PayPal Cuts Ties With PornHub

thevideoguy

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PayPal has banned PornHub; one of the worlds largest websites getting 2.8 billion visits per month, from using it's payment processing services. Good old ShitPal is graciously spreading equality around the globe, by fucking over not just the little guys but some of their largest clients.

Article from The Verge (PayPal abruptly cuts off Pornhub’s payroll, leaving performers with few payment options. PayPal’s decision affects over a hundred thousand performers): https://www.theverge.com/2019/11/14...rogram-payment-options-paxum-verge-performers

"Pornhub tells The Verge that the decision affects performers who are part of Pornhub’s Model Program, which lets individuals upload their own videos and earn advertising revenue from those videos. The company is pointing performers toward its other payment options including check, direct deposit, the Paxum e-wallet, and the Verge cryptocurrency."

My favourite part of the article:

"Pornhub tells us that it will “continue to add more sex worker-friendly” ways to get paid and that it’s exploring more crypto options as well."

PayPal doesn't allow payment processing for sexually oriented digital goods, many banks also do not allow these kinds of services.

It's absolutely pathetic that in 2019, people are still having trouble getting paid online due to restrictions by payment processors.

This is one of the reasons why I am continuing to support secure cryptocurrencies like Bitcoin which allow true financial freedom, with governments and financial institutions not being able to stop transactions no matter who you are,the kind of work you do, who you're sending money to. It doesn't need to replace the USD, but it is a necessary alternative for the millions of people who aren't allowed to receive their pay check through PayPal or traditional banks, and the 1.1 billion unbanked individuals who don't have access to banking services but do have a mobile phone.

 
PayPal is an absolutely joke, too bad they have monopoly..
 
Cryptos would be excellent for this.

Too bad those currencies are being manipulated by big sharks :)
 
I thought that was a big push behind verge coin? lots of porno sites were in support, maybe now they will really push it on the users.

Either way it had a nice bull run right after
verge.png
 
PayPal is an absolutely joke, too bad they have monopoly..
Doesn't mean it'll be for long. There are too many payment options in the world, with Bitcoin being the most safe and anonymous.

Not yet as popular but, who knows what will happen. :)
 
Fair is fair, I support this decision.

Regular adult actresses/actors cannot get paid (officially) through paypal. Why should big companies such as pornhub be an exception?
 
Doesn't mean it'll be for long. There are too many payment options in the world, with Bitcoin being the most safe and anonymous.

Not yet as popular but, who knows what will happen. :)
If you had PayPal on your drop shipping store and change it to crypto currency, I can almost guarantee the conversion rate will drop by 90%+.

Unless the niche is crypto in itself.
 
Elon Musk's former company has become a joke. Sadly, Paypal controls a huge part of the payment processing market, and we are a decade or more off before crypto is widely used (assuming it actually gets to that point).
 
Doesn't mean it'll be for long. There are too many payment options in the world, with Bitcoin being the most safe and anonymous.

Not yet as popular but, who knows what will happen. :)

Bitcoin is not anonymous... That's Monero.
 
Good news for verge, bitcoin

Verge. Lol. How is that dumpster fire still around? I bet without pornhub they would have folded by now.

Currently priced at 53 sats / $0.0043 on binance.

On Binance there are 16 coins priced lower. Lucky for XVG since CZ has been on a kick this past year to remove under performing coins.
 
well i find that good. In this way cryptocurrency will be accepted more. They are hacking away their own profits but juts dont realise it, Paypal should realise not many companies stay alive in the long run if they dont change with time. Paypal=Dinosaur
 
Good news for verge, bitcoin
Haha thats exactly what I was thinking about! I dont even know if its still around though. I think there was another crypto that bought a right to be used for purchases there also.
 
Why people hate porn? 99% of humanity issues can be fixed by jerking off or sex...
 
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