: OnlyFans to block sexually explicit videos starting in October
#277Earlier quoted context omitted.
Crypto payments hasn't taken off yet. It's beyond the scope of most people's ability to pay in crypto. To reach the masses you probably have to go with "know your customer" (KYC) requirements that are going to scare lots of people away when they have to upload photos of their passport and stuff like that to a website. And governments and banks are going to impose the same restrictions somehow. Unless they use a coin…
> Nobody wants their porn purchases to be public knowledge. I'm curious about that, I agree that you can trace transactions of a wallet, but can you figure out who a wallet belongs to?
Re: OnlyFans to block sexually explicit videos starting in October
#278Earlier quoted context omitted.
It's not like they have a choice. Their business was only ever viable at the behest of their payment provider. The reason no one has made an OnlyFans before, and the reason why people have tried and failed, entirely comes down to this.
Oh god I can’t believe I’m going to say this. Crypto/Bitcoin, in keeping with the relationship the Internet and adult content have. Congrats Coinbase, Venmo, and others enabling censorship resistant crypto payments on your revenue bump.
Re: OnlyFans to block sexually explicit videos starting in October
#279Clone 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 depending on interests.
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.
Re: OnlyFans to block sexually explicit videos starting in October
#280Earlier quoted context omitted.
So why do you think they decided to ban sexually explicit content rather than use cryptocurrency?
because the payment providers have 99% of market share?