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Re:Visa and MasterCard ban Pornhub over abusive videos by im3w1l on Friday December 11, 2020 @02:16AM (#25383244)
Would you mind stating your point plainly? Because I don't get what you are trying to say
Re:Visa and MasterCard ban Pornhub over abusive videos by tehbeard on Friday December 11, 2020 @02:25AM (#25383277)
Incase you're being genuinely sincere in your query..

> globally-readable transaction ledger

Having which skin flicks i dropped a dime on publicly searchable doesn't seem a good move privacy wise.

Re:Visa and MasterCard ban Pornhub over abusive videos by franga2000 on Friday December 11, 2020 @02:53AM (#25383419)
There are plenty of cryptocurrencies that are designed to be anonymous. Bitcoin isn't the only thing out there
Re:Visa and MasterCard ban Pornhub over abusive videos by dmix on Friday December 11, 2020 @03:27AM (#25383605)
And there's still plenty of Bitcoin ATMs throughout many cities that accept cash and put it onto a wallet. Or other ways to disconnect identity.

But really who the hell is going to go through the very hard work to figure out which porn sites you signed up for (with a random user name not connected to your real identity naturally, which is the first disconnect). No one cares. Especially for a site like pornhub.

Re:Visa and MasterCard ban Pornhub over abusive videos by im3w1l on Friday December 11, 2020 @02:40AM (#25383358)
If you transfer $20 to pornhub that doesn't say a lot about your tastes.
Re:Visa and MasterCard ban Pornhub over abusive videos by dredmorbius on Friday December 11, 2020 @03:00AM (#25383444)
Or uploaded, downloaded, produced, etc.
Re:Visa and MasterCard ban Pornhub over abusive videos by crowf on Friday December 11, 2020 @02:24AM (#25383272)
op is saying that cryprocurrency will allow shady sites to receive payment and not provide a service with no ability to perform a charge back, and that the payment record will be public and _can_ be traced back to the buyer
Re:Visa and MasterCard ban Pornhub over abusive videos by dredmorbius on Friday December 11, 2020 @03:02AM (#25383463)
Misappropriation might come from sites, content producers, talent, consumers, or any entity capable of interposing themselves between two or more parties, legitimately or otherwise.
Re:Visa and MasterCard ban Pornhub over abusive videos by im3w1l on Friday December 11, 2020 @02:47AM (#25383389)
I see it as fairly unlikely that a website as reputable as Pornhub would pull something like that. But if they do, there is always law enforcement.
Re:Visa and MasterCard ban Pornhub over abusive videos by crowf on Friday December 11, 2020 @02:58AM (#25383442)
no need to disagree with me with the content of op's comment. I was just explaining. although just to comment on your point, it is much easier to get a charge back from a cc company than to sue a company.
Re:Visa and MasterCard ban Pornhub over abusive videos by im3w1l on Friday December 11, 2020 @03:06AM (#25383489)
Sorry, but I must reject any rules of debate that allows someone to state a point without anyone allowed to reply to it. If you don't hold the opinions yourself that's fine by me, I will still reply.

I agree that it is easier, and consumers prefer this if they have a choice. But now that they don't have a choice anymore, I think it will turn out that it's not a dealbreaker and they will put up with marginally less safety.

The bigger question is if people can be bothered to acquire bitcoin for the purpose of paying pornhub. It may be annoying enough that would-be customers turn to piracy.