Not really a meme meme, but i felt like i had to :s
Now imagine someone who is not the last person in Europe, but the last person in the world lol…
This is why some of us love crypto currencies so much despite the hate it gets from so many who claim there is no intrinsic value, it’s a scam, etc.
Stay away from shit coins, no doubt, but the intrinsic value is that you can side step all of the bullshit and spend your money as you choose. No need to get permission first. It’s looking to be a much better path forward, and payment processors inserting their own rules will only drive more acceptance of alternative payment methods.
Time for Europe to get its own payment processor and stop being dependent on companies from Gilead.
Gilead? The Pharma company??
what even is the point of this cyberpunk dystopia if there won’t even be good porn to wank to?
Sex art is art
I’m not a cryptobro but these things make me want to hodl on some
cryptocurrency is absolutely not going to be a substitute. what happens when your client’s money drops in value halfway through working on their commission?
Could use a stablecoin that’s pegged to USD or EUR.
USDC seems relatively safe given how much traditional investment is tied up in Coinbase and Circle.
Easy. Agree on the price in a more stable currency, and pay the equivalent in crypto when the work is done.
Imagine how many more “Thomas Matthew Crooks” are gonna come out of their basements if you ban their porn. Conservatives secretly love their porn. Might wanna rethink the ban.
Or not, I don’t mind watching a IRL live movie about a rebellion instigated by…
checks notes
…banning porn 🤦♂️🤣
They supposedly love their children too.
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Speed running the porn companies making their own payment processor
AFAIK there’s pay processing business that will do nsfw transactions but they ask for extra money.
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This comic goes from 2020 to 1984, was this comic originally about idiots that compared wearing a face mask to wearing a jew star?
There was a reddit sub where they take in unfunny comics (usually sexist) and then edit them to be funny. That’s how this actually became a meme.
I think that was r/bonehurtingjuice
Nah, I’m pretty sure it was r/comedynecromancy. They took unfunny comics/memes and made them funny. They were an offshoot of r/comedycemetary, they just reposted unfunny comics/memes to poke fun at.
Could be a case of parallel evolution.
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So, why doesn’t some other payment processor step in to fill in the demand gap that the others are willfully abdicating?
the economic moat of regulations and infrastructure that has to be overcome before you even can start acquiring customers. You would need a massive capital outlay just to start in last position to compete. Then you have to pay your sydadmins and sales and help desk and administration for how long before you have enough customers to break even? all on a gamble that the government won’t hamstring you on behalf of their corporate sponsors. and who is to say the rest of the financial world won’t cut you off; you can’t process payments if you can’t access users banks, it’s all cooperative between entities that benefit from it being a small club.
all of this risk to capture the relatively small nsfw market looks like a bad gamble to me, even though i strongly support the nsfw market myself! I spent decades in e-commerce and nsfw ecommerce and it’s trickier than it might look.
The most likely to succeed at the moment, IMHO, would be a standardization of the various local payment systems in Europe, and there is already some movement in that direction in a growing group of countries, but it probably needs a push from the EU itself, similarly to how GSM was pushed as a standard for mobile communications by European governments as a group and ended up dominating globally (which is also why, for a period and until smartphones became a thing, European mobile telephony companies were wildly successful).
I’m sorry for Americans who aren’t assholes (most here in Lemmy as far as I can tell) but the rest of the World does need to decouple from speed-running-to-Gilead America at all levels before it’s too late.
Yoid be starting in 1st position for all these transactions that just lost a market.
that’s not just the smallest market it’s the most troublesome market which is one of the reasons it’s a hot potato. If you limited yourself to just nsfw you would still need the infrastructure to process any types of payments and still be at the bottom of the current players. You would be hamstringing yourself and it would be even tougher.
NSFW and borderline legal stuff (like phone spyware apps) have a chargeback rate that is way higher than traditional retail. Users buy porn then charge it back to their credit card when the post nut clarity sets in. When i worked in the industry that was the constant battle from the retailer side; processors like CCBill were the most lenient but even they would cut you off if your chargeback rate was too high and it was always right on the border. Even on sex toys the chargeback rate is more than double just selling t shirts and stuffies.
I don’t know the financial side and have no idea why the chargebacks were such a massive deal to the processors. I can imagine being a small outfit it would be very difficult though if the margins were super thin.
have no idea why the chargebacks were such a massive deal to the processors.
They don’t have a lot of things to measure when attempting to address fraud, but that’s one of them.
oh that makes perfect sense thanks!
Crypto it is, then.
I was worried that this could make bitcoin seem useful but other people in here are explaining why bitcoin would still be an awful solution for this.
So… are we going back to cash and checks? Will people need to mail envelopes of cash to furry vore artists?
Bitcoin wouldn’t be an awful solution to this, but there’s certainly a few better ones, such as
- Visa and MC just being the opinionless payment providers they ought to be.
- Regulation enforcing all payment providers to be similarly opinionless.
- Ethereum, or another crypto more suited to many, fast payments
- A layer-2 network over Bitcoin that can enable many fast payments, such as the lightning network.
i wonder if this is the shitgibbons in charge trying to drive up bitcoin prices seeing as how they just publicly bought a bunch of bitcoin.
i know the payment processors have always been prudes but they are really doubling down and its only going to drive folks to crypto.
edit: I don’t think it’s a good idea either but talk to anyone outside lemmy and ask if they understand the environmental impact of crypto and AI and they have no clue.
If this really does drive people to crypto then I hope it goes to monero or a fork of it. Try blocking or tracking transactions then.
Bitcoin is really bad for using as currency, due to the fact that there is a permanent, public ledger of all transactions. Why would you want anyone you pay to be able to see and trace every transaction you’ve ever made? Pay rent in bitcoin, now your landlord can calculate your spending and who you do transactions with. And yes, there are services that aggregate and obfuscate transactions in order to make them less traceable, but now you’ve just reinvented the same centralized payment processor system that the whole thing is supposed to be replacing… so… what’s the point?
Cash is good for using as currency.
so… what’s the point?
The point isn’t anonymity, but independence and autonomy. It’s hard to shut down and hard to tax. The banks/governments can’t freeze your bitcoins, nor can they simply print more or regulate the value otherwise.
The banks/governments can’t freeze your bitcoins, nor can they simply print more or regulate the value otherwise.
You’re just listing reasons why bitcoin sucks lol. Oh no!!! Flight risk criminals and terrorists had their accounts frozen!!! Oh no, ReGuLaTiOn BaD!!! Grow up.
Finite currencies (like gold/silver/bitcoin) are deflationary currencies and are genuinely absolutely terrible for an economy. That’s why we don’t use gold anymore.
“Flight risk criminals and terrorists had their accounts frozen!!!”
Yes, those criminals, for example, LGBT people who conservatives believe are pornographic simply for existing. God forbid LGBT artists want to have a way of earning a living. Crypto is relied on by a lot of marginalized groups. It’s used by artists who make perfectly legal art, but whose content conservatives object to. Crypto is used by many queer content creators as they face being cut off from payment processing systems, as again, conservatives consider queer people pornographic simply for existing. Crypto is used by sex workers, often people with few other employment options. Oh, and crypto is used by trans people to get access to healthcare that is quickly being criminalized.
How insane do you have to be, in 2025 Trump’s America, to fall back on the idea that anything criminal is bad. Republicans are trying to criminalize the existence of entire swathes of the population. And those people face being cut off from the banking system entirely, if folks like you, who blindly consider legality=morality, have their way.
Ah yes, that’s why the Trump administration is one of the biggest proponents of crypto, right?? 🙄 did you even try?
How are those related? It is possible for some conservatives to want to purge LGBT voices from the internet at the same time other conservatives want to advance crypto. These are not mutually exclusive goals.
It wasn’t my intention to come off as supporting it. I was simply giving the objective reasons for its creation. I see it as a tool that can be useful in some situations, but can be problematic in others.
Finite currencies (like gold/silver/bitcoin) are deflationary currencies and are genuinely absolutely terrible for an economy.
Myth. Deflation is just negative inflation, and that’s been fine.
It’s a fact.
Deflation is just negative inflation
Yep, that’s a major problem. The total pool of currency needs to be able to grow with the economy. Take a first year econ course before speaking
It’s a myth.
The total pool of currency needs to be able to grow with the economy.
Go on, back up that statement with references from your first year econ course notes.
Under your model, how was the economy able to grow before 1976?
Under your model, how was the economy able to grow before 1976?
Gold can be mined.
That’s a bad argument. Visa, MasterCard, etc. know who you’re transacting with anyway. That is functionally equivalent to just paying from a Coinbase Bitcoin wallet. On the public ledger, it’ll only show a transaction from a Coinbase wallet. No one would know it’s you other than Coinbase and the porn provider
Woth crypto you could at least send it to your wallet, throw it through Tornado Cash, then put it in another wallet, making it extremely difficult to track
In general though, if the government wants to know who made a digital transaction, they’ll be able to find out. Doesn’t matter if you use a credit card or crypto
What makes Bitcoin bad as a currency is the slow, expensive transaction times
You can use a p2p service, like Lightning with onion routing.
Cash is good for using as currency.
But so insanely annoying to handle and carry with you.
You can make intermediate wallets to obfuscate transfers, like throwaways, so the wallet that pays your rent is different from the one ordering a dragon dildo and it’s hard to say if it’s the same person, but it’s a hassle and you’ll get extra transaction fees.
Obfuscation is not security.
yeah, just grants you plausible deniability
It’s trivial to trace the funding of these “throwaways” to link them together… unless this entire system is supposed to just rely on using a standard bank account to fund them, which… circling back to “so what’s the point?” you could pay from that account directly to get the same benefits. Using bitcoin is completely redundant in that scenario
I’m cool with not trying the money that isn’t money but instead is an environmental disaster wrapped in explosive deflation.
Looks like Bitcoin does indeed suck, but Etherium and one called Avalanche(?) Are more environmentally friendly.
Oh cool. Minor environmental disasters wrapped in explosive deflation.
It takes one wind turbine to run all of Ethereum.
Deflation is not relevant for a transaction.
Deflation is not relevant for a transaction
What are you trying to say with this? Cause I’m stuck between the very literal and wildly confusing.
I will say, regardless of your further explanation, that deflation makes transactions less likely to happen, which is the whole point of a currency to begin with. Would you rather pay a debt to a friend off with dollars or a cryptocoin? Cause my money is that most people would say the dollars since the crypto could grow, whereas the dollar is always shrinking. A speculative asset is not something most people would give away like they would money.
If you are storing money in a certain currency then inflation is a problem.
If you owe money in a certain currency then deflation is a problem.
If you are quickly moving money from one currency to another then making an instant one off payment, the time span is too small for either inflation or deflation to have an impact.
The price of the service can be quoted as fixed in USD and adjusted in real time on the crypto side.
Cool. So why would I ever want that? Why would I willingly buy a crypto to pay for a transaction when doing so is always detrimental to me over the person who I am paying? I’ll spend more than the amount of debt I have (thanks to various fees) in order to give the person I’m buying from an asset that’s more likely to gain value than lose. Instead of a dollar, a thing made to do the actual job of a currency that everyone already has and accepts.
I’ll pass on the tree burning coins
VISA and MasterCard get to build the digital dollar so they don’t care how any of it is manipulated so long as their position as middlemen is secure.
Probably simpler than all that, at least in the US. The Puritans get something like so passed. Fine. Now who in their right mind is going to stand up and say STOP. Imagine the political smear campaign. And it will all be “for the children”.
Let’s make a community run payment processor then. We’ll valiantly process porn payments.
Having worked in the payment industry, there is a lot of work to be done.
Even if you use the EMV standard, which almost all of the payment processor are based on, the challenge is to interface with the banks and making sure that every cards and terminals follow your standard.
And that’s if you can convince banks to even accept you payment standard in the first place.
I’ve been thinking this too. I’ll use it everywhere just because
Is this OC?
