Adult companies and bitcoin?

[so98nn]

This is good chance for the adult sites to reclaim their VIP customers because visa and MasterCard will block the cards and adult sites will also block the access if not paid on time. If the users know bitcoin then surely they will have option to pay with it but I don’t think many of them are willing to go with that option.

It’s like some of the users would love to hide their identity by paying with the bitcoin and not showing up the porn site name in their credit card bill statement. Lolz

It’s funny and valuable both at the same time.

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Another thing worth mentioning is recurring payments. Many of these porn sites make money off recurring payments. Many people sign up with credit cards and then let it auto renew. None of the porn sites I've seen have a great way of renewing a membership with BTC. It's clunly.

Unfortunately It's hard for companies to understand that by offering Bitcoin they are getting NEW customers that they wouldn't have received before, not losing customers to a lower LTV payment method.

[pinggoki]

We've already expected that many companies and industries will begun the adaptation of the bitcoin, one the major reason is that the market is in the current state of bull run in which it looks forward by the companies to adapt and yet to make payments through this. Good to hear that a porn industry is trying to adapt the bitcoin and making it as a payment method to them and because of this it may boost the adaptation of bitcoin to the world.

[marcbitcoins]

Cryptocurrency systems have a lot to offer to the adult industry. Since credit card companies and banks consider porn a high-risk sector, rife with disputed transactions, adult sites pay considerably more in fees and workaround costs to process payments than most industries, and for us, this is also the right measure on how to increase crypto adoption and give people opportunity to discover all benefits by using it without risking their hard earned money that is why I was in favor of this development.

[FlightyPouch]

We've already expected that many companies and industries will begun the adaptation of the bitcoin, one the major reason is that the market is in the current state of bull run in which it looks forward by the companies to adapt and yet to make payments through this. Good to hear that a porn industry is trying to adapt the bitcoin and making it as a payment method to them and because of this it may boost the adaptation of bitcoin to the world.

Well, porn can be quickly related to crypto currency as most of the people that wanted to buy premium on these sites are ashamed to connect or relate their bank accounts to these sites. Some banks are even locking accounts connected to these sites which is annoying to some.

[bryant.coleman]

Another thing worth mentioning is recurring payments. Many of these porn sites make money off recurring payments. Many people sign up with credit cards and then let it auto renew. None of the porn sites I've seen have a great way of renewing a membership with BTC. It's clunly.

Unfortunately It's hard for companies to understand that by offering Bitcoin they are getting NEW customers that they wouldn't have received before, not losing customers to a lower LTV payment method.

Auto-renewals are not possible if the payment is being done directly with Bitcoin. But it may be possible if BitPay or some other payment processor is being used. So it will be quite similar to accepting the payments with credit card. But I am not a big fan of BitPay, BTW. Previously they had refused to work with Colorado Marijuana shops, saying that they don't want to get associated with semi-legal business.

[Efarilino]

Well, I can say that the pornhub is doing much more to introduce bitcoin as a means of payment than some of the hodlers here

[Nikole Fischer]

Regarding the recent update of pornhub. That demands users not to re-upload porn and left some users and investors checking which side of the adult sites will be profitable. VISA and Mastercard stopped their contract with porn hub for reasons I don't know much about. But recently Pornhub integrated bitcoin as their payment method. https://ibb.co/fNCL98R and I ask it could be sooner or later until other porn sites or companies take steps like pornhub did. What do you think will happen to cryptocurrency? this can bring a bull run into the market?

I think that soon not only porn sites will make it possible to pay with cryptocurrency. Soon, payment with cryptocurrency will be the most convenient. It'll be possible to pay with crypto even in a store. Bitcoin is becoming more popular every day, more and more people are investing in it. In the future, bitcoin technology will be quite developed

[Findingnemo]

It backfired for the porn hub and this integration didn't helped the bitcoin with the recent surge.

Adult websites accepting bitcoin for very long period of time but now they were forced to accept bitcoin as their main subscription payment method since Visa and Mastercard stopped their service with them.

[Fredomago]

We've already expected that many companies and industries will begun the adaptation of the bitcoin, one the major reason is that the market is in the current state of bull run in which it looks forward by the companies to adapt and yet to make payments through this. Good to hear that a porn industry is trying to adapt the bitcoin and making it as a payment method to them and because of this it may boost the adaptation of bitcoin to the world.

Well, porn can be quickly related to crypto currency as most of the people that wanted to buy premium on these sites are ashamed to connect or relate their bank accounts to these sites. Some banks are even locking accounts connected to these sites which is annoying to some.

Some do like to be discreet while enjoying watching those porn movies.
Adding crypto is another good move as there are people who are now using this system,
people who invested and now gaining to this venue of investment.

They are now capable of using this payment system to enjoy porn sites who starting to adopt and embrace bitcoin. Gonna love seeing more and more businesses to take part of this market and enjoy the benefits.

[mezzaluna]

Regarding the recent update of pornhub. That demands users not to re-upload porn and left some users and investors checking which side of the adult sites will be profitable. VISA and Mastercard stopped their contract with porn hub for reasons I don't know much about. But recently Pornhub integrated bitcoin as their payment method. https://ibb.co/fNCL98R and I ask it could be sooner or later until other porn sites or companies take steps like pornhub did. What do you think will happen to cryptocurrency? this can bring a bull run into the market?

Adult companies can really profit and promote Bitcoin at the same time. If they learn about Cryptocurrencies being earned by utilizing their time properly, then it will surely be a hit because they can use it to pay for some adult entertainment. I also think that OnlyFans should do this because most of their users are already knowledgeable and interacts a lot with technology but the chance of affecting the bull run will not be notable because its just another change that we can all benefit from.

[Efarilino]

It backfired for the porn hub and this integration didn't helped the bitcoin with the recent surge.

Adult websites accepting bitcoin for very long period of time but now they were forced to accept bitcoin as their main subscription payment method since Visa and Mastercard stopped their service with them.

It may not have helped for the surge, but it sure helps to spread it to users

[Findingnemo]

It backfired for the porn hub and this integration didn't helped the bitcoin with the recent surge.

Adult websites accepting bitcoin for very long period of time but now they were forced to accept bitcoin as their main subscription payment method since Visa and Mastercard stopped their service with them.

It may not have helped for the surge, but it sure helps to spread it to users

Not really, because I was searching for an article which I read weeks back where it stated that Pornhub is struggling to find the content creators due to their verification system. But it may helped to spread the word to huge traffic who are visiting pornhub too often but is it really helped them to adopt for the system?

If I can find the article I will post it here.

[pixie85]

It backfired for the porn hub and this integration didn't helped the bitcoin with the recent surge.

Adult websites accepting bitcoin for very long period of time but now they were forced to accept bitcoin as their main subscription payment method since Visa and Mastercard stopped their service with them.

It doesn't help adoption.

Porn sites don't and won't really have a big impact on payments because with the amount of free porn in the Internet not many people decide to pay for it. Nowadays you even have live webcams for free and can tip a few dollars to get the content that you desire.

It's great that more companies accept bitcoin but how many bitcoiners will actually spend their money to buy porn? Would you?

[abel1337]

I think adding bitcoin as a payment method for porn sites doesn't really make bitcoin go into a bull run but It is for sure a positive thing about bitcoin that companies are adopting bitcoin in their platforms.

Actually, there are some tokens that are created for the sole purpose of bringing them into the porn industry and I know most of them failed but here we are, The biggest adult site adopted bitcoin.

[Efarilino]

It backfired for the porn hub and this integration didn't helped the bitcoin with the recent surge.

Adult websites accepting bitcoin for very long period of time but now they were forced to accept bitcoin as their main subscription payment method since Visa and Mastercard stopped their service with them.

It may not have helped for the surge, but it sure helps to spread it to users

Not really, because I was searching for an article which I read weeks back where it stated that Pornhub is struggling to find the content creators due to their verification system. But it may helped to spread the word to huge traffic who are visiting pornhub too often but is it really helped them to adopt for the system?

If I can find the article I will post it here.

I think so.
Great! Looking forward to the article

[RondoAnyar]

Regarding the recent update of pornhub. That demands users not to re-upload porn and left some users and investors checking which side of the adult sites will be profitable. VISA and Mastercard stopped their contract with porn hub for reasons I don't know much about. But recently Pornhub integrated bitcoin as their payment method. https://ibb.co/fNCL98R and I ask it could be sooner or later until other porn sites or companies take steps like pornhub did. What do you think will happen to cryptocurrency? this can bring a bull run into the market?

definitely raises the pros and cons of cryptocturrency as an option on adult sites. because with them approving bitcoin, there will be lots of people of all ages who can access only by paying with bitcoin. because we know that bitcoin is very easy to get. So it looks like this should be reexamined for pornhub adult sites in overcoming age restrictions

[Kakmakr]

You know it is not the first time Bitcoin has been used as an alternative payment option, when centralized payment options blocked their payment options. Can you still remember when Credit card companies and PayPal stopped payments done to "Backpage"? Yes.. Bitcoin stepped in and they saved the day. 

Pornhub will not be the trigger for the jump in the price .....but it will be a source for some of the movement that will happen in the coming months. 

[Twentyonepaylots]

You know it is not the first time Bitcoin has been used as an alternative payment option, when centralized payment options blocked their payment options. Can you still remember when Credit card companies and PayPal stopped payments done to "Backpage"? Yes.. Bitcoin stepped in and they saved the day. 

It's clear that Porn sites wouldn't do much if anything to alter bitcoin's price. For one, the concept of porn is still taboo to many countries and culture, so it wouldn't be that much appreciated in those regions. Number two, only a small percentage of pornography watchers ever pay for a subscription service, most of this coming from OnlyFans which doesn't offer cryptocurrency payments as of the moment. Where pornsites like PornHub and brazzers only see 5-10% of their average viewers subscribing to their site.

Pornhub will not be the trigger for the jump in the price .....but it will be a source for some of the movement that will happen in the coming months. 

Though of course, the more companies adopt crypto, the better and faster global adoption will happen.

[xcaret]

Where  I live  Craigslist has banned escorts from  advertising , not to  worry another one popped  up called leolist.  the ladies and men advertising ion it have to pay in bit coin.

I guess because that puts them out of the reach of some stupid law accusing such sites of making money through prostitution or whatever . Even though prostitution here in Canada is legal . The government loop hole is that men requesting sexual services for money ( maybe bit coin too ) is called soliciting and you loose your car for a month I think ,and pay a fine .

But I guess my point is that since sex is the worlds best seller , the more of these porn/ sex sites , that spring up, the more people will become familiar with bit coin .
 Three cheers for the sellers of sex related sites .
We got your back.