The incentive is there for people to fill in the gaps left by the personal moral decisions of Mastercard and co.; there's a reason why they're not, and this is likely because it's really hard - due to legal issues and regulations.
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Power n Comtrol Aella, you guys are making too much money
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maybe porn consumer incentives make it difficult to start something new: - getting a credit card just for porn is inconvenient/embarrassing - crypto is intimidating/inconvenient - lots of alternatives to the specific sites (onlyfans, pornhub premium) being shut down
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what do you mean "why can't they do it"? high risk payment processing for adult content already exists. that's how legit porn and cam sites operate. but to use them you have to associate your company with adult work (+ pay super high fees), which OF wants nothing to do with.
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according to this thread OF is being associated with illegal sex work which is the bigger issue. Visa/MC will work with legally-compliant adult sites for higher fees, but since OF is now on their radar for illegal sex work, they are basically screwed.https://twitter.com/rahaeli/status/1428442523001831425 …
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Because they too would then be denied access to payment processing by the system. Look at the guy who founded Gab as an example.
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Crypto solves this, but there’s a usability gap to reach mainstream. Open to discuss in private.
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Who is "anybody" in this scenario. Why can't you band together? Honestly, I might be ignorant here I really truly don't know how hard it is to set up a payment system.
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Because the feds would crush them
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Start your own bank.
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