OnlyFans to block sexually explicit videos starting in October • Hacker News Board

Re: OnlyFans to block sexually explicit videos starting in October

#81

Post by rchaud » Thu, Aug 19, 2021, 6:55 PM UTC

Arrath wrote: post #44

GDC7 wrote: post #30

Why can't these websites simply find other banks to do business with? I mean also overseas, for sure the extra costs (if any) are better than basically killing the golden goose. The odds of Onlyfans becoming the huge phenomenon that it is were so slim, it seems like a waste of luck to just throw it all away because of banking problems.

Why hasn't someone started a bank and/or payment processor without these puritanical moral qualms about adult content? Seems like the real golden goose, waiting to be had.

Because that sounds more like an ideologically-driven venture than something that would be good business.

Re: OnlyFans to block sexually explicit videos starting in October

#82

Post by fragmede » Thu, Aug 19, 2021, 6:55 PM UTC

scelerat wrote: post #24

Patreon made similar decisions about four years ago when they began to tighten their terms for NSFW creators. https://www.engadget.com/2017-10-27-patreon-adult-content-cr... Much of the pressure came from payment processing partners and banks, much like is described in this article. https://www.vice.com/en/article/vbqwwj/patreon-suspension-of... It seems like for any crowdsourced funding platform there is a volume ca…

It's a dollar cap - process enough dollars per month or per year, and Visa/Mastercard takes notice (as mentioned by Vice). For all the furor, taking payment via crypto's not viable outside of specific niches. Or rather, OnlyFans did the X vs Y of kick x-rated content off the platform vs get kicked off Visa/Mastercard's "platform", and is going with option 1.

Re: OnlyFans to block sexually explicit videos starting in October

#83

Post by LatteLazy » Thu, Aug 19, 2021, 6:55 PM UTC

Payment processors need to be declared a utility. Any legal business shouldnt have banks playing morality police.

Re: OnlyFans to block sexually explicit videos starting in October

#84

Post by ianhawes » Thu, Aug 19, 2021, 6:55 PM UTC

This seems incredibly odd given that OnlyFan's primary payment processor is CCBill, a massive payment processor focused solely on adult content.

Here is opportunity #3928 for Stripe to step in and earn their valuation and flex their payment muscle and allow adult payments.

Re: OnlyFans to block sexually explicit videos starting in October

#85

Post by ArcticHusky » Thu, Aug 19, 2021, 6:56 PM UTC

kennywinker wrote: post #71

ArcticHusky wrote: post #34

Earlier quoted context omitted.

On ThePornDude, there is a section called "free OnlyFans leaks sites", which is an excellent example of actual content.

Stealing content from self-employed creators is pretty low. There is plenty of free porn on the internet that doesn't involve theft.

Agree, furthermore, those sites are content scrapers from other sources.

Re: OnlyFans to block sexually explicit videos starting in October

#86

Post by Mindwipe » Thu, Aug 19, 2021, 6:57 PM UTC

Visa and MasterCard are pretty evil enterprises, and it's fairly inevitable at this point they will either need to be destroyed or regulated.

Re: OnlyFans to block sexually explicit videos starting in October

#87

Post by alpaca128 » Thu, Aug 19, 2021, 6:57 PM UTC

cblconfederate wrote: post #8

What is it called when your greed for investor money ends up giving a giant opening for your competitor and destroying your business? Also how come even the most profitable company can't compete with deep SV pockets? Is this capitalism?

Maybe it's not investor money but issues with payment processors. Credit card companies don't like porn for some reason, and they're in a position where they can enforce such limits on many platforms.

Re: OnlyFans to block sexually explicit videos starting in October

#88

Post by Mindwipe » Thu, Aug 19, 2021, 6:57 PM UTC

ianhawes wrote: post #84

This seems incredibly odd given that OnlyFan's primary payment processor is CCBill, a massive payment processor focused solely on adult content. Here is opportunity #3928 for Stripe to step in and earn their valuation and flex their payment muscle and allow adult payments.

It's very likely the pressure is coming from Visa and MasterCard (especially MC) rather than at the level of CCbill.

Re: OnlyFans to block sexually explicit videos starting in October

#89

Post by bcheung » Thu, Aug 19, 2021, 6:57 PM UTC

jcun4128 wrote: post #12

Crypto payments maybe? As a medium before it's sold back to USD/regular fiat.

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 that is private, all transactions are going to be recorded in the blockchain and publicly viewable to everyone. Nobody wants their porn purchases to be public knowledge.

It will probably eventually get there but probably at least 5 years out.

Re: OnlyFans to block sexually explicit videos starting in October

#90

Post by viggity » Thu, Aug 19, 2021, 6:58 PM UTC

smells like a publicity stunt to me. "omg. wtf, onlyfans, I won't be able to pay my bills" a million sex workers howl into social media. For 2 months. october rolls around, "we've decided to reverse course". So much free publicity.