Onlyfans depends on joe average being able to do this (and not being scared off at the mention of the word "crypto")
I think crypto is about 5 - 10 years away from this point
With current tech this would just be a mobile wallet that holds stablecoins with some sort of built in funding mechanism.
The service promises huge amounts of money to, lets be honest, young women, to post nude photos of themselves. How much are you willing to be that every single photo, every video, of what has to be in the terabytes, is of someone over the age of 18. That no one 17 or younger, lured in by promises of big money, lied about their age to get it? That the platform's age verification system is 100% bulletproof and can't be fooled by photoshop.
Rather, the obvious reading of that is that onlyfans isn't primarily or deliberately hosting illegal content.
The issue is getting money from Coinbase into Wells Fargo or wherever, not getting it into Coinbase.
As usual crypto is a solution that didnt solve the problem: how do you detect underage porn so that you can mark your profits in general.
Yes, crypto incurs drag from fees and inconvenience for a platform to transact in it, but it can’t turn your payments off overnight.
(and I make these comments as a crypto skeptic)
Think Privacy.com/Lithic.com but using crypto and instant fiat->crypto conversions when the payments are made. No chargebacks, no refunds. The crypto or stablecoin are decentralized rails.
You'd have to build your own infrastructure, but you could make an actual credit card. It would have to be super jank at first (you might even have to cut actual physical checks at first). Fundamentally, a credit card is just you paying for somebody's transactions, and billing them at the end of the month (and suing them if they don't pay up).
It would be slow, and the service would be horrible, but the people accepting your money don't have a ton of other options.
And fundamentally the reason that credit cards have that customer trust is that they make it easy for customers to get refunds when the product isn't delivered, which is very hard to do for an Onlyfans-like business where there's no way to "return faulty goods" - standing in the middle between clients who think they didn't get what they paid for and sellers who think someone just wants to copy their pics without paying is not going to be a fun place to be.