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It really seems weird to me that with all the countries that allow various forms of sex work, payment processing is still such a bottleneck. As I understand it
by biztos 5y ago
It really seems weird to me that with all the countries that allow various forms of sex work, payment processing is still such a bottleneck.
As I understand it, independent providers doing 100% legal work in their countries live in terror of their payments being cut off due to the factors mentioned above.
Where is the CoinBase of legal erotica?
- dboreham 5y agoThat was "SpankChain", I believe.
- randomhodler84 5y agoWhich is a scam along with any other porn themed coin. Every sex worker I’ve ever met holds bitcoin (maybe ether if they newer in this space). Sex workers know what is money and what is a fraud.
- svachalek 5y agoI wonder if crypto has finally found its "killer app". Pseudo privacy, no charge backs, permissionless.
- doliveira 5y agoThat's what it was back in the Silk Road times, wasn't it? Hopefully it will go back to that
- compiler-guy 5y agoFor consumers, “no chargebacks” is an anti feature. Chargebacks are common by porn consumers for both invalid reasons—-like denying that you did bought porn to a spouse—and valid reasons—like a shady site over charging you. Both things are quite common in this space.
- SilverRed 5y agoWith crypto you can not be overcharged because you approve the transaction before any money is sent vs giving the site the details to pull money from your account. I still agree that no chargebacks is an issue though.
- lmm 5y agoThat actually undermines the gym-style business model of a lot of porn sites where they rely on people subscribing and not using it much.