this post was submitted on 17 Aug 2025
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https://voidfox.com/blog/payment_processor_fun_2025_making_your_own_msp/
Someone breaks down why it'd be a monumental task for Valve/Itch to vertically integrate the whole payment processing thing into their business. The essay is highly readable.
The only thing I had to look up was
Escrow: a financial arrangement w/ a third party who holds/manages funds on behalf of two parties in a transaction
My takeaway was that Valve/itch/GOG would still be beholden to the banks who track porn as high risk for fraudulent transactions.
So what can we do about it? ~asking in earnest, btw. I buy porn and toys like a regular ass person, too~
Monero/XMR or GNU-Taler may be good alternatives. As for Banking, well.... There are OpenSource Core-Banking-Systems like Apache-Fineract
Monero is good, but is currently facing troubles of their own with potential 51% attacks.
Keyword potential... and more more reason to host your own node.
Ummm didn't they give a lecture on 51% attack prevention ? Or was it LokiNet ?
Ah well, as long some of us host our own nodes we kinda good