Why all strip clubs worldwide will soon be accepting Bitcoin.

[Phinnaeus Gage]

http://www.usatoday.com/story/news/nation/2014/04/26/doctor-strip-club-visit/8187787/

Younan, 41, a bachelor, is alleged to have visited Scores four times over a 10-day period in November, providing an American Express corporate card in advance, as is the club's requirement, said Stephen Hyman, a Scores spokesman. He then enjoyed the club's a la carte menu, ordering alcohol, private rooms and private dancers, Hyman said.

According to the lawsuit described in the New York papers, Younan contests the charges, alleging he was drugged or otherwise impaired and therefore could not authorize the charges for Nov. 17, 23, 26 and 28, according to court papers.

Shaddy K. Younan, M.D.

[Sindelar1938]

Similar logic to the porn industry

[OROBTC]

...

Widespread, reasonably mainstream adoption has to start somewhere.  The shady world of strip joints looks like as good a place as any for Bitcoin.  



And no chargebacks either.

[bryant.coleman]

I don't know whether Bitpay or Coinbase will accept requests from strip clubs. In Colorado, they have already decided against cooperating with the stores which are selling legalized recreational Marijuana.

[S4VV4S]

I don't know whether Bitpay or Coinbase will accept requests from strip clubs. In Colorado, they have already decided against cooperating with the stores which are selling legalized recreational Marijuana.

Yes but in Colorado there is a Marijuana vending machine which accepts Bitcoins.....

[counter]

Well I wouldn't rule it out but not sure if that is gonna happen as soon as you suspect Phinnaeus Gage.  I guess we'll just have to wait and see but I think there is potential for this down the line for sure.

[Lauda]

I don't know whether Bitpay or Coinbase will accept requests from strip clubs. In Colorado, they have already decided against cooperating with the stores which are selling legalized recreational Marijuana.

People shouldn't mind when you have those vending machines. I do however think that they should accept requests from strip clubs. There is nothing wrong with that, is there?

[grifferz]

I do however think that they should accept requests from strip clubs. There is nothing wrong with that, is there?

It's the chargebacks.

Processing payments for the adult entertainment industry is a specialised sector when we're talking mainstream payment methods, because of the extreme amount of chargebacks involved.

That is, if you run a porn site or strip club you can't just integrate PayPal or Stripe or Worldpay or whatever. They won't touch you. You need to go to specialist payment providers. Similar (but not as bad) for other sectors like gambling.

So I am not surprised that Bitpay takes that stance.

In any case there is so much money in adult entertainment that I don't see why they would find it difficult to hire a consultant to set their payment system up to directly use Bitcoin and cash out to fiat by itself if necessary.

[Doretteign]

 I don't know will all strip clubs worldwide soon be accepting bitcoin or not, but it seems to be not a bad idea

[gagalady]

Well, bitcoin is independent right? But now i see that means alot of illegal stuff can be done manipulating with bitcoins, i hope It'll need some kind of laws for bitcoin..

[kwukduck]

I doubt this will happen, bitcoin has been around for a while now and interest just seems to be very low.

[bbit]

Yes finally!!! 

[Bitcoinpro]

That wasn't the picture I was expecting to see 

[lnternet]

It has already begun http://www.bunniesoflasvegas.com/articles/view/bitcoin

[Phinnaeus Gage]

It has already begun http://www.bunniesoflasvegas.com/articles/view/bitcoin

WOW! I can't believe the amount of bitcoins spent there to date: https://blockchain.info/address/1EmQkQjQAYuQnHqCyFKnbzGb7cBUoef7HH

[bryant.coleman]

People shouldn't mind when you have those vending machines. I do however think that they should accept requests from strip clubs. There is nothing wrong with that, is there?

Vending machines are OK.... but a full scale adoption might have been better.

Talking about strip clubs, yes they are legal. But they sort of operate within the grey sector as far as the legality is concerned.

[Meuh6879]

That wasn't the picture I was expecting to see 

clearly not ...

[thresher]

How will I rub my hands between a strippers tits when they walk around for a tip?
How will I give the 100 strippers that bother you all night go away money every other minute?

It would be fun though to gamble on a site w/btc, and then if you win you buy a "special dance", if you lose you get the regular kind

I do however think that they should accept requests from strip clubs. There is nothing wrong with that, is there?

It's the chargebacks.

Processing payments for the adult entertainment industry is a specialised sector when we're talking mainstream payment methods, because of the extreme amount of chargebacks involved.

That is, if you run a porn site or strip club you can't just integrate PayPal or Stripe or Worldpay or whatever. They won't touch you. You need to go to specialist payment providers. Similar (but not as bad) for other sectors like gambling.

So I am not surprised that Bitpay takes that stance.

In any case there is so much money in adult entertainment that I don't see why they would find it difficult to hire a consultant to set their payment system up to directly use Bitcoin and cash out to fiat by itself if necessary.

Bitcoin would help strip clubs with chargebacks. One can call their credit card company and say they didn't make the charges, they can't call their bitcoin wallet and demand their bitcoins be refunded.

[sana8410]

ha ha I get why strip clubs will accept bitcoins so that wives cant find out there husbands were at a strip club.

[BombaUcigasa]

I don't know whether Bitpay or Coinbase will accept requests from strip clubs. In Colorado, they have already decided against cooperating with the stores which are selling legalized recreational Marijuana.

You don't need Bitpay or Coinbase to conduct business in Bitcoin. Someone invented a private self-owned decentralized self-regulated banking solution, and what do people do?