Never celebrate too early, The Fourth Reich always wins.
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But that's not accurate, it's not the free market that made this choice, it's the banks suddenly "withdrawing their objections".
Because they too realized what OnlyFans is, and that what they were asking would result in the company to just, die.
And with it, all the money they get from it, drop to zero.
Like, this was the simplest "if you make us do this, this company will end" case.
Yes, and that's what cutting payments would do as well.
The banks/payment processors wanted OF to die.
What the hell happened in the last few days? That's what will tell you who really controls the world.
No, they wanted OnlyFans to CHANGE.
Instead, they realized that what would happen is that it would instantly go Chapter 7.
They stumbled on the most brazenly stark "get woke go broke", something so primal and binary that there was no ambiguity, no doubt. If you make us do this, we will have to file for bankruptcy.
And so the banks backed down.
Don't be naive. They were fully aware it would die from that change, they wanted that to happen.
It wouldn't affect them if OnlyFans went bankrupt, Visa for example, is a huge corporation with a market cap around half a trillion dollars.
I can't answer why, because I doubt it's a moral objection. Likely a legal one if anything.
What I'm wondering is, who stepped in for OnlyFans to either threaten the payment processors into backing down, or provided the legal protection to make the payment processors withdraw their complaint.