Miss Pearl 🍁 @omisspearl.bsky.social · 08/12/2025Are the payment providers being a jerk because banking is particularly captured by puritan weirdos, or is there some regulatory sword of Damocles at play that they are gambling on appeasing? Where is the weak link here? 140
Paltego @paltego.bsky.social · 08/12/2025Guessing they're looking at risk vs reward. It's a small part of their total business and the risk is lots of headlines about them facilitating white slavers, trafficking, child abuse, etc. Easy for pressure groups to drum up crazy headlines and create a lot of negative PR. 120
Paltego @paltego.bsky.social · 08/12/2025Also I think there's a particular social dynamic inside big companies that naturally skews things in a puritanical direction. I wrote about it before in context of software development but I can imagine the same thing happening in payment processors www.femdom-resource.com/2013/05/22/p... 030
