Re:How Dirty Money Disappears into the Black Hole of Cryptoc...
by lawn on Friday September 28, 2018 @03:19PM
(#18096232)
I think you missed an article detailing how big a problem porn sites have accepting payments: https://news.ycombinator.com/item?id=17756219
In short they're losing a lot of money since they need to go roundabout ways as credit card companies wants to avoid them.
Cash is however not digital, cryptocurrencies are. The term "digital cash" gets thrown around sometimes.
Re:How Dirty Money Disappears into the Black Hole of Cryptoc...
by oh_sigh on Friday September 28, 2018 @03:21PM
(#18096248)
As a CO native, cash is only the easiest option because they literally can't accept credit cards. I'm sure most stores would rather not tell customers they need to go find an ATM and come back when they do.
Re:How Dirty Money Disappears into the Black Hole of Cryptoc...
by CyberDildonics on Friday September 28, 2018 @03:56PM
(#18096532)
Porn has always had a problem with credit card payments. They are forced to use special credit card processors that take a much larger percentage as fees.
Re:How Dirty Money Disappears into the Black Hole of Cryptoc...
by wonderwonder on Friday September 28, 2018 @03:38PM
(#18096385)
And all of those credit card companies know that you have a porn subscription. That can be leveraged against you should you ever run for office.
Re:How Dirty Money Disappears into the Black Hole of Cryptoc...
by gonzo on Friday September 28, 2018 @04:25PM
(#18096748)
It used to be that previous marijuana use could be used against you.
Re:How Dirty Money Disappears into the Black Hole of Cryptoc...
by wonderwonder on Friday September 28, 2018 @04:59PM
(#18097025)
It still can. I have yet to see a state level or higher official openly claim marijuana use. Not saying they don't exist I have just not seen any. No politician is going to win after openly admitting to consuming pornography.
And in states where marijuana is legal, cash is the easiest solution for everyone. In states where it is not legal, cash and Venmo seem to be the preferred methods of payment.