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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

#961

Post by banannaise »

mdoms wrote: post #729
rich_sasha wrote: post #712

Earlier quoted context omitted.

Nothing particularly noble about porn, but it irks me that payment providers act as unofficial censors of business. Why should legal businesses be denied access to the de facto legal tender of 21st century? And on a whim of unelected CEOs...

I suspect it has less to do with their puritanical values and more to do with the enormous amount of fraud in the industry and the customer support load it places on them from the husbands, wives and children who swear up and down they aren't responsible for the charges found on the bill.

Even if true, the enormous amount of fraud is in large part a result of their puritanical values. The fraud happens because it's an underground industry, it's an underground industry because of the puritanical values, etc.

This is like saying "drugs are bad because of all the violence" when the violence is mostly a symptom of how we treat drugs.

Re: OnlyFans to block sexually explicit videos starting in October

#962

Post by lynx234 »

nacs wrote: post #829
lynx234 wrote: post #465

Earlier quoted context omitted.

The tech is there but mainstream adoption and understanding is still coming along. It's incredibly easy and cheap to send USDC or DAI to OnlyFans if they accept tokens on a sidechain (like Polygon or Fantom). You don't have to sign up for an account or provide any personal info, just use your wallet to send certain tokens to an address, then you can use that wallet as a sign-in. OnlyFans can then use Coinbase or an o…

> It's incredibly easy and cheap to send USDC or DAI to OnlyFans if they accept tokens on a sidechain (like Polygon or Fantom). I'm a pretty techy guy but in this one sentence alone you said 5 things that I have no idea about nor even heard of ("USDC", "DAI", "sidechain", "Polygon", "Fantom"). The chance of the general population catching onto this stuff anytime soon is slim.

Yea, it's a lot of foreign concepts. Bit of a learning curve to it. Whether or not the incentives are great enough so that the public goes past the learning curve is going to be interesting to see.

Re: OnlyFans to block sexually explicit videos starting in October

#963

Post by lynx234 »

analyst74 wrote: post #785
lynx234 wrote: post #465

Earlier quoted context omitted.

The tech is there but mainstream adoption and understanding is still coming along. It's incredibly easy and cheap to send USDC or DAI to OnlyFans if they accept tokens on a sidechain (like Polygon or Fantom). You don't have to sign up for an account or provide any personal info, just use your wallet to send certain tokens to an address, then you can use that wallet as a sign-in. OnlyFans can then use Coinbase or an o…

Isn't USDC printed out of thin air with no backing? Similar to how private bank money was printed before modern banking regulations. What are the guardrails to prevent bankrun like the wild west days of banking?

USDT is printed out of thin air (which is why I didn't mention it). USDC is a bit better and more transparent. DAI is decentralized and backed by collateral.

There's been a lot of talks of regulating stablecoins to ensure backing, which I don't think is a terrible idea.

Re: OnlyFans to block sexually explicit videos starting in October

#964

Post by smt88 »

anonu wrote: post #823
smt88 wrote: post #359

Earlier quoted context omitted.

Even if OF could accept crypto, they'd still need an off-ramp back into fiat. They can't operate only on crypto, even just stablecoins, which is itself the indictment of crypto.

Ah.. DeFi only exists because of CeFi.

"only exists on top of CeFi" is another accurate way to put it

Re: OnlyFans to block sexually explicit videos starting in October

#965

Post by nkrisc »

c3534l wrote: post #817
nkrisc wrote: post #699

Earlier quoted context omitted.

Is it not a porn site? I thought it was a porn site.

When I first heard about it, people were comparing it to Patreon. Then it became porn because of some weird loophole in how credit card companies work. Credit cards and pornography is its whole massive side discussion.

I really thought it was meant to be Patreon for Porn. I've never heard about it an any context other than porn. Until now, if you'd asked me, I'd have confidently stated it was conceived as a porn site. This is truly news to me that it wasn't meant to be a porn site.

Re: OnlyFans to block sexually explicit videos starting in October

#966

Post by ehvatum »

newswasboring wrote: post #949
moepstar wrote: post #911

Earlier quoted context omitted.

That's already in the works / up and running... You're looking for cumrocket . io (no, not joking) and their own Token Cumrocket / $Cummies which is on BSC (Binance Smart Chain).

Probably showing my prudish tendencies here, but that is too disgusting to work branding wise.

You don’t have to like it to love it, where money is involved.

“The live CUMROCKET price today is $0.053191 USD with a 24-hour trading volume of $4,789,810 USD. CUMROCKET is up 61.03% in the last 24 hours.”

Re: OnlyFans to block sexually explicit videos starting in October

#967

Post by tomjen3 »

AussieWog93 wrote: post #611
tomjen3 wrote: post #494

Earlier quoted context omitted.

They can't ban everything, since at the extremis you could buy crypto from eBay sellers. But in the long run you are right: to avoid MasterCard and Visa we should move everything to crypto. It is the only way to control our own destiny.

>They can't ban everything, since at the extremis you could buy crypto from eBay sellers. This is against eBay's policies. All items sold through their site must be delivered physically. If you type "bitcoin" in today you'll only get hardware or novelties, not the coins themselves.

Okay, then sell a hardware token with the bitcoin on them, or the coins as QR codes printed on artisinal paper or whatever.

Or do the sale on some other platform that is similar to ebay.

Re: OnlyFans to block sexually explicit videos starting in October

#968

Post by __MatrixMan__ »

Michaelfonzolo wrote: post #955
__MatrixMan__ wrote: post #857

Earlier quoted context omitted.

I'm ashamed to participate in a society where anyone has to do work they find degrading. We have the technology to eliminate the you'll-starve-if-you-don't-work dynamic. It's heartbreaking that we don't also have the political will to do so.

Pardon my ignorance, but when was it ever about technology? Seems technological progress has done nothing to alleviate the starve-if-you-don't-work condition. Higher industrial efficiency in the 19th/early 20th centuries came with the promise of less work and more leisure, but that never arrived. I'm not sure why, but I'm guessing it's an economic/sociological problem, not a technological one. Curious to hear what id…

I think we're in agreement. It's totally an economic/sociological problem.

I was just pointing out that technology's ability to reduce scarcity keeps increasing--so as time goes on, our obsession with scarcity as a motivator is increasingly embarrassing.

Re: OnlyFans to block sexually explicit videos starting in October

#969

Post by deeviant »

dvt wrote: post #761
deeviant wrote: post #703

Earlier quoted context omitted.

You absolutely must be living in an alternate reality than I am. 1. Onlyfans is extremely well know to the point of being a meme, you couldn't be more wrong. Like what rock would you have to be hiding under to not have heard of OF? 2. Exactly what about Patreon seems ripe for disruption? Looking for something specific here, hopefully something that wouldn't apply to most every other company. 3. ??? But only-fans lite…

> Onlyfans is extremely well know to the point of being a meme, you couldn't be more wrong. Like what rock would you have to be hiding under to not have heard of OF? I disagree. OnlyFans is well-known in streamer/gamer/internet/Tumblr/Twitter culture. Ask anyone on the street and most people won't know about the porn connection. They probably won't even know what OF is. > 3. ??? But only-fans literally became a billi…

> They haven't, though. They "only" made ~400 million last year and can't find investors (did you even read through the Axios report?). Porn is bad for business. I'm surprised people are surprised. Patreon literally did this exact same thing[1] (ditched explicit content after initially allowing it).

Yeah I'm not sure how to respond, since you don't seem to understand anything the same way I do. Like zero points agreement here, which is why I opened with we must be living in a different reality.

When you somebody says a "billion dollar unicorn" they are talking about valuation not revenue. Also the vast majority, effectively all of OF's revenue is related to the adult content they are going to be removing.

Re: OnlyFans to block sexually explicit videos starting in October

#970

Post by swat535 »

The everlasting war against the human naked body continues.

I genuinely struggle to understand the obsession of these payment processors have to block services that focus on displaying the naked human form. Are we as a species so despicable that a nipple offends us? We are all born naked and are essentially part of the larger ecosystem on this planet.

Sure, I could understand the high chargeback rates argument , but then again, huge Bahamuts like MC and Visa can surely absorb the cost here.

These systems provide a safe channel for sex workers to profit _directly_ from their services and yet here we have society pushing them to an unsafe alley to profit.

I hope the hypocrisy of western nations supporting the sexual liberation of women whilst cracking down on their ability to do as they please with their bodies should not go unnoticed .

The extreme religious institutions and people supporting these policies should go down in history as villains.

I sincerely hope that future generations drive change and that one day we can look back at this time and chuckle.

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