Bitcoin as a payment option, especially for the adult and entertainment industry

[thejaytiesto]

Look, I will give you just one example. Look at the mess with the Ashley Madison. Imagine if their users had an opportunity to pay in Bitcoin by staying anonymous or even semi-anonymous. I am sure many of them would choose this option.

Bitcoin can have many use cases like this one in the adult and porn industry, meeting and dating websites, etc. And I am sure it will have after the Ashley  hack.

True, keeping outdated services like credit cards where they have to store all of the people's data in a server (that WILL get eventually hacked exposing to millions of people and losing tons of money) it's really stupid. Bitcoin is superior in every single way. Same for cam websites.

Not sure about escorts tho. A escort might still be safer with cash because it doesn't have a public ledger... that's why we need stuff like confidential transaction, and higher anonymity by default. Bitcoin is not fungible enough for someone like a escort to see it as better than cash.

[lemipawa]

I would love to use Bitcoin to pay for subscription on those popular porn sites, but too bad, they don't accept BTC as a payment option. I was even asking those who sells access to porn sites in the Digital Goods section if they have access to sites that i'm interested to view.

[Kprawn]

honestly, i love when bitcoin being most popular payment option in many porn/adult sites ,but it'll giving bitcoin a negative image,so, better for sex industries to make their own coins like titscoin or sexcoin and then make this popular

Yes i think that creating another coin specialized for the porn/adult sites is better than using Bitcoin on this sites. Of course supporting btc by making it as payment processor is always welcomed, but we have to think also about the reputation of this currency, in the other hand

Do you think people who pay for these services with credit cards, think about the reputation of VISA or Mastercard when they do that? Not.... They just concentrate on the

experience at hand. {excuse the pun} The porn industry will accept any currency or payment method that would bring in more money faster.

The Peepshow idea could be linked to micro payments, like the old coin operated Peepshows in Amsterdam. 

[krb91]

I would love to use Bitcoin to pay for subscription on those popular porn sites, but too bad, they don't accept BTC as a payment option. I was even asking those who sells access to porn sites in the Digital Goods section if they have access to sites that i'm interested to view.

Some of the popular sites accept bitcoin and a range of other crypto coins, and the others will probably start if they are afraid of losing market share to those that do. In another year or two you wil probably be able to pay in bitcoin at all your favorite sites.

[OccidentalCoin]

Not sure about escorts tho. A escort might still be safer with cash because it doesn't have a public ledger... that's why we need stuff like confidential transaction, and higher anonymity by default. Bitcoin is not fungible enough for someone like a escort to see it as better than cash.

With anonymous coins such as Monero (XMR), there is no traceable public ledger. So you can treat it as cash to pay escorts.

[knowhow]

Bitcoin should and is taking costumers from western union,they are loosing some and more costumers,bitcoin is taking a part of this market.About adult and entertainment industry well bitcoin is being a choise for those who wanna have some fun and pleasure without have a bill showing all where you had spend your money .I dont mind if bitcoin stay for a long time at the current value or between 300 and 500 dollars,these would mean that bitcoin has value and interest for some.

[ashour]

Bitcoin as a payment option for the adult and entertainment industry could be really useful since bitcoin payments are faster than bank deposits.

[7788bitcoin]

Adult and entertainment industries were in the past some of the very first to make use internet. No doubt they find bitcoin useful especially the perceived anonymous payment mode.

[BTCBinary]

Bitcoin is the perfect means of exchange for the internet. It surelly is the most perfected means of exchange for the adult industry as well.

[owm123]

Look, I will give you just one example. Look at the mess with the Ashley Madison. Imagine if their users had an opportunity to pay in Bitcoin by staying anonymous or even semi-anonymous. I am sure many of them would choose this option.

Bitcoin can have many use cases like this one in the adult and porn industry, meeting and dating websites, etc. And I am sure it will have after the Ashley  hack.

Paying with bitconis on a cheating site and waiting for  the site get hacked and your identity connected with your bitcon address(es) would be terrible. So not only these people could be identified as cheaters, but also you could view their balances on addresses, chceck who's reach, whos not, etc. If you want to use bitcoin for something, please remember that bitcoin is not anonymous (http://www.bitcoinisnotanonymous.com/).

[Swordsoffreedom]

There are a lot of threads on porn sites
I know that in the industry some porn sites do take Bitcoins already not so sure about the escorts but it's far more common nowadays.

Look, I will give you just one example. Look at the mess with the Ashley Madison. Imagine if their users had an opportunity to pay in Bitcoin by staying anonymous or even semi-anonymous. I am sure many of them would choose this option.

Bitcoin can have many use cases like this one in the adult and porn industry, meeting and dating websites, etc. And I am sure it will have after the Ashley  hack.

Ashley Madison is a good example of why you don't post your personal details when you are trying to commit adultery.

[aakashsangwan]

I would love to use Bitcoin to pay for subscription on those popular porn sites, but too bad, they don't accept BTC as a payment option. I was even asking those who sells access to porn sites in the Digital Goods section if they have access to sites that i'm interested to view.

Some of the popular sites accept bitcoin and a range of other crypto coins, and the others will probably start if they are afraid of losing market share to those that do. In another year or two you wil probably be able to pay in bitcoin at all your favorite sites.

i do agree with you , porn  sites have now recognised the potential of bitcoin and how much it will affect in coming days to this industry, even escort services has been started to accept the bitcoin as payment option..

[Pab]

 Bitcoin is very good payment option for any industry,speciall online related,but still there is lack of knowledge about btc and blockchain

[knowhow]

Bitcoin can bring a low price to the most costumers,if the mass adoption happens on the next years,we can say that bitcoin will get a big part of the people who use fiat and credit card,financial problems should push the people into something better the current monetary system.

[OccidentalCoin]

Bitcoin is a good tool/currency for peer to peer transactions. It does not require bank to be in the middle. It has more privacy.

[n2004al]

If you are next week in Prague on the TES Show there is a little lecture about

„Bitcoin as a payment option, especially for the adult and entertainment industry“

on Wednesday, September 23rd at 2PM in the room Arabela 1-2.

There are topics like

• Bitcoin as a payment method
• Bitcoin as an payout service for webmaster
• Bitcoin for Sexworker, Escort and Cam-Girl with payment in advance
• Bitcoin-Businessmodels with "Bitcoin-Only" porn Sites like "Bitcoin Peep Show"

and one day later is „FinTech Panel Discussion“ on Thursday, September 24th at 3:30PM in the room Arabela 1-2.

Does the adult industry find the "big thing" for the bitcoin industry?

It is the most normal and logical thing. Bitcoin mean anonymity and there are to many the people who don't want to reveal their identity in doing adult things. No one want that him's wife know that he was with an escort during the "working weekend"? Or that him has seen and adult film in him's computer. With credit card every such kind of actions can be discovered. With bitcoin never. So the use of bitcoin realize all their desires. Give them the "prohibited apple" and no one can know that them have made one or more sins. This thing can be repeated how many times they want.

Why must not be bitcoin the preferred topic to be discussed in the adult panels and industry?