It’s kinda scary how finance and payment processing companies can just destroy a company and a whole bunch of people’s livelihoods by themselves just because they decide they don’t like what they sell, and have no oversight whatsoever preventing them from doing this.
Tinfoil hat time: giant capital wants more labor doing menial jobs rather than making enough to not need a minimum wage job because of OF and are willing to tear down what they’re invested in to do so. They won’t stop shutting up about the “labor shortage” as is.
I absolutely think there’s an element to this. We see OnlyFans and think of the people on our lives who have turned to it as a source of income. Rich fucks see OnlyFans and think of the article they read about how many workers are supposedly quitting their jobs to pursue sex work
I’ve read the average OF creator only makes like $200. I love a conspiracy as much as anyone but idk if that’s what’s going on here.
Same thing happened with weed shops in California after it became legal (and is still happening). You have to pay in cash. You can use cards but they charge you an ATM fee and give you change back from the nearest $5 interval.
All because finance institutions don’t want to touch those transactions.
Yeah, OP has a very good point, but a lot of private sector decisions like this are partly (and in some cases, mostly) driven by the risk of operating in legal grey areas. It’s the same process by which sanctions that technically allow food, medicine, etc. have the practical effect of choking those things off (banks don’t want to run the risk of financing something that falls outside what’s legal and getting assets frozen/seized).
Of course there’s plenty to be said about the massive influence private companies have in writing laws in the first place, what laws the government chooses to enforce, and what laws private companies choose to flout.
protestant moralism manifesting in capital is as american as apple pie