OnlyFans to block sexually explicit videos starting in October

Re:OnlyFans to block sexually explicit videos starting in Oc... by toomuchtodo on Thursday August 19, 2021 @03:16PM (#28238065)

OnlyFans could be the exchange. You send their public wallet the crypto buying a “OF coin” stable coin or similar (gift card funds essentially), they handle the distribution internally.

Best practice would be for patrons and content producers to have dedicated wallets for OnlyFans transactions, to prevent data leakage from ledger analysis.

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Re:OnlyFans to block sexually explicit videos starting in Oc... by sureklix on Monday August 23, 2021 @06:00AM (#28273901)

You still have to go through an on-ramp provider or OF does the on-ramp but then probably lots of reg headache. Plus I bet impulse buying is the way to activate OF users. One way to solve this can be to find an on-ramp solution w/ UX on par with card payments and then handle pay-in and pay-outs via Zcash or Monero or using Aztec protocol.

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Re:OnlyFans to block sexually explicit videos starting in Oc... by cody8295 on Thursday August 19, 2021 @04:34PM (#28239026)

Or just use a private crypto like Monero

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Re:OnlyFans to block sexually explicit videos starting in Oc... by majewsky on Friday August 20, 2021 @05:17AM (#28244192)

If the problem is scrutiny from investors, I don't think it's a viable solution to become a payment processor and therefore attract additional scrutiny from banking regulators.

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Re:OnlyFans to block sexually explicit videos starting in Oc... by bserge on Thursday August 19, 2021 @04:27PM (#28238936)

OnlyFanBucks heh. Don't actually need crypto for that, but if it's better, then whatever.

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