News for hackers. Stuff that matters.
Re:PayPal stops payouts to models on Pornhub by spookthesunset on Thursday November 14, 2019 @09:35PM (#21541773)
> There are exchanges to buy gift cards or Amazon credits with Bitcoin which you can use in real life to buy food.

Which I’m sure are totally legit and not at all primarily used to launder money.

Re:PayPal stops payouts to models on Pornhub by chabes on Friday November 15, 2019 @02:11AM (#21542920)
Why so quick to assume?

Maybe you’ve never heard of Fold app or Bitrefill. Some of us are actually trying to build a circular bitcoin economy. These companies not only offer onramps and offramps to the ecosystem, but they actively fund and incentivize building. Yes, they make a profit too.

Re:PayPal stops payouts to models on Pornhub by AshwinDurairaj on Friday November 15, 2019 @01:57AM (#21542867)
I'm sure other forms of exchange, for example, USD to GC, can still be used to launder money. This is not exclusive to cryptocurrency as you would imply.
Re:PayPal stops payouts to models on Pornhub by paulddraper on Friday November 15, 2019 @02:11AM (#21542925)
Considering Bitcoin's chief feature is skirting legal authorities for money transfers, that wouldn't surprise me.
Re:PayPal stops payouts to models on Pornhub by zelly on Friday November 15, 2019 @08:50PM (#21550434)
Feature, not a bug