We're about one day since
the platform OnlyFans appeared to
announce that its real core creator
demographic.
Those who produce explicit content
in a variety of forms and
different extents will not be
able to do that in the near future,
that content will not be allowed on
the platform.
There has been some indication
that that might not actually end up
being the case, or
that the prohibition against this
content might not go as far as it
initially seems, but they're not
releasing much more information.
And that leaves a lot of people
worried about what's going to
happen to the,
at least, tens of thousands of
creators on the platform who,
particularly during the pandemic
have made a lot of money from
the safety of their home.
Activists are saying that many of
the people who have now found
a home at OnlyFans to continue to
make money might have to expose
themselves to a greater degree of
either physical risk, risk to their
privacy, those sorts of things.
So, in the absence of
additional information,
there is a lot of uncertain
MasterCard in the last day has said
that this is not a decision that
they were involved in and that only
fans came to it themselves, which
could be technically true, and
still actually be why it was done.
But anyway, there's a lot going on
here and so I'm curious what
you both make of it.
>> Okay, I think this is a total
disaster for a number of reasons.
Now, first of all,
let me say I just found out about
Ali fans literally a week ago.
This is where you insert.
I don't believe you leave the
comment below but it's, and it's
actually kind of an embarrassing
boomer thing to admit when I send
it at the dinner, people.
[LAUGH] You're right dog.
You don't know >> I find
hard to believe because I've
subscribed to your only fans for
about a year and you got great.
>> Great egg.
That's true.
It's true.
Shockingly good ankles.
Yeah, it's just like my triceps
[LAUGH] Hi, John's loving this.
All right, look guys, this is a bad
story on a number of fronts.
Look, there are two possible
reasons that they did this, okay?
And neither one of them is good.
One is investors who want to
broaden their appeal because they
presumably wants several different
revenue streams And, and
one of them might be,
by the way advertisers that
mentioned here, but
you can't get advertisers if you're
doing things that are explicit.
And so a lot of things get ruined
in the world because of advertisers
advertising.
We never want anything interesting.
Make sure everything is
super boring,
so it doesn't offend anyone.
So my God,
people are actually coming here for
nudity, and sex, etc.
So could you just buy that and
then stop the nudity and sex?
They have actual conversations like
this, right?
So that's one portion of it.
And by the way, if you're
an investor in this company, and
now you say that, hey,
maybe you should stop doing
the core thing that we invested in,
well It's not a very brilliant
financial strategy.
Maybe you should have invested
somewhere else, right?
And by the way.
>> And that's a business strategy.
As a business strategy,
it doesn't make sense even for
the business model, not just for
the investors, but for
the company itself.
They're hoping to get get
more investors to grow maybe
be acquired one day, but there's no
shortage of social media platforms.
The only reason they're on the map
is because of this.
It's not like people are distracted
and annoyed by the nudity in
the sex acts.
That's keeping their eyes away
from the clean platform.
It's not like,
the interface of only fans.
These breasts are in the way of
this beautifully operating
interface.
Please, if only we could have my
grandma posting vacation updates
here, my life would be complete.
They're losing their entire bread
and butter.
>> Yeah, nobody reads only fans for
the articles.
[LAUGH] >> Although there is
certainly non-sexual content.
>> Okay?
>> It's a smaller portion, but
it does exist,
>> Apparently, I don't know.
No, I'm kidding, anyway.
[LAUGH] So they launched a new list
app, by the way recently for
the same reasons.
Guess how many subscribers that
has zero.
No one's ever gone to it.
I made that up, but
it's not that far off.
Okay, we do a thing where we we
sell sex.
But would you like
the non-sex version?
No, not really, no, nobody's
interested in the non-sex version.
>> They would have a better luck if
they change their business
model to just sell only fans.
Just power fans, operated fans,
ceiling fan,
you can at least get some interest.
>> Okay, now the second part of
it is actually more dangerous
if it's true that the banks or
the payment providers are the ones
that said, okay,
you can't do this thing anymore,
we're not going to support it?
No, that's actually,
it's not government censorship.
Yes, they technically,
legally can do that, but that is
something that we should be very,
very concerned about.
It's one thing when they say,
hey you people
are either committing violence or
encouraging violence and
that affects other human beings and
we cannot accept them.
It's another thing when they say,
you two people are doing something
that doesn't affect anyone else,
but I don't like it.
So I'm going to ban you,
no, then we have a massive problem.
>> Yeah, and
look, I think obviously,
there's a lot going on.
Maybe this is a bad time to try,
probably in vain considering
what our country is full of
to get America to actually evolve.
I apologize if this is going to
seem a little bit sort of socially
or culturally woke or whatever.
But maybe we could get past
all the BS stigma and embarrassment
about it maybe another platform
could invite those craters on.
And they could work hard with good
advisors to find companies that
are willing to advertise on there
and help to fight
back against the stigma.
About the stigma against
the creators who are doing
literally nothing wrong.
They're producing content that
is more popular than arguably any
other content is, and has been for
as long as they have been humans.
And then gradually companies will
figure out, this is a thing that
lots of people like.
Maybe having my product
associated with something so
fundamentally human is sexuality.
Isn't necessarily a bad thing and
can coexist with our willingness to
advertise on things that are filled
with violence and all of that.
>> Yes, they're bringing joy to
lots and lots of people.
And sex work is work.
It's enough of us denying who we
actually are as
people with all of these false
pretenses it's the exact same
thing as a restaurant banning
vaccinated people or banning masks.
Choosing your own private life to
do what you want, but when you
impose your values on other people
when they are not affecting you,
it's a very quick road to
a lawless, senseless society.
The porn industry is a multi
billion dollar industry.
Most people look at it,
to some degree indulge in it.
And if we're not going to
acknowledge that part of our lives,
we will forever live in this
constant hypocrisy in our brains.
That enables us to not believe that
in science, and in vaccines, and
in protecting each other.
There's no common reality if we
can't say yeah, we're also sexual
beings, it makes zero sense.
>> Yeah, last thing is there's two
different issues here.
One is the greed, right?
So they have 130 million users.
Maybe that's good enough.
Maybe you don't have to expand into
ceiling fans and nudeless this and
that and
find a way to get even richer and
richer and richer, right?
Maybe you could just do the core
product that people really
like instead of ruining it.
The second issue is what John and
Ben were talking about.
Guys, the reason we conflate these
two things is because what we call
morality has two different things
in that bucket.
One is things that are actually
moral which is caring about other
human beings.
And not violating their rights,
their safety,
their health, their wishes, etc.
And then layered on top of that is
this old morality of I'm going to
tell you what to do with your life.
>> Yeah. >> And that's not actually
morality.
It's something somebody wrote 2000
years ago that has no bearing on
our lives,
it's a bunch of busybodies.
And by the way, ironically,
the guys yelling freedom
are the ones that say that they
don't want the freedom.
That they want to impose their
so-called morality
on the rest of us and judges for
our private actions that have
nothing to do with them.
So this move by only fans is
an absolute debacle and there's not
one redeeming quality of it.
So I think we're clear
enough on it.
And it shows an underlying problem
in society that's much larger.
>> Is this a very bad time to plug
my super sexy only fans page?