News for hackers. Stuff that matters.
Re:PayPal stops payouts to models on Pornhub by stale2002 on Thursday November 14, 2019 @06:41PM (#21540785)
My bank isn't deplatforming me, when I transfer money from coinbase, though.

So this is already a solved issue. They aren't deplatforming me right now!

Re:PayPal stops payouts to models on Pornhub by huehehue on Thursday November 14, 2019 @06:49PM (#21540860)
Sure, but Coinbase's KYC prevents it from being a reliable long-term alternative. There's still a central authority with your identity, governing whether you can move your money.
Re:PayPal stops payouts to models on Pornhub by lvturner on Thursday November 14, 2019 @06:45PM (#21540821)
What if they deplatform coinbase due to AML risk... Or some other reason?
Re:PayPal stops payouts to models on Pornhub by stale2002 on Thursday November 14, 2019 @06:51PM (#21540876)
Coinbase isn't currently being deplatformed, though.

That is a hypothetical situation which seems to me like it would be pretty unlikely.

Banks aren't talking about deplatforming coinbase, for whatever reason, therefore it is useful.

The whole "what if the government/banks banned Bitcoin!?" Is a pretty silly hypothetical, to me, because if you look at what these groups are actually doing, you will see that they aren't doing this and aren't really trying to do so!

Re:PayPal stops payouts to models on Pornhub by lvturner on Thursday November 14, 2019 @09:50PM (#21541835)
I get your point that it isn't currently deemed at risk of being deplatformed - but while there are some differences, Bitfinex are having difficulties with finding people willing to bank with them. So there is precedence there.
Re:PayPal stops payouts to models on Pornhub by stale2002 on Thursday November 14, 2019 @10:22PM (#21541959)
Sure! I agree. It might be possible that things will change in the future. And if things change, then I agree that this might cause problems.

The only reason why I am sceptical, though, is because I have heard these same arguments, about how the government will ban Bitcoin, for 6-7 years. And yet it hasn't happened yet.

So it is totally possible that this time is different. But I just feel like, I need to be very sceptical about these arguments, until they actually happen. Because I heard them before, and those people were proven wrong.

But you are right, in that it is very possible that maybe this time is different.

Re:PayPal stops payouts to models on Pornhub by 2muchcoffeeman on Thursday November 14, 2019 @06:45PM (#21540820)
Are you a sex worker?
Re:PayPal stops payouts to models on Pornhub by 2muchcoffeeman on Thursday November 14, 2019 @09:35PM (#21541770)
I’m being down voted, but sex workers are some times deprived of bank services because of their jobs.

Literally told to take their banking else where.

How does using crypto help? Does it’s use suddenly make you immune from banks finding out your source of income?

https://www.sbs.com.au/news/banks-accused-of-slut-shaming-fo...

Re:PayPal stops payouts to models on Pornhub by stale2002 on Thursday November 14, 2019 @09:43PM (#21541806)
The answer is that crypto transactions are censored much less frequently then PayPal transactions.

That's why it helps. PayPal censorship is much more common than crypto censorship.

> Does it’s use suddenly make you immune from banks finding out your source of income?

No, it doesn't make you immune. Being 100% immune to anything at all is literally impossible. But it seems like it makes it less likely.

Re:PayPal stops payouts to models on Pornhub by 2muchcoffeeman on Thursday November 14, 2019 @09:58PM (#21541867)
You said that you transfer crypto to your bank and you are not deplatformed.

My point is the banks don’t care about crypto. They care about your occupation. If you deposited cash, you may still have no bank account.