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Re:Real Problems That Web3 Solves, Part 1 by andreilys on Tuesday January 04, 2022 @09:52PM (#29804420)
What happens if Visa/Mastercard decides to block the merchant you want to use? Or you yourself are a merchant that gets hit with high fees simply because you're in a business that is deemed "high-risk"
Re:Real Problems That Web3 Solves, Part 1 by thesandlord on Wednesday January 05, 2022 @12:47AM (#29805613)
Fair, but that seems like a really really small segment of the market assuming it's legal. For 99% of businesses I don't think this is an issue.
Re:Real Problems That Web3 Solves, Part 1 by nsotelo on Wednesday January 05, 2022 @02:19AM (#29806116)
I seem to remember pornhub being hit by this, which is why they removed unverified content. Perhaps it's also why OnlyFans decided to ban explicit content a few months back (before backpedaling).

https://www.nytimes.com/2020/12/10/business/visa-mastercard-...

https://edition.cnn.com/2021/08/20/tech/onlyfans-explicit-co...