"History doesn’t repeat itself but it often rhymes."
Prediction:
https://www.bbc.com/news/world-us-canada-38963007
Also relevant... https://www.youtube.com/watch?v=c_o8vYUU-jo
OnlyFans to block sexually explicit videos starting in October
591–600 of 1001 posts
Re: OnlyFans to block sexually explicit videos starting in October
#592Earlier quoted context omitted.
There was a thread on this a year ago [1]. The leading theories seem to be that they use Stripe for SFW content and others (ex. CCBill) for NSFW content. [1]: https://news.ycombinator.com/item?id=24291790
Stripe should solve for nsfw paid content. That industry is ripe for disruption.
The problem is that the industry is ripe with fraud, even from what were legitimate customers. I listed some examples elsewhere, but I'll repeat:
* Money laundering by people making anonymous accounts with stolen credit cards and then selling them to people using crypto (so that they're not associated with the account).
* Customer's spouses/SO finding out about it and the customer claiming fraud to chargeback and cover it up.
* (More OF specific) Customers making a large payment for custom content and then filing a chargeback after they get it. This is more or less a problem with all digital goods, but probably more of a problem with custom content.
Most banks/payment processors don't want to touch this industry since it poisons their image to others in the network. For example, if Stripe started serving the industry and fraud went up, that ruins Stripe's image to all the banks they interconnect with. It's just segment that isn't worth serving at the expense of all your other markets.
Even if someone made a bespoke payment processor for the industry, banks would just stop working with them.
In reality, the fraud problem really needs to be dealt with first. If your "customers" are going to be bad actors then there's really nothing you can do on the payment side to solve that.
Re: OnlyFans to block sexually explicit videos starting in October
#593CC processing business is hold by 2 American companies. When they warn you (through your CC acquirer), you have zero negotiation power. Comply or die.
You can use proxies if you are a small company. But at onlyFans' level, the solutions are limited.
PS: By experience, I can also confirm that most of the CC acquirers evaluate your business not on its legality but on its morality.
PS2: With mandatory 3DS2, the excuse of high fraud/complains rates (which were true 10 years ago) does not make sense anymore.
Re: OnlyFans to block sexually explicit videos starting in October
#594This 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.
> This is going to be corporate suicide on a greater scale than Tumblr's policy. Strong disagree. They lined their coffers and now it's time to pivot. In fact, it's probably the perfect time to pivot. They are still relatively unknown, and their reputation hasn't been tarnished. Patreon is ripe for disruption. Pornography is not how you become a billion-dollar unicorn, which is I'm sure what they're eyeing (especiall…
I don't know - OF has one type of users, Patreon has another type of users. OF would need to completely re-brand themselves, name change and all - because seriously, what non-adult (or those very close to adult content) content-creators would use OF as a platform for their work?
Onlyfans is synonymous with camgirls and porn
Re: OnlyFans to block sexually explicit videos starting in October
#595Earlier 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.
A lot of the attacks against amateur porn and sex work are by religious groups masking their actual motive by focusing on consent verification. Verification raises the barrier and makes performers much more vulnerable since their legal identities are attached to their work. https://newrepublic.com/article/160488/nick-kristof-holy-war...
> Verification raises the barrier and makes performers much more vulnerable since their legal identities are attached to their work.
Producers should have been doing this anyway.
https://www.law.cornell.edu/uscode/text/18/2257
> "... create and maintain individually identifiable records pertaining to every performer portrayed in such a visual depiction."
Re: OnlyFans to block sexually explicit videos starting in October
#596Earlier quoted context omitted.
Stripe's hands are tied - they need financial services to operate and banks (and CC processors) are the ones pushing down these puritanical values.
Could be wrong, but I think it's less puritanical, and more that transactions with these types of vendors are overwhelmingly fraudulent and charged-back. It's a big liability for the processors.
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Re: OnlyFans to block sexually explicit videos starting in October
#597The real reason is probably that "adult Patreon" probably isn't a sustainable business model. The incentive for famous influencers to scam users with photos and videos that are only technically nude is just too high, and that will result in charge backs galore.
Re: OnlyFans to block sexually explicit videos starting in October
#598More money for Twitter. I would venture to say Twitter has more sexually explicit content then OnlyFans.
Re: OnlyFans to block sexually explicit videos starting in October
#599Does anyone else here feel the Onlyfans phenomenon is just exploiting sad lonely men who’d be better off leaving the house, doing some exercise and trying to eat healthier and build their IRL social networks? This whole cam-girls making a fortune this way seems somehow more dishonest than normal porn to me, maybe because it’s about these guys (who can never have relationships with these women) building a personal and…
I suspect the economics of OnlyFans is similar to the economics of gambling, loot boxes, and heroin. 20% of the users are generating 80% of the revenue. People can form an unhealthy relationship to anything, but there’s probably a lot of people getting real enjoyment out of OnlyFans without it causing personal problems.
Re: OnlyFans to block sexually explicit videos starting in October
#600Wow, 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…
If crypto was actually a viable alternative they wouldn't be doing this. I'm not against the promises of crypto - but the tech so far has failed to deliver anything but a platform to streamline illegal activity, asset speculation bubbles and a whole bunch of wasted energy/hardware along with reliving the problems people had historically with bank fraud in free banking and the likes (banks printing their own notes wit…
Honest question, I tried to ask it below: the optics issues of being associated with illegal activity, being a waste of energy and hardware during a chip shortage, as well as the actual reality that most people in crypto are speculators at this point, these seem like issues that crypto advocates can actually recognize and address so crypto can achieve wider adoption. It unfortunately feels like crypto enthusiasts just dismiss these concerns and think they don't matter, which just maintains the status quo with respect to its adoption.