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Steam is cracking down on porn games, to keep Payment Processors happy. (infosec.pub)

submitted 2 weeks ago by Pro@reddthat.com to c/games@sh.itjust.works

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[–] Skullgrid@lemmy.world 66 points 2 weeks ago (25 children)

Steam could pursue other payment processing possibilities

Imagine you can't use visa or mastercard. What other fucking payment card acceptance system are you going to use for payment processing in under 30 seconds?

Why shouldn’t the payment processors get a say in the payments they process

Because it's none of their business what I buy. If a store is a reputable business that isn't defrauding me, and are a legal entity, then whatever they sell to me or I buy from them should only matter to me and the seller.

Illegal or not, why should they be forced to process payments that facilitate things against their beliefs?

So half the market can get nuked once the CEO decides whatever faith du jour they have disallows whatever?

[–] frezik@lemmy.blahaj.zone 12 points 2 weeks ago (11 children)

Imagine you can't use visa or mastercard. What other fucking payment card acceptance system are you going to use for payment processing in under 30 seconds?

This is one of the few places where I think cryptocurrency could be useful. It ain't much, but there it is.

[–] Skullgrid@lemmy.world 8 points 2 weeks ago (10 children)

Incorrect! Bitcoin transactions take 10 FUCKING MINUTES.

[–] cadekat@pawb.social 4 points 2 weeks ago (1 children)

Bitcoin has lightning or you could use a chain with faster blocks.

[–] Skullgrid@lemmy.world 2 points 2 weeks ago (1 children)

Lightning Labs launched the Lightning Network in 2018 with the goal of reducing the cost and time required for cryptocurrency transaction. Specifically, the bitcoin blockchain can only process around 7 transactions per second (compared to Visa Inc., which can process around 24,000 transactions per second). Despite initial enthusiasm for the Lightning Network, reports on social media of failed transactions, security vulnerabilities, and over-complication lead to a decline in interest.

[–] cadekat@pawb.social 2 points 2 weeks ago

I'm not really that familiar with LN, to be honest. It looks like there's almost $500 million in the network available for transactions (source), and according to this report, there were about 6.6 million transactions in August of 2023.

Not MasterCard or Visa levels, for sure, but also not a 10 minute wait for a transaction to complete either.

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