Re:Visa and MasterCard ban Pornhub over abusive videos
by totony on Friday December 11, 2020 @12:28AM
(#25382641)
Maybe porn will be the first business to adopt cryptos. Would love for it to happen and it seems quite easy considering Pornhub already has some infrastructure for fraud detection
[ Parent
| on HN ]
Re:Visa and MasterCard ban Pornhub over abusive videos
by mtnGoat on Friday December 11, 2020 @12:36AM
(#25382690)
They'd probably like it in that light. Less fraud to detect with crypto payments. No charge backs are possible.
Re:Visa and MasterCard ban Pornhub over abusive videos
by totony on Friday December 11, 2020 @12:43AM
(#25382714)
Chargebacks are a safety-net on top of payment systems. It gives peace of minds to users.
I don't think they will launch a full-fledged cryptobacked anything, but if they do, chargebacks are a nice thing to support to boost adoption.
Re:Visa and MasterCard ban Pornhub over abusive videos
by StavrosK on Friday December 11, 2020 @02:41AM
(#25383362)
I don't disagree, but consider how much more useful is the ability to chargeback in a pull-based system where anyone with a semi-public piece of data (your credit card number) can take money from you, versus a push-based system where every single transaction must be initiated by you.
Re:Visa and MasterCard ban Pornhub over abusive videos
by piracy1 on Friday December 11, 2020 @01:58AM
(#25383155)
Whos carding pornhub? Why?