Re:OnlyFans to block sexually explicit videos starting in Oc...
by cblconfederate on Thursday August 19, 2021 @03:44PM
(#28238423)
and 99% of their revenue was from porn so i guess this business-ending decision is close to cryptopayment-parity
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Re:OnlyFans to block sexually explicit videos starting in Oc...
by xur17 on Thursday August 19, 2021 @04:12PM
(#28238753)
I imagine their options were:
* switch to crypto entirely
* keep credit cards, but block sexually explicit content
I doubt there was middleground where they could accept crypto for sexually explicit content, but still accept credit cards for everything else.
Which makes me think that a smart move here would be to spin off a second company that does allow this content, but only accepts payments in crypto. I suppose if they don't, there is a opportunity ripe for a competitor to take advantage of.