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Comment by chipotle_coyote | Hacker News Reader

I don't have great answers to that, although I think by "banking partners" they actually mean "credit card companies" and most specifically mean MasterCard, which (assuming reporting on this I've read is correct) was or may still be in the process of further tightening their policies around adult content.

Well, a not-great but plausible answer, maybe -- companies make changes, both good and ill, because they're panicked over PR fiascos all the time. From all appearances, MasterCard announced those policy changes because of PR pressure that was put on them by "Exodus Cry," a fundamentalist Christian anti-porn activist group. OnlyFans may have calculated that their best bet was to knock Exodus Cry off their hashtag-save-the-children pedestal.

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Honestly that seems even more far-fetched. Visa and MasterCard are essentially a duopoly. Where on earth are customers going to flee to on bad pr?

Customers may not flee, but:

1. Customers in e.g. the EU may push their reps to "do something" about two US companies controlling all e-commerce.

2. Customers frustrated that Mastercard have gone on the record as refusing to block payments to terrorist-supporting orgs while refusing to process payments to look at titties may pressure regulators to start having a much closer look at Mastercard's money flows.

Both of those seem like meaningful concerns.

I think you're vastly overestimating how much influence "customer complaints" could ever have over the global monetary system.

Regulators are much more on the side of MasterCard than they are on the side of disgruntled pornography customers.

This seems like a good use case for crypto currencies.

Realistically it would take decades, or great strides in usability, for cryptocurrency to really reach the main stream to the point it could be considered a serious alternative for credit cards.

Let’s say OF was forced to switch to crypto payments. They could make the switch tomorrow. Link to a few popular crypto exchanges so that customers know where to buy crypto and Bob’s your uncle.

How long until their customer service system gets flooded with questions about how to use cryptocurrency, and complaints from users who's funds got stolen from XYZ shady exchange.

99% of normal people find cryptocurrency strange and inscrutable, and if you think otherwise you're in a bubble.

Could you speak more to the areas in usability that you find currentl lacking?

No, they called out specific banks, including Chase

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