Putting aside the question of whether Bitcoin is even useful for transactions or if it’s just ‘number go up’ technology, Bitcoin processors don’t let Businesses accept Bitcoin for adult content either.

See e.g. https://support.bitpay.com/hc/en-us/articles/115003105543-Ca...

[delayed]

Why would one possibly need a SaaS payment processor for crypto? Unlike with traditional banking, running your own crypto node and processing network transactions is not some huge investment that one may want to offload to a third party.

To offload dealing with problems (technical and legal) and risks to the processor. Like everything SAAS basically. If they get hacked, it's not your money being lost for example.

And on the other side of the equation, exchanges observe where their customers' coins are going, and may blacklist customers who transact with suspicious counterparties (like coin mixers).

The cure is worse than the disease

Really? Feel like specifying so in an informed and rational way?

I mean, you claim a system of voluntary, consensual payments that people can decide or not to use vs. formal channels depending on their need for avoiding politically charged bullshittery and financial censorship of all sorts is somehow worse than... the long arm of major governments and their corporate partners to restrict whatever they please for whatever political reasons they please at any time?

Truly, the irrational crypto hatred by some on this site is the stuff of idiot parody.

Really. The only good thing crypto has going for it is that it is litmus test for unresolved anti-social behavior[1][2][3]. Thus, it serves as a warning beacon to avoid when engaging in the dating pool.

Unfortunately, this means it's also a contributory factor in the male loneliness epidemic. Though, good luck changing any actual beliefs and behavior on this topic.

1. https://www.sciencedirect.com/science/article/abs/pii/S01918...

2. https://journals.sagepub.com/doi/10.1177/02762366241268122?i...

3. https://cyberpsychology.eu/article/view/14475

Tell me you know nothing about transaction overhead without telling me you know nothing about transaction overhead. All the blockchain currencies require orders of magnitude more power to process a transaction compared to a debit or credit transaction. Bitcoin is primarily used by governments (like NK), hacker groups, and organized crime to launder money.

The solution is not blockchain currencies. European credit card transaction costs are a fraction of what they are in the US because US regulators just sat back and allowed Mastercard and VISA to establish a duopoly.

In much of the rest of the world it's also possible to near-instantly wire-transfer funds to pay for things, at negligible cost. In the US, everything is forced to go through the federal reserve, is expensive, and slow.

We are the laughing stock of the rest of the world. The banks have tried to set up alternatives. Zelle is a good example, but Zelle's most annoying problem is that you can only have one account per phone number or email address.

> everything is forced to go through the federal reserve, is expensive, and slow.

This isn't entirely accurate, there is a private clearing house that supports instant payments in the United States.

https://www.theclearinghouse.org/payment-systems/CHIPS https://www.theclearinghouse.org/payment-systems/rtp

Much evidence contradicts your theory.