Dave Rubin: Crypto is the Answer to Censorship and Patreon
Dave Rubin, the founder and the host of the Rubin Report, has left Patreon with Dr. Jordan Peterson and has begun to develop an alternative solution, possibly involving crypto.
Sharing his Bitcoin address in a statement, Rubin said:
Mastercard is Doing the Hard Work For Crypto
Decentralization in finance is important in an era in which content creators and commentators sustain their platforms through digital payments.
During a podcast in France, Dr. Jordan Peterson revealed that he was receiving around $80,000 per month on Patreon as compensation for all of his work including the free content he regularly publishes on YouTube, such as interviews and speeches.
However, as the Patreon account of many content creators were banned without any prior notice or explanation, Dr. Jordan Peterson left Patreon, abandoning a stable stream of income to create an alternative to Patreon.
As Dr. Peterson left the platform, he stated:
Based on the recent statements of Dave Rubin, it seems increasingly likely a platform involving cryptocurrencies will be created, as Dr. Peterson emphasized throughout the past month that payment processors in the likes of Mastercard and Visa should not be censoring the accounts they service based on their political bias.
If an alternative to Patreon is created by depending on centralized payment processors and settlement systems, it will suffer from the same problem Patreon struggled to deal with; payment processors will simply request the platform to censor accounts or risk losing the services provided by the payment processors.
Crypto is the Answer
Dave Rubin noted that it has become more evident that anti-censorship money in crypto seems like the sole answer to the censorship practiced by payment processors.
Mastercard, PayPal, Visa, and other financial companies have possibly done the hard work for the cryptocurrency ecosystem by giving the incentive to influential content creators and individuals to recognize the necessity and importance of decentralized money.
The motive behind the operations of payment processors based on subjective political bias remains unclear. But, in the long-term, it may increase the adoption of cryptocurrencies that are able to provide financial services to everyone on a decentralized protocol.
Dave Rubin image from OxfordUnion/YouTube