I'm not going to argue about the specifics of OnlyFans because I'm honestly not aware of the details. In any case, you are missing the point. I could talk about any "legit" adult site and all the extra fees they have to pay because of the risk and credit card fraud associated with the industry, or I could even just use a more "innocent" example such as Gumroad or Steam, who sell only digital content, and would benefit from crypto-payment systems: no chargebacks, no fees for micropayments, no currency conversion fees, etc.
> they're really good at increasing fees for middlemen though.
I can make transfers now of any amount of ETH/DAI for exactly $0.19. [0] This is already competitive with credit card transfers for less than $5. Raiden [1] released today a new version of their client, so you can have decentralized transfers for virtually free (fractions of a cent if the transfer needs to be mediated by other nodes, but basically free otherwise).
I'm not going to argue about the specifics of OnlyFans because I'm honestly not aware of the details. In any case, you are missing the point. I could talk about any "legit" adult site and all the extra fees they have to pay because of the risk and credit card fraud associated with the industry, or I could even just use a more "innocent" example such as Gumroad or Steam, who sell only digital content, and would benefit from crypto-payment systems: no chargebacks, no fees for micropayments, no currency conversion fees, etc.
> they're really good at increasing fees for middlemen though.
I can make transfers now of any amount of ETH/DAI for exactly $0.19. [0] This is already competitive with credit card transfers for less than $5. Raiden [1] released today a new version of their client, so you can have decentralized transfers for virtually free (fractions of a cent if the transfer needs to be mediated by other nodes, but basically free otherwise).
[0]: https://l2fees.info/ [1]: https://raiden.network