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The thing about a paypal type service is that it is still vulnerable. If Visa/Mastercard or others don't want to do porn, they can make that happen. Whether inside or outside the US, they can dictate who and what kind of businesses they want to do business with.
If the next US president is another religious wacko like Bush is, it seems likely that we can see further pressure on Visa/Mastercard to stop processing porn.
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