Mastercard's Banning Porn? Who Should Regulate the Internet? - TLDR News

The video discusses Mastercard's new rules for adult content, which require contracts, age verification, and content review. These rules aim to ensure lawful activity but face criticism for potentially harming sex workers, lacking clarity, and being undemocratic. Possible solutions include using cryptocurrency, increasing competition, and government intervention. The video suggests that effective regulation should balance moral intuitions and technical challenges, and that government should take responsibility instead of private companies.

Why is the lack of clarity in the new rules a significant concern?

How do network effects impact the availability of alternative payment processors for adult content sites?

What role do government policies play in the context of Mastercard's new rules?