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OnlyFans to block sexually explicit videos starting in October

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Re: OnlyFans to block sexually explicit videos starting in October

#841

This 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.

Why isn't it their choice given the huge profit numbers presented in the leaked pitch deck? Are their server costs really more than hundreds of millions?

Re: OnlyFans to block sexually explicit videos starting in October

#842

This 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.

I honestly did not know they did anything besides porn. They have a really bad marketing department as I bet most people only know of them via porn (or I run in a slightly more degenerate circle).

Bait and switch.

Even if they lose the bulk of their customers, they will still have a bigger network than if they had started with the same platform, but without the porn.

Re: OnlyFans to block sexually explicit videos starting in October

#843

Earlier quoted context omitted.

I find it utterly fascinating that Reddit is able to maintain such a huge porn collection with relatively little attention. I wish I knew what percentage of submissions were in NSFW subreddits, but I wouldn't be surprised if it were the majority. Maybe it's because they're not trying to make money off of it? I don't think they run ads on NSFW subreddits. I wonder if there's a market for something like how strip clubs…

>I find it utterly fascinating that Reddit is able to maintain such a huge porn collection with relatively little attention. I wish I knew what percentage of submissions were in NSFW subreddits, but I wouldn't be surprised if it were the majority. All reddit NSFW content has been removed from /r/popular and /r/all about two months ago. I think they're getting ready for an IPO. All that porn probably won't be there an…

> All reddit NSFW content has been removed from /r/popular and /r/all about two months ago. I think they're getting ready for an IPO.

Bingo. Back in the days one of the most popular subreddit was /r/jailbait (I won't explain what that is here, you can search for it in DuckDuckGo in private mode). Back in the days free speech was huge on Reddit and the admins did quite the mental gymnastics to appease the concerns of the community over free speech. Of course this was done just around the time they got investor money.

Not that I mourn the loss of this kind of content but it really makes you think how low free speech have fallen in terms of priorities going from "we won't even ban jailbait" to "let's ban distasteful subs" and being more prude than my religious grandma in certain aspects. Now it's nearly impossible to post a link in the default subs and nearly all the top comments are obviously bought accounts.

Re: OnlyFans to block sexually explicit videos starting in October

#845
post #832

Earlier quoted context omitted.

> If PH is having trouble processing any form of credit card, a smaller company will have no chance at all. We're seeing a sterilization of legitimate porn on the internet, done by legitimate tax paying western companies. It'll be left to whoever can operate beyond those constraints, which is kind of a sad state of affairs for free speech, separation of church and state, and policing in general. Welcome to the "free(…

The problem exists because payment processing is a duopoly, not a free market (something that, in the case of a natural monopoly, can only be maintained through vigorous regulation).

Payment processing is not a natural monopoly. The fact that it is a duopoly demonstrates that there could be competition in the space, so you can't use that as an excuse.

Re: OnlyFans to block sexually explicit videos starting in October

#846

Earlier quoted context omitted.

It’s a recent push toward more mainstream performers. For example, there are pro surfers who are popular youtube vloggers (e.g. Nathan Florence) who recently started onlyfans channels. Nathan’s is a fitness training channel. It threw a lot of people off guard. And I strongly suspect that onlyfans paid him to start this channel. https://onlyfans.com/nathanflorence https://dailycaller.com/2021/06/17/onlyfans-pivot-porn…

This is pretty stupid though, to throw away the business you have for the business you might have, there is heaps of porn on Twitter, looking at it is optional. Why can't it just co-exist with other "acceptable" content ? I would imagine it's very trivial to have a "Show me explicit content" setting. Edit: Side note, I don’t know why porn is so shameful, especially concerning adults posting high quality content, it’s…

Economically, some people get ashamed, embarrassed or outright offended that paying for sexually explicit material somehow makes that person property that owe them anything they like in return, so chargebacks in this sector are extremely high.

But more likely, it's OnlyFans' lax moderation[1] along with their recent attempt to raise capital have caused greater scrutiny by governments of illegal activity taking place on their platform.

[1] Quick summary by The Verge of a longer BBC article: https://www.theverge.com/2021/8/19/22632797/onlyfans-prohibi...

Re: OnlyFans to block sexually explicit videos starting in October

#847
post #279

I can understand the business reasons for cleaning up the OnlyFans brand. But I can't, for the life of me, understand why they are killing a cash cow instead of spining it off into a side business. Clone 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 depe…

In these cases, it's usually not the payment processors' call.

Visa & Mastercard are happy to ban an entire company from their platform (see PornHub).

Re: OnlyFans to block sexually explicit videos starting in October

#848

Wow, 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…

The fact that OnlyFans isn't even trying to move to crypto to keep their business alive is a stunning indictment of the state of crypto as a viable payment method.

Who says they won't? PH did when this happened to them. Now they accepting like 60 diffferent cryptocurrencies.

Re: OnlyFans to block sexually explicit videos starting in October

#849
post #70

Were they getting their credit card processing in the non-adult category. I know a bunch of adult credit card processors are in the range of 12-15% and OF only takes 20%. Maybe that is why they are cracking down on them. There are plenty of porn sites out there operating legally, wonder why the banks are giving them issue. My guess is that they presented themselves to banks as just ordinary non-adult transactions and…

Their primary payments processor was CCBill, so no, they were using "adult proof" providers. I think there's something going on on the adult payments industry that I don't know about. Either PornHub/OF got too big even for CCBill's approach to dealing with fraud, or CCBill is pulling the plug on websites that take market away from "traditional porn" probably because of pressure from the later.

Probably more pressure from banks related to payouts, then processing.

Money laundering and tax avoidance is a big deal and if OF isn't going out of their way to make everyone happy then they have a potentially multi-billion dollar a year money laundering business going on.

Re: OnlyFans to block sexually explicit videos starting in October

#850
post #529

Earlier 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.

Stripe has more than enough runway in non-nsfw markets to disrupt. NSFW is a hard (read -> $$$) problem to solve. This would be a financially stupid (read -> poor ROI) endeavor to pursue for them.
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