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Other 196's:
Yeah, I know leftists hate crypto but this shit legit is making me want some.
I know crypto sucks in a lot of functional ways but those issues can probably be sorted out eventually. I don't want to let puritanical authoritarian dipshits dictate what I can buy with my fucking money, or even see if they start also fuck with hosting of free content as well.
I don't even buy porn games, doesn't matter. Its the principle of the thing. And this shit can easily get worse if we let them.
Do leftists universally hate crypto?
While I personally think the current cryptocurrencies out there are a bit shit (transaction fees and times on Bitcoin make it pretty useless as a currency), and I do think there is value in governments having control over a currency, I don't necessarily think currency itself is a left-right issue.
I guess unless you're the type of communist who doesn't want any currency at all (which personally, I'm not for, since I'd like people to be able to choose what they spend money on, to some degree, and work extra if they want to, to some degree, and currency fills that use case quite nicely)
Not sure why crypto-currency, as a concept, is necessarily conflicted with leftist ideals (as a nebulous group who don't agree on many things).
Crypto without capitalists is pretty cool
yeah GNU Taler is pretty neat, just needs more support
Yeah, crypto as an "investment asset" is a load of steaming hot shit that feeds environmental collapse.
Trustable decentralised finance? That's rad as hell.
I mean not as rad as mutual aid and battering but why let perfection be the enemy of the good?
It can help with mutual aid. People with savings can more easily strike, and support others who are striking. Activists shouldn't have their accounts frozen, and donating to them should be anonymous.
Everything improves when you get rid of capitalism.
Crypto without capitalism would still be dictated by market economy though and a lot of anti-capitalists are anti-currency or anti-market. Not just anti-private-property anti-absentee-ownership.
But yes, I agree. A mutualist (or a "Libertarian" Market Socialist economy) would be pretty cool.
Yeah which is basically the idea of
previously known as the Pan-European Payments System Initiative (PEPSI)
Lmao
Here's the issue: How do you put money into crypto or take it out? A payment processor is how.
Crypto mostly just reinvents the same things. Its also usually not actually anonymous, as has been proved many times.
And not even truly de-centralized, as most services that support it actually do it through a few centralized third parties instead of implementing it directly.
Some cryptocoins explicitly address privacy and anonymity issues, for example Monero (XMR).
Also, in the US at least, every single transaction needs to be reported on your tax return. There are tools to help you do this, but goddamn! imagine compiling all of that each year if you used it regularly. I used it at one point and it was such a pain in the ass come tax season, that I just sold all my crypto the following year and never touched it again.
I traded it in person when I was just testing it out and didn't want any accounts. In theory if things get even more cyberpunk, we could use dead drops.
Personally, I hate crypto, but I like the idea of crypto. Like decentralized currency, useable anywhere by anyone, independent of locale/government, is an awesome ideal. What drives me away from it is the fact that it’s not reliable (it fluctuates all over the place, and there’s no guarantee what you have one day will be there tomorrow), it eats more power than a country just to track transactions, there’s tons of different ones, and it’s generally used for scams and illicit purchases. Which I suppose is part of its reason it be, but no legit storefront I use takes it.. probably for the first reason.
It also doesn’t help that it’s got a bad rap from all the crazy crypto-bro/fly-by-night scams and NFT stuff.
The problem is not so much "paying for stuff without payment processors". On an individual level, that can fairly easily be achieved.
The problem is the chilling effect that the puritanical positions of these payment processors have on the creation of art. What are you going to do with your crypto if the game or art you wanted to buy gets self-censored for "compliance" or simply isn't created anymore?
I fully admit in advance I know very little about crypto, so please someone correct me if I’m wrong.
Isn’t part of crypto a detailed log of transactions?
Monero obfuscates transactions. Parties and amount are private.
Crypts currencies like Monero even hide that
It depends on the project. Many cryptocurrencies (Like Bitcoin, Etherium, Litecoin) have a public ledger. So every transaction (participants + amount) is visible.
Other Projects (where Monero is the most well known) use special cryptographic systems to hide all that. So the only thing which can be observed by 3th parties is that some transaction was successful somewhere.
There are also projects which are private but prioritize efficiency (all the cryptographic hiding has a notable computation-cost) by sacrificing hidden amount or hidden participants.
Yes.
But also, how can you make digital payment work without one? Not a rhetorical question by the way, legitimately don't know. llmost seems impossible.
My thought process:
Payment processors should have no authority whatsoever to monitor or police the transactions they facilitate. This would be true even if these two companies weren’t an illegal trust. Between the two of them, they effectively have a global monopoly on digital commerce.
Transactions should be autonomous push transactions, which crypto does. To send money with crypto, you actually send it, as opposed to a merchant pulling money like with credit cards. The additional part is crypto is autonomous. No card company acting as arbiter of all transactions
In that way crypto is objectively a superior method of transaction
Where it fails is throughput, use as a speculative investment, and lack of stable backing. Throughput can be solved, but I don't have a solution for the other two. Bitcoin was honestly great to use for transactions (where you could) until the value exploded. Ethereum is okay, but not great, even with other transaction technologies stacked on top
https://www.merchantmaverick.com/adult-payment-processing-merchant-account/
Or, use one of these, and make your own wholly NSFW version of itch.io
You could try to tie it to a crypto, but uh, if you don't want to just be paying creators directly in WhateverCoin, you basically now have to run a foreign currency exchange operation.
Theres a good deal of cost and risk to that, and... the alternative use of crypto would imply you are actually regularly holding a large crypto balance as an operating budget, which can be rather bad, as even the least bullshit of cryptocoins are way, way more volatile than almost any real currency.
...
Also, Nutaku still exists, though they've seemingly also completely axxed all paid games that actually have explicit sex in them.
Free ones are still there, but yeah.
Nutaku is in the position of being known for mostly adult android games... they could switch to an adult payment processor, and also expand to other platforms.
Itch io is... in arguably a less good position, as they sell / distribute adult and non adult games, so they basically have to pick one or the other.
this has been around for decades and it's funny people are only just picking up on it now due to videogames.
I used to work in the adult entertainment industry way back in the early 00s as a web developer and yeah visa and mc's rules were stupid. like an actual list of rules. no fisting was a major one. 4 fingers? fine. slip in a thumb? yup visa and mc can dig it. ball your hand into a fist? THAT'S TOO FAR FOR VISA AND MASTERCARD!
I'm wondering if this is Visa and MasterCard covering their arses legally.
When you buy on credit card you get extra protections like chargebacks and section 75 so if a company goes bust or doesn't do what you paid then for then the credit card company gives you your money back and the company owes them money rather than you.
But is that a double edged sword so if you buy something technically illegal where you live (and there's a lot of odd local porn laws), then they're somehow on the hook for that too?
I suspect a lot of stores are just pulling what is probably a tiny percent of their revenue because they don't have a good way to prevent you buying just that on CC or working out which territory it's legal in, under threat of having all their credit card charging facilities taken away...
fisting
covering their arses
hehe
I worked for a self publishing company long, long ago. It turns out, most of our best selling authors made NSFW stuff. Eventually our payment processor complained. So our CFO called around to a bunch of big porn companies and asked them which payment processors they used. Those companies were fine.
A guide book to female domination. Some sissy stuff with mature cover art. Right next to history books and Earthbound fan art. I felt good about it. Serving a real need.
A shame we never got Chuck.
Collective Shout is responsible for this shit for those of you wondering. They're an Australian alt-right group who harass people for porn, LGBT stuff, and whatnot.
It took just over a thousand of these shitheads badgering these companies to make this happen.
Makes one wonder how many could collectively shout back to fix this.
Didn't they get that really fun single dev Indy game "Schedule 1" blocked in Australia because you make and sell drugs?
Also shout out to the dev, very fun game! Hope they get the game unblocked.
And also pretend to be feminists.
They did the same to the BetaMax format, back in the day, so we all got stuck with the shittier VHS format. Fuck these assholes.
Let’s start a new payment processor. How high could the barrier to entry be. =\
May I suggest adopting Brazil's pix system, which has been the latest target of these companies and the reason why Trump is now trying to bully the country? Would be quite funny if Visa ended up losing even more ground to the very same system it is trying to sabotage.
I mean..
I'll take Monero, BTC, weed, mushrooms, LSD (contingent on test), cocaine (contingent on test, and resale value), 9mm JHP, 5.56x45mm, gold, silver, platinum, ca$h money, €uros, or glock/ar parts or comic books (contingent on approval).
