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Bill Ackman's Personal Reaction
- Bill Ackman reacted strongly to a New York Times article exposing exploitation on Pornhub.
- His anger was personal, as he has four daughters and found the abuses disturbing.
Payment Networks Control Porn
- Mastercard and Visa act as gatekeepers controlling the flow of payments in the porn industry.
- Cutting off payment access effectively forced Pornhub to remove millions of videos and change its business model.
Visa and Mastercard's Porn Rules
- Visa and Mastercard have informal but strict rules shaping porn content posted online.
- Payment companies act as de facto regulators deciding what is acceptable, enforcing a shadow "Hays Code" for porn.