[FireBeyond]

> (Actually, now I think about it, crypto is being put in a HIGHER risk category than porn. Ouch.)

Which isn't unwarranted. Porn companies have challenges, and as shady/deceptive as some of them are in rebilling, they also have a limited number of processors they can use, so they have an interest in not getting kicked off.

Shitcoins don't care. Milk up all the cash you can, disappear. Who cares whether the processor cans your account?

[woah]

What are you even talking about? Shitcoins? These are exchanges which have just as much reason to want to keep their credit card processing as any business.

[soundwave106]

Sure, but the problem is the seemingly very high amount of shady behavior in cryptocurrency. EG: In one category, you have reports like this that say 81% of ICOs are scams. (https://www.bleepingcomputer.com/news/cryptocurrency/81-perc...)

That's pretty damning to me. I would be willing to bet that 81% of porn sites are not scams. So putting crypto as a higher risk category seems correct to me.

(I also recognize that there's legit exchanges, especially outside of the world of ICOs, but crypto seems to have a massive fraud issue now.)