The latest problem came earlier this month when OnlyFans announced it would ban sexually explicit content on the sex-friendly creator site, only to reverse course days later following a backlash.
"Porn has frequently been the factor for new concepts taking off, be it VHS, online credit card payments and even the internet, so I don't think it's surprising that porn will be what eventually get crypto to become mainstream." "Sex workers should have the opportunity to join a platform that won't be subject to any payment processing restrictions, something that the other OnlyFans alternatives that use fiat may be subject to in the upcoming months/year."
Visa and Mastercard temporarily banned payments last year to sites owned by porn giant MindGeek, which owns PornHub and other sites, over reports that it was hosting non-consensual "revenge porn".Ford said congressional passage of the FOSTA-SESTA law in 2018 created pressure on the adult content industry by holding online services liable for illegal content such as child exploitation or sex trafficking.
"There is skepticism because sex workers want to make the barriers to entry as minimal as possible," she said.