@DavidBond They should have spent the money to update for Visa/MasterCard's new payment payment processing rules instead of fucking over the people that made them an attractive investment in the first place.
If I wasn't using it before I definitely won't use it now knowing what kind of pricks are running the show.
@DavidBond Or that. I don't know if it would have helped their business though. Part of why this is happening is that the BBC got their hands on a document proving OF deliberately wasn't taking down questionable accounts because it was more profitable. 'Questionable' meaning no age verification was done, as far as I know there's no actual proof minors were involved. That would make this a very different story, but it was enough perceived liability to freak out the banks.
Anyway, ditching traditional payment processors in favor of btc may have just made that worse. In my opinion it would have just opened them up to a whole new series of "think of the children" complaints.
@DavidBond Saw on CNBC of all places that they reversed the decision? Someone in their c-suite should write a book on how _not_ to run a company.
@DavidBond I dont care for myself, sucks for onlyfans as a business move since they used to have a good niche, and now they are little more than a patreon