Comment by ak6te
6 hours ago
Assuming we're talking about performing this transaction in a jurisdiction where prostitution is legal, how is it any different from any other business transaction? I don't think anyone is particularly mad about payment processors refusing to process illegal transactions, it's the refusal to process legal but morally controversial transactions that is problematic.
I am mad about payment processors censoring transactions. they displace neutral forms of money like cash or cryptocurrency
Why is it problematic? Maybe they don't want to be associated with those things or involved in them?
It's problematic because the ability to conveniently and send and receive money without using cash is vital in modern society. It effectively acts as a utility. Utilities don't get to pick and choose based on their execs' valuable opinions. The bar should be at refusing illegal transactions and always allowing everything else. Their purpose needs to be serving people and businesses, not dispensing moral judgements by banning businesses they don't like from participating in the cashless economy.