Quote:
Originally Posted by XSAXS
I believe as others have said... this will blow over eventually, and MindGeek be processing V / MC again soon enough. The CC companies are prisoners to regulators too. So everyone has to make flamboyant, public demonstrations showing their outrage - and how much they care - and how much they're doing to save face with the various political fire breathers.
The bigger (longer-lasting) issue is that companies with the reach and resources of MindGeek won't sit idly hoping, praying they get their CC accounts turned back on. Love 'em or hate 'em, they'll find a way to continue.
Porn wins. It will always find a suitable vehicle. RIP Betamax.
I expect a variety of bold, industry-wide campaigns educating users about the relative ease, features, and privacy of crypto payments. Then all the countless cucks who are afraid to use a credit card... they can get in the game too.
In the end, porn wins.
RIP V/MC.
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the only problem with what you say: adult is a tiny fraction of the total Visa/MC transaction volume.
they could give up on processing adult today (like Amex) and it would barely make a dent in their stats.
but without Visa/MC this industry would be dead.