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.
Absolutely. I have no idea how PH and all bypass it. These financial institutions have way too much power.
Edit: And also, the rich fucks at the top of OF are not gonna get punished even if the company tanks. It’s the creators who’re suffering and will suffer.
Pretty sure PH gets by it because they’re just so big they can afford to review all content to appease the credit card companies
Isn’t this what happened to tumblr when it got bought out by a new company, it had to purge it’s adult content?
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.
Frankly, I don’t see a way around this other than crypto. It’s the only disruptive financial tech that’s still usable by every day people even after it’s been coopted by capital. And that really sucks because it basically means that anyone looking to use crypto as intended is forced to gamble just by holding money. You can’t exactly buy government bonds to compensate for the risk if you’re a political dissident
I wonder if there could possibly be a service, pay for something with your credit card, it automatically buys crypto at current value, sends it over to the seller, and then sells that crypto and exchanges it for real currency.
Isn’t the price so volatile that it could change over the course of that transaction tho
you don’t need to deal with speculative coins. stablecoins are a thing: https://www.circle.com/en/usdc
If only an environmentally-friendly, non-volatile cryptocurrency was possible…
It’s possible, just not in a completely decentralized system optimizing for energy consumption. I think this is an area where the liberal assumption of individual humans being the atomic unit of operation really bites the whole system in the ass. There are absolutely no means of governance built in. I understand that’s the point, but it’s some real “invisible hand” logic.
All the useful properties of a cryptocurrency could be done with a centralized server that generates tokens at a fixed rate and offers transaction management, with like a discarded netbook’s worth of computing power.
It wouldn’t be decentralized or crypto though, so you wouldn’t have weird libertarians propping up the value.
I said it yesterday but do what video games did to get around EULA. Instead of buying porn directly, buy “in game” credits that can trade for porn. Don’t even need a blockchain or shitty crypto.
this worked just fine for getting children addicted to gambling on mobile apps for fake prizes.
Yeah that’s the problem. They use credit card companies and it’s those companies that are causing this change to onlyfans