@gargron yeah but
bitcoin is still mostly reserved "to us" and won't become usable by common people anytime soon, other serious issues aside.
and even all the profit they accumulated would likely run out fast, and it wouldn't impress visa. visa doesn't give a fuck and will watch Patreon die, they can destroy entire industries like that. (and already did)
and even if P adds bitcoin support they may still be asked to deny porn as a policy to get to process cards.
@CobaltVelvet There are card processors that deal with the adult industry.
@gargron yeah, very specialized and only a few of them, very big ones. from what i've heard it's a very closed thing and not cheap.
they literally put any constraint they want on anyone trying to accept credit cards, and have been leading a long term war against sex and related things.
but since they don't interact with end users and only work by threatening intermediaries it all look very conspiracy-like
@CobaltVelvet @gargron so yeah, I dunno. it doesn't feel like bitcoin is really a viable option either—there would probably be a million bureaucratic hoops to jump through, even larger fees, and stuff like volatility is always a problem. Not that they shouldn't do it—but it's definitely not a turn-key solution.
@gargron @CobaltVelvet re: "use bitcoin"—coinbase also has a strict no adult content or services policy. bitpay doesn't appear to, but given their deep integration with visa it might only be a matter of time. I don't know of any other bitcoin payment platforms but these would all be things patreon would have to work out.
- you can't make recurring payments with bitcoins
- getting coins is usually hard, getting coins quickly near impossible
pretty sure patreon mostly works on quickly made and forgotten recurring payments :p
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