The recent announcement from OnlyFans that it would no longer allow adult content, and then that it would continue allowing adult content after all, shows, how some businesses can be vulnerable to having credit card payments taken away. This problem would not happen for a site that collected payments using cryptocurrency!
The problem is far more complex.
They were risking this because of the recent scandals of underage models videos being shared through the platform, escorts services, complete illegal videos on demand delivered outside the platform but using it as payment gateway, a lot of other shady stuff, even if they would avoid banks in the long run such service would be closed by the authorities so the problem lies elsewhere, not on the payment methods.
I don't know OnlyFans business model, but I expect that one could save the CC info for later payments and then people paid for content without realizing, hence complained to banks.
All adult websites that are having a monthly subscription model love CC and hate every other payment method, to the extent that they charge you a lot for the others. For them, the fact that you can buy with a click directly from their website, the fact that when you become a fan of a model for some it's a matter of pride to keep the subscription going to "support" her is the real gold mine, the fact that one would have to open his wallet every single time to make a payment might be a deterrent to keep spending.
I knew I had
a screenshot of the differences between payments methods, seems like that at the end of the line for them it's more profitable to have cc than crypto, and in the case of LJ there is no recurring monthly subscription.