Paypal Drops Pornhub Support, Pornhub Is Now Exploring Cryptocurrency Options

[alyssa85]

There is not much demand or interest for the sex workers. Why would they need it? They do it for money, (money usually needed immediately) not for something that they need to then exchange it back to local currencies

I don't quite agree with this part

Actually, Bitcoin may well turn out to be the currency of choice in the porn industry, just like Dogecoin is for gambling (if PayPal and its likes such as Visa etc do everything right). How come? The cam girls are typically from Eastern Europe and third world countries (apart from porn stars like already mentioned Shyla Jennings who quite literally don't give a fuck anymore), while their viewers mostly come from America and the rest of Europe (maybe, Japan too). This basically means that the girls are paid in dollars and euros, and they still have to convert the payment received into their local currencies. So how much is Bitcoin different in this department?

Is there an exchange where you can covert bitcoin directly into eastern european currencies (zloty, korunas and so on)? If so, then using bitcoin would be easy for them. If they have to convert bitcoin into euros and then from euros to their own currencies, they'll be paying fees twice over compared to now.

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[coiningz]

Crypto will save the world from paypal

[7788bitcoin]

Probably Monero or Zcash. Though if people were using paypal they weren't worried about privacy, so any crypto should do the trick.

People really do not care about much privacy here but all they want to do is to avoid those transactions appearing in their bank statement and hence any crypto currency or any payment gateway that does not highlight where you have used to money will do the trick and generally majority of the payment processors will not allow you to pay and it is time for the industry to change their payment to bitcoin as it gives them the freedom they are looking for.

[deisik]

There is not much demand or interest for the sex workers. Why would they need it? They do it for money, (money usually needed immediately) not for something that they need to then exchange it back to local currencies

I don't quite agree with this part

Actually, Bitcoin may well turn out to be the currency of choice in the porn industry, just like Dogecoin is for gambling (if PayPal and its likes such as Visa etc do everything right). How come? The cam girls are typically from Eastern Europe and third world countries (apart from porn stars like already mentioned Shyla Jennings who quite literally don't give a fuck anymore), while their viewers mostly come from America and the rest of Europe (maybe, Japan too). This basically means that the girls are paid in dollars and euros, and they still have to convert the payment received into their local currencies. So how much is Bitcoin different in this department?

Is there an exchange where you can covert bitcoin directly into eastern european currencies (zloty, korunas and so on)? If so, then using bitcoin would be easy for them. If they have to convert bitcoin into euros and then from euros to their own currencies, they'll be paying fees twice over compared to now

There should be quite a few

The world does turn around only major exchanges like Bitfinex, Binance, Kraken, Coinbase, etc. There are plenty of local exchanges in almost any European country, even though they are mostly unknown to the wider public. And this is apart from an even greater number of so-called exchangers (which are not exchanges) that allow to convert top cryptocurrencies into local fiat using a number of methods. Just in case, Exmo allows you to exchange bitcoins for the Polish zloty if I'm not mistaken (and probably for a few other European currencies as well)

[alexsandria]

Yet new opportunity in crypto currency community. It is just sad on their to be cut off by Paypal by such principle. However, the pride and the drive is strong with Pornhub to the point they wanna even try and explore crypto currency. I could rather say that they have a good decision with this one but have the thought of stopping of promoting sex have crossed in their mind? I just wondering the after effect of Paypal decision with this one.

[coin-investor]

A PayPal spokesperson told Motherboard: “Following a review, we have discovered that Pornhub has made certain business payments through PayPal without seeking our permission. We have taken action to stop these transactions from occurring.”

I'm surprised that Paypal did not know or discovered this because Pornhub has been online for many years and they have been using Paypal ever since, but it's Paypal lost Porn is a multi-million dollar business, that's hundreds thousands dollar fee

Which coin would fit pornhub's business model the best?

of course Bitcoin everybody will prefer Bitcoin, or other top coins in the market like Litecoin, Dogecoin or Ethereum
or they can even create their own if they want it.

[eaLiTy]

I'm surprised that Paypal did not know or discovered this because Pornhub has been online for many years and they have been using Paypal ever since, but it's Paypal lost Porn is a multi-million dollar business, that's hundreds thousands dollar fee

The porn industry is a billion dollar market and it is the total accumulation of the porn market and it is not a secret and if paypal does not want to conduct business then they have the freedom to exclude any sector, expect these if you are dealing with private and government payment gateway and that is why we have a decentralized market in BTCitcoin and they will migrate in due time.

 

of course Bitcoin everybody will prefer Bitcoin, or other top coins in the market like Litecoin, Dogecoin or Ethereum
or they can even create their own if they want it.

If they want to accept BTCitcoin it is perfect for any merchants and if every company will start their own coin then there will be a time when you will be holding tons of coins without much liquidity and that is not the vision of Satoshi, BTCitcoin is created to eliminate a third party trust and it is not meant that every Dick and Harry must create their own shit coin to conduct business.

[Aying]

Yet new opportunity in crypto currency community. It is just sad on their to be cut off by Paypal by such principle. However, the pride and the drive is strong with Pornhub to the point they wanna even try and explore crypto currency. I could rather say that they have a good decision with this one but have the thought of stopping of promoting sex have crossed in their mind? I just wondering the after effect of Paypal decision with this one.

That opportunity will give a strong connection with each users. pornhub has a big community over million viewers and premium users. crypto may be the best option to paypal. is this a new beginning of crypto to have more popular or in bitcoin only? they will not slip this opportunity to earn and do their hubby. curiosity may be the best way to have more users and increase the crypto uses. hoping for this continuation for better future. 

[beerlover]

Considering paypal has always been doing bad things for their customers and why people are looking a way out, there is no surprise that they stopped working with pornhub and I am 99% sure they will go bankrupt soon. Maybe in 5 years maybe in 10 years but paypal will be gone for sure, they can't sustain this horrible business model where they are doing something against all of their customers and still get away with it because they are the most common one we know.

Aren't there other payment methods? There are, which means the more people complain about them the more companies will start to offer other options and people will use those options eventually and paypal will be gone. The only good thing paypal is doing right now is ability to integrate on any website, when other payment solutions get to that level paypal will be gone.

[BChydro]

Considering paypal has always been doing bad things for their customers and why people are looking a way out, there is no surprise that they stopped working with pornhub and I am 99% sure they will go bankrupt soon. Maybe in 5 years maybe in 10 years but paypal will be gone for sure, they can't sustain this horrible business model where they are doing something against all of their customers and still get away with it because they are the most common one we know.

Paypal is challenging its customers for a decade and they are still surviving, porn industry can be their biggest market but i wonder why they want to turn that off and with many challengers in the market it will have a net affect in the end when they loose many merchants and customers and i wonder what will be their fate when bitcoin will be adopted globally for online payment and in the next five years i expect many changes happening in the market.

[Lanatsa]

Considering paypal has always been doing bad things for their customers and why people are looking a way out, there is no surprise that they stopped working with pornhub and I am 99% sure they will go bankrupt soon. Maybe in 5 years maybe in 10 years but paypal will be gone for sure, they can't sustain this horrible business model where they are doing something against all of their customers and still get away with it because they are the most common one we know.

Aren't there other payment methods? There are, which means the more people complain about them the more companies will start to offer other options and people will use those options eventually and paypal will be gone. The only good thing paypal is doing right now is ability to integrate on any website, when other payment solutions get to that level paypal will be gone.

Bolded part.

This is the main reason why they cant be easily be stepped out of the game.They've been mainly integrated by most sites marketplaces,freelancing sites, online services .
So its hard to think that they would be phased or crossed out anytime soon.

We cant predict the future but as long fiat do exist then im pretty sure that Paypal would still exist still for more longer years.We cant think off for another payment system
other than crypto which we know it isn't been fully adopted yet but who knows if we do come to that point.

[Hallmader]

Considering paypal has always been doing bad things for their customers and why people are looking a way out, there is no surprise that they stopped working with pornhub and I am 99% sure they will go bankrupt soon. Maybe in 5 years maybe in 10 years but paypal will be gone for sure, they can't sustain this horrible business model where they are doing something against all of their customers and still get away with it because they are the most common one we know.

Aren't there other payment methods? There are, which means the more people complain about them the more companies will start to offer other options and people will use those options eventually and paypal will be gone. The only good thing paypal is doing right now is ability to integrate on any website, when other payment solutions get to that level paypal will be gone.

Bolded part.

This is the main reason why they cant be easily be stepped out of the game.They've been mainly integrated by most sites marketplaces,freelancing sites, online services .
So its hard to think that they would be phased or crossed out anytime soon.

We cant predict the future but as long fiat do exist then im pretty sure that Paypal would still exist still for more longer years.We cant think off for another payment system
other than crypto which we know it isn't been fully adopted yet but who knows if we do come to that point.

Paypal became the most convenient payment choice of many people because of its global system which is accepted by a lot of online shopping sites, banks, and other businessmen such as pornhub. Pornhub is just one of the many. It is indeed convenient. We should not deny that. I have used Paypal during the days when my employer was based on another country. But with the coming of crypto, I think it is more convenient to use Bitcoin or altcoins instead. Paypal money transfer imposes higher fees. Using crypto is much cheaper now.

[arwin100]

Considering paypal has always been doing bad things for their customers and why people are looking a way out, there is no surprise that they stopped working with pornhub and I am 99% sure they will go bankrupt soon. Maybe in 5 years maybe in 10 years but paypal will be gone for sure, they can't sustain this horrible business model where they are doing something against all of their customers and still get away with it because they are the most common one we know.

Aren't there other payment methods? There are, which means the more people complain about them the more companies will start to offer other options and people will use those options eventually and paypal will be gone. The only good thing paypal is doing right now is ability to integrate on any website, when other payment solutions get to that level paypal will be gone.

Bolded part.

This is the main reason why they cant be easily be stepped out of the game.They've been mainly integrated by most sites marketplaces,freelancing sites, online services .
So its hard to think that they would be phased or crossed out anytime soon.

We cant predict the future but as long fiat do exist then im pretty sure that Paypal would still exist still for more longer years.We cant think off for another payment system
other than crypto which we know it isn't been fully adopted yet but who knows if we do come to that point.

Paypal became the most convenient payment choice of many people because of its global system which is accepted by a lot of online shopping sites, banks, and other businessmen such as pornhub. Pornhub is just one of the many. It is indeed convenient. We should not deny that. I have used Paypal during the days when my employer was based on another country. But with the coming of crypto, I think it is more convenient to use Bitcoin or altcoins instead. Paypal money transfer imposes higher fees. Using crypto is much cheaper now.

The only annoys me for using paypal is the fee since they take out huge percentage when we do a transaction and maybe pornhub see that that's why maybe they will find a good option so that they can save from transaction fee's together to their costumers in more convenient manner and crypto is a good option really for this since they can select on which is the best since there are crypto like xrp who offer less fee and fast.

[cotton ball]

Considering paypal has always been doing bad things for their customers and why people are looking a way out, there is no surprise that they stopped working with pornhub and I am 99% sure they will go bankrupt soon. Maybe in 5 years maybe in 10 years but paypal will be gone for sure, they can't sustain this horrible business model where they are doing something against all of their customers and still get away with it because they are the most common one we know.

Aren't there other payment methods? There are, which means the more people complain about them the more companies will start to offer other options and people will use those options eventually and paypal will be gone. The only good thing paypal is doing right now is ability to integrate on any website, when other payment solutions get to that level paypal will be gone.

Bolded part.

This is the main reason why they cant be easily be stepped out of the game.They've been mainly integrated by most sites marketplaces,freelancing sites, online services .
So its hard to think that they would be phased or crossed out anytime soon.

We cant predict the future but as long fiat do exist then im pretty sure that Paypal would still exist still for more longer years.We cant think off for another payment system
other than crypto which we know it isn't been fully adopted yet but who knows if we do come to that point.

Paypal became the most convenient payment choice of many people because of its global system which is accepted by a lot of online shopping sites, banks, and other businessmen such as pornhub. Pornhub is just one of the many. It is indeed convenient. We should not deny that. I have used Paypal during the days when my employer was based on another country. But with the coming of crypto, I think it is more convenient to use Bitcoin or altcoins instead. Paypal money transfer imposes higher fees. Using crypto is much cheaper now.

The only annoys me for using paypal is the fee since they take out huge percentage when we do a transaction and maybe pornhub see that that's why maybe they will find a good option so that they can save from transaction fee's together to their costumers in more convenient manner and crypto is a good option really for this since they can select on which is the best since there are crypto like xrp who offer less fee and fast.

PayPal look serious for building their business without have bad site connected with their payment currency and try to close working with pornhub have bad effect for their future, now crypto try for connecting with pornhub site will be negative effect for the future of crypto or not, I think better crypto is not connected with pornhub site.

[jsizar]

Privacy coins will be perfect for them

[Ludmilla_rose1995]

Which coin would fit pornhub's business model the best?

It would be better if Pornhub made their crypto. Seeing Pornhub is a popular adult site and very many visitors there. I am sure there will be a lot of support from investors if they make their crypto.

[NavI_027]

Bitcoin HODLers might find this interesting.  

A spokesperson for Pornhub told Motherboard: "Decisions like that of PayPal and other major companies do nothing but harm efforts to end discrimination and stigma towards sex workers. While we still have several payment methods for our models available, we will continue to add more sex worker friendly ones and explore cryptocurrency options in the near future."

Which coin would fit pornhub's business model the best?

Indeed, this news is very interesting only, I repeat, only because it was a bizarre adoption . This helps the Paypal users community (and maybe crypto community soon) to grow definitely but if it causes greater damage in return then I'm passed. Honestly, this is very alarming because their company seems like expanding their arms for us to have their services being offered . Why it looks like "bad" things like this are getting normal in today's modern society. Maybe some of you will rebut that "Business is business", "Grow the f*ck up! Be liberated" etc. etc. My answer would be thanks but no thanks, I admit to myself that I fail to resist the temptation of lust sometimes but I still don't have the guts to treat it as a way of living.

[Hippocrypto]

Considering paypal has always been doing bad things for their customers and why people are looking a way out, there is no surprise that they stopped working with pornhub and I am 99% sure they will go bankrupt soon. Maybe in 5 years maybe in 10 years but paypal will be gone for sure, they can't sustain this horrible business model where they are doing something against all of their customers and still get away with it because they are the most common one we know.

Aren't there other payment methods? There are, which means the more people complain about them the more companies will start to offer other options and people will use those options eventually and paypal will be gone. The only good thing paypal is doing right now is ability to integrate on any website, when other payment solutions get to that level paypal will be gone.

Bolded part.

This is the main reason why they cant be easily be stepped out of the game.They've been mainly integrated by most sites marketplaces,freelancing sites, online services .
So its hard to think that they would be phased or crossed out anytime soon.

We cant predict the future but as long fiat do exist then im pretty sure that Paypal would still exist still for more longer years.We cant think off for another payment system
other than crypto which we know it isn't been fully adopted yet but who knows if we do come to that point.

Paypal became the most convenient payment choice of many people because of its global system which is accepted by a lot of online shopping sites, banks, and other businessmen such as pornhub. Pornhub is just one of the many. It is indeed convenient. We should not deny that. I have used Paypal during the days when my employer was based on another country. But with the coming of crypto, I think it is more convenient to use Bitcoin or altcoins instead. Paypal money transfer imposes higher fees. Using crypto is much cheaper now.

The only annoys me for using paypal is the fee since they take out huge percentage when we do a transaction and maybe pornhub see that that's why maybe they will find a good option so that they can save from transaction fee's together to their costumers in more convenient manner and crypto is a good option really for this since they can select on which is the best since there are crypto like xrp who offer less fee and fast.

We will see what's the effect of those changes in the future. While they're still on the way of implementing crypto to their system, I guess it needs enough time to make their customer adopt the adjustments. Xrp is quite good, but most probably eth is more popular these days.

[iv4n]

Pornhub accepts tron, I saw some announcements yesterday. I'm saying for years that in the end all services will use crypto, sooner or later. Gambling and porn industries are the first one that will fully embrace crypto, after them all others will come, which is happening slowly even today. Here you can check one of the Justin tweets https://twitter.com/justinsuntron/status/1195982881895510016
Well I never spend some money on porn sites, any kind of porn sites, but now I'm thinking to do that, just to support this action.

[oktana]

It would be better if Pornhub made their crypto. Seeing Pornhub is a popular adult site and very many visitors there. I am sure there will be a lot of support from investors if they make their crypto.

they focus on service, and if they make it then only acts as a system token.

This is not possible because they have been conditioned as a public business, and most companies cannot make it efficient for fiat users, or at least make them adapt. Disconnection with Paypal made them have to reactivate the initial plan because they had previously used it and failed. I suggest using Tron as an alternative.