I feel like I haven't been offered any legitimate, legal examples of what crypto offers the average person over the financial system they already know and has been embedded in society for hundreds of years.
https://reclaimthenet.org/dick-masterson-new-project-2-mastercard/I'm not a staunch supporter of alt-tech or anything but projects to establish new financial alternatives to things like Paypal or Patreon keep starting up and then getting strongarmed into nothingness by the black box that is credit card processing companies
you obey their rules or you're blacklisted, sometimes you're not even told what you did wrong and given no path to remedy the situation, you're just over and completely sunk without the ability to process the most common methods of money transfer
often it has to do with what you'll tolerate on the platform, especially if you allow porn, even if it's all actually legal you can be deemed a bad risk and simply shut down
credit card companies are why:
- pornhub has had persistent issues with accepting cards as payment in the past few years
- onlyfans made the baffling decision seemingly out of nowhere to ban porn, but then walked it back (caught between customers/bad press of destroying sex workers and credit companies' demands)
- tumblr suddenly banned all porn (now tentatively allowing some of it, attempting to capitalize on twitter negative press)
- patreon and subscribestar keep changing their TOS in terms of what they allow and have rules in a very similar vein to each other
porn and sex work is legal, payment processors just act "out of an abundance of caution" and practically write the TOSs for the sites that use them, and what are you gonna do, tell them no?
to operate a legal website in the US you still have to obey all US laws. a site should be expected to obey the law on their own terms and for their own sake, not because some credit card company mandated their behavior.