Soon, she said, money began flowing into her account. “Please take all of my money for your trip, I don’t deserve it,” wrote Betaboy10, who gave $500, according to screen shots she provided to The New York Times. Another, named SubMike00, sent $250. A user who goes by Peter Zapp sent $400, along with the message: “I’d do anything to be owned by you.”
Welcome to the lucrative world of financial domination, a form of B.D.S.M. that has flourished during the pandemic, when many sex workers and their customers have migrated online because of social distancing precautions. The concept is simple, even if the allure is not immediately self-evident: “finsubs” (short for “financial submissives”) send monetary “tributes” to a financial dominatrix, who could be any gender, in exchange for being humiliated and degraded.
“It’s controlling someone through their wallet,” said Mistress Marley. (The Times agreed to identify her only by her professional name to prevent stalkers from finding her.) “I love waking up every day realizing that submissive men pay all my bills and I don’t spend a dime.”
…Giving away your hard-earned money may seem counterintuitive or unpleasant, like paying off credit cards and student loans. But for finsubs, who are also known as “pay pigs,” it is liberating and titillating.
Financial domination is helping Charlie, 29, a sales manager in Ohio, identify as a transgender woman, even as she presents as a man in her “vanilla” life, she said. King Kourt, her findomme, has full access to one of her bank accounts, she said, and as part of a “consensual blackmail” arrangement, King Kourt threatens to expose Charlie as a woman in exchange for money.
The idea, both said, is to encourage Charlie to live as she wants in public as well as private.
Giving up financial control may also help some finsubs become more empathetic. William M., 31, a technology manager for a school system, said that he spends $300 a month on Queen Astro, 31, a findomme from Los Angeles. Every time he sends money, she publicly belittles him on Twitter or degrades him on Skype.
“I used to be much more self-centered,” William said.
And here is paragraph that is totally wrong:
In that sense, financial domination is not so different from some marriages. “We don’t call it findom,” Dr. Kort said. “We see it as romantic, as one partner telling another, ‘I’m going to take care of you.’ In findom, it becomes erotic, but it’s the same dynamic.”
Here is much more from The New York Times. Seems to me like a pandemic-driven shift in the terms of trade to the suppliers! Work backwards and infer the underlying elasticity of demand.