Pornhub Adds Tether Stablecoin as New Crypto Payment Option

[plvbob0070]

Pornhub, an adult entertainment site is now supporting Tether (USDT) payment option as PayPal stopped servicing its model last 2019.

The Tron CEO Justin Sun said that it's a good way to support victims of centralized payment platforms like PayPal.

Source:https://cointelegraph.com/news/pornhub-adds-tether-stablecoin-as-new-crypto-payment-option

We're old enough to understand that this won't bring a negative image to cryptocurrency. In fact, this is actually a great news for us. Bigger companies like pornhub that is open for crypto payments in their business is a way for adoption that we're looking for. If this becomes successful just like how PayPal works before, then we can expect other companies will also try the crypto payment option. What do you think?

[Diamond_Darrell]

Pornhub, an adult entertainment site is now supporting Tether (USDT) payment option as PayPal stopped servicing its model last 2019.

The Tron CEO Justin Sun said that it's a good way to support victims of centralized payment platforms like PayPal.

Source:https://cointelegraph.com/news/pornhub-adds-tether-stablecoin-as-new-crypto-payment-option

We're old enough to understand that this won't bring a negative image to cryptocurrency. In fact, this is actually a great news for us. Bigger companies like pornhub that is open for crypto payments in their business is a way for adoption that we're looking for. If this becomes successful just like how PayPal works before, then we can expect other companies will also try the crypto payment option. What do you think?

I read this news in 2017 here on the forum (maybe I'm wrong, I will need to look at the message history) Then and now I had only one question - WHY?

[Bananington]

I read this news in 2017 here on the forum (maybe I'm wrong, I will need to look at the message history) Then and now I had only one question - WHY?

I think the one you read is an article about pornhub accepting XVG (VERGE) which caused a pump for XVG as at then. However, this is about pornhub accepting a stable coin (USDT on TRON blockchain). It's a good thing blockchain and crypto are cutting across several sectors even though we still face challenges in adoption.

[ReiMomo]

Another promotion to cryptocurrencies that probably bring a massive adaption.
That is a good decision by them probably they know how risk to used Paypal as a payment processor because Paypal can chargeback transactions which can be reversible. Unlike crypto, its totally safe in having transaction, when it says transaction confirmed, you will never get back the fund. This is the start that might also boost the price of crypto, well, I hope.

[desticy]

Finally, things got off the ground. This is a very good sign.
Even if they accept only Tether, this means that anyone can use any cryptocurrency to convert to a teaser and pay for services on the site.
This will greatly accelerate mass adaptation. After all, it is sex that rules the world (the Internet in particular)

[Latines]

At first, I thought that a pornhub created a cryptocurrency. But it turns out that they began to take them. This is correct, because most likely the clients of such a service have a crypto, because most of the young people have a crypto portfolio. I am glad that another project has accepted the inevitable. Accepted a future in which there are cryptocurrencies.

[Flux0z]

We need to get rid of centralization ALL together, which will happen eventually. Decentralized trading is the next step, and with Blocknet leading the development, I'm sure they'll do amazingly well (spiked 150% this past week).
Once you can make a living off of a service node, I'm sure more people will wake up and realize it's full potential.

There is so many wannabe decentralized projects out there though, so gotta do your own research..

[shodik007]

isn't this already running before, I see one of the payment platforms of adult sites and they also support payments using cryptocurrency like horizen, tron, and verge.

but true, any payments involving cryptocurrency are good because the way crypto will begin to be recognized and known, indirectly it will have a good impact on the cryptocurrency itself

[Chrystora123]

snip..

Pornhub is one of the most visited sites in the world and has many paid users. USDT is the most suitable cryptocurrency for transactions there because it is very stable..  hopefully, this can encourage mass use of cryptocurrencies in the future.

[desticy]

snip..

Pornhub is one of the most visited sites in the world and has many paid users. USDT is the most suitable cryptocurrency for transactions there because it is very stable..  hopefully, this can encourage mass use of cryptocurrencies in the future.

Of course it will. Considering that the paypal can no longer be used as a payment system, everyone will simply be forced to take advantage of other opportunities, but now there are not so many, and one of such opportunities is USDT. In any case, the models will not remain without payment, but now this payment will occur in cryptocurrency, which means more and more people will join it.

[enhu]

snip..

Pornhub is one of the most visited sites in the world and has many paid users. USDT is the most suitable cryptocurrency for transactions there because it is very stable..  hopefully, this can encourage mass use of cryptocurrencies in the future.

Of course it will. Considering that the paypal can no longer be used as a payment system, everyone will simply be forced to take advantage of other opportunities, but now there are not so many, and one of such opportunities is USDT. In any case, the models will not remain without payment, but now this payment will occur in cryptocurrency, which means more and more people will join it.

There is also the need for USDT to be liquid as well so that users and webmasters wouldn't have to go to the exchanges, this good for crypto for its the people online that will mostly use crypto for the wider adoption. Justin Sun should also be making partnerships with adnetworks to allow USDT payments because its going to make things easy, paypal is also making it difficult for webmasters to receive payments.

[kindbtc]

I think this industry is part of dark web and will not make much impact for real impact we need implementation from bigger corporations, companies and even retail stores that are found in every street and also coffee snack stores. When we achieve that level we can easily say that crypto has reached mass adoption.

[o48o]

Pornhub, an adult entertainment site is now supporting Tether (USDT) payment option as PayPal stopped servicing its model last 2019.

The Tron CEO Justin Sun said that it's a good way to support victims of centralized payment platforms like PayPal.

Source:https://cointelegraph.com/news/pornhub-adds-tether-stablecoin-as-new-crypto-payment-option

We're old enough to understand that this won't bring a negative image to cryptocurrency. In fact, this is actually a great news for us. Bigger companies like pornhub that is open for crypto payments in their business is a way for adoption that we're looking for. If this becomes successful just like how PayPal works before, then we can expect other companies will also try the crypto payment option. What do you think?

Cool! USDT makes way more sense then Verge to me. And i think that some porn actors love it because of the stability.
And  the best thing is when they cash it out they will learn about other cryptos as well because most cryptos are natively traded against it.
So it can even be an easy entry point to cryptos for some people who want to change it to eth or btc

[BlackFor3st]

Pornhub, an adult entertainment site is now supporting Tether (USDT) payment option as PayPal stopped servicing its model last 2019.

The Tron CEO Justin Sun said that it's a good way to support victims of centralized payment platforms like PayPal.

Source:https://cointelegraph.com/news/pornhub-adds-tether-stablecoin-as-new-crypto-payment-option

We're old enough to understand that this won't bring a negative image to cryptocurrency. In fact, this is actually a great news for us. Bigger companies like pornhub that is open for crypto payments in their business is a way for adoption that we're looking for. If this becomes successful just like how PayPal works before, then we can expect other companies will also try the crypto payment option. What do you think?

This move will surely favor the crypto community as Pornhub is one of the biggest company out there and their users will surely use crypto payments. Meaning the demand and the users of crypto will be widen because of this scenario.

And there is a big chance also that other big companies will follow the this move so we can consider it as a big advertisement for crypto to spread further to the big company owners out there.

[Reid]

I really don't know what to say about this.
Is it really good if it is USDT? Are we really on the step to accepting crypto currencies or is it just USD itself being digital?
Why not LTC, XRP or better bitcoin?
Yeah, it is a big corporation, no doubt about that. For me, it ain't really a step forward but something that is stopping the real crypto adoption.

I understand that they might be in doubt accepting other altcoins since there is no stability yet but USDT? A big no for me.
Bashers are welcome.

[wajik-tempe]

Pornhub, an adult entertainment site is now supporting Tether (USDT) payment option as PayPal stopped servicing its model last 2019.

The Tron CEO Justin Sun said that it's a good way to support victims of centralized payment platforms like PayPal.

Source:https://cointelegraph.com/news/pornhub-adds-tether-stablecoin-as-new-crypto-payment-option

We're old enough to understand that this won't bring a negative image to cryptocurrency. In fact, this is actually a great news for us. Bigger companies like pornhub that is open for crypto payments in their business is a way for adoption that we're looking for. If this becomes successful just like how PayPal works before, then we can expect other companies will also try the crypto payment option. What do you think?

I think it's a positive good news from crypto because pornhub is an official porn websites and i think it's legally from US and also the models are paid for doing vids on there so i think it's an official company and it won't make bad image to cryptocurrency

[hello_good_sir]

It's completely irrelevant news. I don't understand why anyone would be talking about this.

Their move initially to accept BTC was solely in response to the fact that Paypal has decided to not provide them with their services or them voluntarily abandoning paypal as a payment system (The former seems to be the case), so there is really no other choice for them in terms of online payments, other than credit/debit cards.

Whether or not Tether is being accepted is quite irrelevant to the fundamentals of the cryptospace.

[Aabcde]

In fact, this is one of the good news that more and more customers in Pornhub know USDT specifically and crypto in general.
Although its introduction through adult film media, the effect is definitely there on the adoption of crypto globally. We know that the porn industry is one of the best-selling in the world.

[Coin_trader]

snip..

hopefully, this can encourage mass use of cryptocurrencies in the future.

You made me laugh mate. I believe you meant "to encourage mass pervy to use cryptocurrency".

Most of the visitor to Pornhub is Teenager and below which most of them used only the free version and don't have an account. The most user that have a premium account there probably has some fetishes on some porno type. So to make it simple. Only a few users there is actually might encourage on crypto but it is still good compared to nothing.

Lastly for an additional fun fact: Justin Sun is very happy for another FUD news. Maybe adding TRON as payment in pornhub will be the next big announcement upcoming on his twitter account. 

[alan2here]

It's completely irrelevant news. I don't understand why anyone would be talking about this.

Their move initially to accept BTC was solely in response to the fact that Paypal has decided to not provide them with their services or them voluntarily abandoning paypal as a payment system (The former seems to be the case), so there is really no other choice for them in terms of online payments, other than credit/debit cards.

Whether or not Tether is being accepted is quite irrelevant to the fundamentals of the cryptospace.

I agree with you. Pornhub has the power to make decisions about their market and Tether is a new means of payment for everyone to buy premium accounts more easily. For me, this will not affect the next trend of the crypto market and certainly the value of other coins cannot rise in this way.

Anyway, the adoption of the stable coin by Pornhub in this market is very welcome and hopefully there will be many other floating companies that will adopt this means of payment around the world.