Bitcoin and Porn

[Kakmakr]

Actually, I'd prefer it if bitcoin was adopted by the porn industry, because it shouldn't be shameful to use it with anything. You can also pay your bills with bitcoin and if you can buy porn and drugs with fiat cash then why not bitcoin? If we want bitcoin to succeed as a currency then people should be able to buy absolutely anything they want with it... even illegal stuff and that's just up to the authorities to police. 

Oh, and fuck the ignorant perception of society. They'll change their mind over time, but then it'll be too late for them anyway.

As long as there is some taboo associated with watching porn, bitcoin is a natural fit for the porn industry. Credit card companies and banks sometimes have hesitation in dealing with porn companies. No such issues with bitcoin. I think the proportion of porn sites accepting bitcoin should be already high.

The majority of these people have no clue how to use Bitcoin to make it anonymous, so they should stick to the traditional payment methods and be done with it. The only positive side, as you have stated in your post, is for the porn industry. The credit card companies have no more control, on what they will support and what not.
If the porn site make use of payment processors, they could be in the same position. These companies can also block payments to these sites through their service.

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[Lorenzo]

Actually, I'd prefer it if Bitcoin and pornography remained separate for now. Bitcoin still has a reputation for being associated with shady and often illegal activities such as drugs, gambling, hackers, assassinations, money laundering, ISIS, etc. Do we really need to add pornography to the list?

Of course fiat can be used to purchase porn and drugs too but fiat can also be used to pay your electricity bills or groceries at the supermarket - i.e. legitimate stuff. BTC doesn't quite have the same level of support yet. Businesses that accept BTC are still quite rare and having pornography become such a large part of the fledgling Bitcoin industry at this stage is probably going to hurt society's perception of the currency and possibly negate whatever economic benefits it may provide.

Anyway, that's just my opinion.

I like your perception, but I think the purpose of why bitcoin can be used in pornography and gambling site is almost internet users like the sites. I mean, we can buy groceries or any stuff what we need openly in market, yeah real life market surely. But for gambling and pornography, people love it and will spend their money just to get some pleasures from there. The problem for them, they don't want their family or relations know about it, [...]

Their families and relations can still know about it if the wallet/addresses they use for those activities can still be linked to their known wallet/addresses.

True. Besides, the technology to link addresses is also improving rapidly and any improvements in the field can be applied retroactively. Even if someone used coins to pay for porn or drugs using a method that the best technology in 2015 can't trace, he/she could still get into trouble several years down the road.

Actually, I'd prefer it if Bitcoin and pornography remained separate for now. Bitcoin still has a reputation for being associated with shady and often illegal activities such as drugs, gambling, hackers, assassinations, money laundering, ISIS, etc. Do we really need to add pornography to the list?

Of course fiat can be used to purchase porn and drugs too but fiat can also be used to pay your electricity bills or groceries at the supermarket - i.e. legitimate stuff. BTC doesn't quite have the same level of support yet. Businesses that accept BTC are still quite rare and having pornography become such a large part of the fledgling Bitcoin industry at this stage is probably going to hurt society's perception of the currency and possibly negate whatever economic benefits it may provide.

Anyway, that's just my opinion.

I like your perception, but I think the purpose of why bitcoin can be used in pornography and gambling site is almost internet users like the sites. I mean, we can buy groceries or any stuff what we need openly in market, yeah real life market surely. But for gambling and pornography, people love it and will spend their money just to get some pleasures from there. The problem for them, they don't want their family or relations know about it, [...]

Their families and relations can still know about it if the wallet/addresses they use for those activities can still be linked to their known wallet/addresses.

It's not difficult to make a new address for each payment though. Most exchanges pay you from a different address than the one you use to send them Bitcoins. it's easy to send your Bitcoins from your exchange account to a new address each time you want to buy porn. The only downside is waiting an extra hour for your transaction to a fresh address to confirm.

Most exchanges keep records of transactions, IP addresses, email addresses, browser signatures, etc. I would prefer to use a service like Bitmixer.io if I wanted to mix coins properly (and even then, I still wouldn't feel completely safe because of the above).

Also, Coinbase has been shutting down accounts associated with gambling, so there's another danger there as well.

Actually, I'd prefer it if bitcoin was adopted by the porn industry, because it shouldn't be shameful to use it with anything. You can also pay your bills with bitcoin and if you can buy porn and drugs with fiat cash then why not bitcoin? If we want bitcoin to succeed as a currency then people should be able to buy absolutely anything they want with it... even illegal stuff and that's just up to the authorities to police. 

Oh, and fuck the ignorant perception of society. They'll change their mind over time, but then it'll be too late for them anyway.

I agree with the principle that people should be able to buy anything they want with Bitcoin.

My concern was that if Bitcoin were primarily used for underground purposes then it could sour public perception of the currency and possibly delay it from achieving mainstream adoption. Some people might think that this is a legitimate concern, while others might think that this isn't really a huge concern at all because Bitcoin's technical strengths will allow it to eventually prevail in the end.

[1986]

Actually, I'd prefer it if bitcoin was adopted by the porn industry, because it shouldn't be shameful to use it with anything. You can also pay your bills with bitcoin and if you can buy porn and drugs with fiat cash then why not bitcoin? If we want bitcoin to succeed as a currency then people should be able to buy absolutely anything they want with it... even illegal stuff and that's just up to the authorities to police. 

Oh, and fuck the ignorant perception of society. They'll change their mind over time, but then it'll be too late for them anyway.

As long as there is some taboo associated with watching porn, bitcoin is a natural fit for the porn industry. Credit card companies and banks sometimes have hesitation in dealing with porn companies. No such issues with bitcoin. I think the proportion of porn sites accepting bitcoin should be already high.

It's taboo to watch porn? Don't over half of people watch it? I often think the word taboo means 'shit everyone does but don't want anyone else to know about it because I'm embarrassed I like it and what other people will think even though they're secretly doing it too'.

Actually, I'd prefer it if bitcoin was adopted by the porn industry, because it shouldn't be shameful to use it with anything. You can also pay your bills with bitcoin and if you can buy porn and drugs with fiat cash then why not bitcoin? If we want bitcoin to succeed as a currency then people should be able to buy absolutely anything they want with it... even illegal stuff and that's just up to the authorities to police. 

Oh, and fuck the ignorant perception of society. They'll change their mind over time, but then it'll be too late for them anyway.

As long as there is some taboo associated with watching porn, bitcoin is a natural fit for the porn industry. Credit card companies and banks sometimes have hesitation in dealing with porn companies. No such issues with bitcoin. I think the proportion of porn sites accepting bitcoin should be already high.

The majority of these people have no clue how to use Bitcoin to make it anonymous, so they should stick to the traditional payment methods and be done with it. The only positive side, as you have stated in your post, is for the porn industry. The credit card companies have no more control, on what they will support and what not.
If the porn site make use of payment processors, they could be in the same position. These companies can also block payments to these sites through their service.

And for those that do care about anonymity or censorship then they can find a use in bitcoin. I think slowly over time more and more people will get annoyed at being spied on and everything we do online being tacked and recorded or even just grow tired of bank fees etc that people will look for alternatives and bitcoin will be one of them.

Actually, I'd prefer it if bitcoin was adopted by the porn industry, because it shouldn't be shameful to use it with anything. You can also pay your bills with bitcoin and if you can buy porn and drugs with fiat cash then why not bitcoin? If we want bitcoin to succeed as a currency then people should be able to buy absolutely anything they want with it... even illegal stuff and that's just up to the authorities to police. 

Oh, and fuck the ignorant perception of society. They'll change their mind over time, but then it'll be too late for them anyway.

I agree with the principle that people should be able to buy anything they want with Bitcoin.

My concern was that if Bitcoin were primarily used for underground purposes then it could sour public perception of the currency and possibly delay it from achieving mainstream adoption. Some people might think that this is a legitimate concern, while others might think that this isn't really a huge concern at all because Bitcoin's technical strengths will allow it to eventually prevail in the end.

Bitcoin was primarily used for underground purposes but it's moving away from that. The internet was arguably just used for underground activities at first and criminals took advantage of it as well like they do with any new technology, but any good idea will outgrow itself eventually when others realize it.

[scarsbergholden]

Bitcoin is perfect for porn shenanigans, i dont want to give my real name and bank address to porn producers lol.

I think the porn industry is missing out big time by not accepting bitcoin. Most people don't want to give their personal details to such companies nor do they want their wives to see what they've been buying on their credit card. Plus, they can save a lot of money avoiding credit card fees.

Bitcoin isn't truly anonymous but rather pseudonymous

It's anonymous because the porn sites won't know who the hell you are if you don't want to tell them.

Since the average adult site customer knows very little about Botcoin never mind buying Bitcoin, Bitcoin payment unfortunately is simply not a feasible alternative payment processing method for the porn sites. That's the reason only 10% of porn.com volume is in Bitcoin. Using Bitcoin is just too bloody difficult for the average porn customer.

Another problems is the complexity with keeping the payments anonymous. Bitcoin is all right anonymous if the payee use different addresses or mixing services, but it seems from the slow adoption of Bitcoin that it is unreasonable to expect the customer go through such pain and complex process just to spend money. Instead of the customers just use the well known and tested non anonymous payment method or use some anonymous payments like some of the voucher scheme.  

We need to make Bitcoin easier to use otherwise average customers simply won't touch it.

Well you got a few points there, the bitcoin maker has tons of business opportunities there just hasn't been a company that could offer the average joe an thoughtless difficulty level in bitcoin experience, looking at bitcoin from a none tech person point of view i know people would find it way to complicated just for what bitcoin represent to us and those around it.

maybe a payment processor for adult sites would be a good idea, offering the porn customers a more efficient and anonymous way to pay for their porn.

[scarsbergholden]

Absolutely, we need something with a smooth and easy user experience because technically less knowledgeable customers simply don't bother with Bitcoin. Even buying Bitcoin is an impossible mission for an average porn customer never mind securing the wallet or understanding public and private keys.
A Bitcoin payment processor could be a solution as you said, but in this case the customer would have to trust a noname company with his money instead of using a bank. It's not realistic again, why a customer new to Bitcoin would trust a startup payment processor instead of Citibank?
The so good attributes of Bitcoin which makes it decentralized and secure in the same time prevent it from a wider adoption.
The porn industry need a quick and easy to use payment solution and unfortunately it seems Bitcoin is not that.

Yea most likely it need to have a trust partnership build to it that most of this users know, now they did innovate the online payment processors back in the 90s but now it seems like their are stuck there. then again there is always all the tax issues behind companies like that and how revenue comes in they might be scare of bitcoin.

[mtomcdev]

It seems the porn industry is warming up to Bitcoin. GadgetCoin actually started to work with the porn industry  http://bit.ly/1LDeFdL

Using Bitcoin, the blockchain and smart contracts GadgetCoin offers 95% cash out for the web-cam models  http://bit.ly/1GUAH7v

[scarsbergholden]

It seems the porn industry is warming up to Bitcoin. GadgetCoin actually started to work with the porn industry  http://bit.ly/1LDeFdL

Using Bitcoin, the blockchain and smart contracts GadgetCoin offers 95% cash out for the web-cam models  http://bit.ly/1GUAH7v

i don't think any altcoin would be able to provide any liquidity to a web cam business or a business model is they are not backup by btc revenue in order to keep the price stable.

[gweedo]

It seems the porn industry is warming up to Bitcoin. GadgetCoin actually started to work with the porn industry  http://bit.ly/1LDeFdL

Using Bitcoin, the blockchain and smart contracts GadgetCoin offers 95% cash out for the web-cam models  http://bit.ly/1GUAH7v

i don't think any altcoin would be able to provide any liquidity to a web cam business or a business model is they are not backup by btc revenue in order to keep the price stable.

That plus, models have a hard time with understanding bitcoins, let alone some coin that they have never heard of.

The main costs behind video streaming are the server, internet traffic and RTMP server licensing. GadgetNet disrupted this business model by decentralizing the streaming. Normally an RTMP server streams the video to the viewers, but in GadgetNet’s instance the broadcasters push the stream directly to their peers.

Very much wrong, the main cost for a webcam site, is marketing. Remember no one shows up, they don't get paid. Operating cost scale with that. Also decentralized streaming is very poor quality. People want HD, not SD at best and bad bitrates. Even p2p video is not up to the quality people want.

[bryant.coleman]

Bitcoin was primarily used for underground purposes but it's moving away from that. The internet was arguably just used for underground activities at first and criminals took advantage of it as well like they do with any new technology, but any good idea will outgrow itself eventually when others realize it.

Bitcoin was never intended primarily for underground purposes, like drug trade. It was created to counter the abuse of power by the government. And your perception about the internet is wrong. Internet was not designed by underworld criminals. The idea was originally developed by the United States Department of Defense.  

[pooya87]

Bitcoin was primarily used for underground purposes but it's moving away from that. The internet was arguably just used for underground activities at first and criminals took advantage of it as well like they do with any new technology, but any good idea will outgrow itself eventually when others realize it.

the fact that bitcoin is and was used for underground and illegal purposes is something inevitable, but to say that its primary purpose is for criminal acts is completely off the mark.
everything is being abuse but to say the that thing is only for abusing purposes is short sighted.

[altcoinhosting]

the fact that bitcoin is and was used for underground and illegal purposes is something inevitable, but to say that its primary purpose is for criminal acts is completely off the mark.
everything is being abuse but to say the that thing is only for abusing purposes is short sighted.

I think almost everybody on this forum will agree with you (myself included). Unfortunately, that's not how many media channels are portaiting BTC, and they're the ones the mainstream person will listen to....

[Amph]

the fact that bitcoin is and was used for underground and illegal purposes is something inevitable, but to say that its primary purpose is for criminal acts is completely off the mark.
everything is being abuse but to say the that thing is only for abusing purposes is short sighted.

I think almost everybody on this forum will agree with you (myself included). Unfortunately, that's not how many media channels are portaiting BTC, and they're the ones the mainstream person will listen to....

we are getting out from that already, perhaps still slowly, but we are on the right track, bitcoin is not massively represented for criminal as it was before

only its competitors, are doing the best to take out his worst side(criminal activity), but this is only fud

[altcoinhosting]

we are getting out from that already, perhaps still slowly, but we are on the right track, bitcoin is not massively represented for criminal as it was before

only its competitors, are doing the best to take out his worst side(criminal activity), but this is only fud

It's FUD, but it works.... If i talk to any of my friends, they all bought into the FUD, and truely believe BTC is only used to buy guns or drugs... Ofcourse i can show them the positive side, but not everybody has a friend that believes in BTC

[mtomcdev]

It seems the porn industry is warming up to Bitcoin. GadgetCoin actually started to work with the porn industry  http://bit.ly/1LDeFdL

Using Bitcoin, the blockchain and smart contracts GadgetCoin offers 95% cash out for the web-cam models  http://bit.ly/1GUAH7v

i don't think any altcoin would be able to provide any liquidity to a web cam business or a business model is they are not backup by btc revenue in order to keep the price stable.

The whole idea is around Bitcoin, GadgetCoin built and the www.jizzmo.net brand is integrated around Bitcoin. The customers buy tokens in Bitcoin and our web-cam models and studios cash out in Bitcoin if they choose to do so. GadgetCoin is just a token to manage settlements, transactions and balances internally.

Since the models get a quicker and higher cash out, the models will push their clients to get tokens in Bitcoin instead of in FIAT. We hope this will bring many new users to Bitcoin. Some of the top web-cam models have 100k Twitter followers and the models can get many new users into Bitcoin. There is an incentive for the models to push their clients to use Bitcoin - they can get cash out 95% on jizzmo.net vs the 40-50% start rate of other sites.

You are absolutely right that the Volatility is an issue. That was the biggest issue when we started to work with jizzmo.net. Our solution is that the Gadget tokens pegged to 1 US$. Again, this is an internal token so the pegging is just an internal process.

[mtomcdev]

It seems the porn industry is warming up to Bitcoin. GadgetCoin actually started to work with the porn industry  http://bit.ly/1LDeFdL

Using Bitcoin, the blockchain and smart contracts GadgetCoin offers 95% cash out for the web-cam models  http://bit.ly/1GUAH7v

i don't think any altcoin would be able to provide any liquidity to a web cam business or a business model is they are not backup by btc revenue in order to keep the price stable.

That plus, models have a hard time with understanding bitcoins, let alone some coin that they have never heard of.

The main costs behind video streaming are the server, internet traffic and RTMP server licensing. GadgetNet disrupted this business model by decentralizing the streaming. Normally an RTMP server streams the video to the viewers, but in GadgetNet’s instance the broadcasters push the stream directly to their peers.

Very much wrong, the main cost for a webcam site, is marketing. Remember no one shows up, they don't get paid. Operating cost scale with that. Also decentralized streaming is very poor quality. People want HD, not SD at best and bad bitrates. Even p2p video is not up to the quality people want.

I am not sure why do you think decentralized streaming produces a poor quality. What can be poor in pushing data via UDP peer to peer instead of channelling the data through a centralized RTMP server? The 3600 kbps or even 8000 kbps HD stream primarily depends on bandwidth and not architecture. If the model or studio internet connection supports the HD upload speed which normally does, then the end user receives the HD quality video - the broadcasting peers forwards the very same stream after all. In fact, it is easier to achieve a good quality video push directly from the broadcaster to the end user without an intermediary RTMP server.  

Regarding to the operational cost, what I have been hearing from the porn industry is that the marketing cost is large at the beginning, so yes, you are quite right about that, but later the main cost is the server infrastructure and broadcasting. Livejasmin has 30 million daily visitors, a live MyFreecam session often broadcasts to 2000 users and such massive user base requires a very serious infrastructure. That's the very reason LiveJasmin pays out only 40% to new models who don't generate paid traffic. As you said, only the paid live session brings revenue, the rest is only cost at least it is the case in the Livejasmin model.

To minimize the marketing cost our plan is that the models will bring their existing customers to a GadgetNet where the pay out is 95% vs 40-50-60%.

[AddictedToPorn]

It seems the porn industry is warming up to Bitcoin. GadgetCoin actually started to work with the porn industry  http://[Suspicious link removed]/1LDeFdL

Using Bitcoin, the blockchain and smart contracts GadgetCoin offers 95% cash out for the web-cam models  http://[Suspicious link removed]/1GUAH7v

i don't think any altcoin would be able to provide any liquidity to a web cam business or a business model is they are not backup by btc revenue in order to keep the price stable.

That plus, models have a hard time with understanding bitcoins, let alone some coin that they have never heard of.

The main costs behind video streaming are the server, internet traffic and RTMP server licensing. GadgetNet disrupted this business model by decentralizing the streaming. Normally an RTMP server streams the video to the viewers, but in GadgetNet’s instance the broadcasters push the stream directly to their peers.

Very much wrong, the main cost for a webcam site, is marketing. Remember no one shows up, they don't get paid. Operating cost scale with that. Also decentralized streaming is very poor quality. People want HD, not SD at best and bad bitrates. Even p2p video is not up to the quality people want.

I am not sure why do you think decentralized streaming produces a poor quality. What can be poor in pushing data via UDP peer to peer instead of channelling the data through a centralized RTMP server? The 3600 kbps or even 8000 kbps HD stream primarily depends on bandwidth and not architecture. If the model or studio internet connection supports the HD upload speed which normally does, then the end user receives the HD quality video - the broadcasting peers forwards the very same stream after all. In fact, it is easier to achieve a good quality video push directly from the broadcaster to the end user without an intermediary RTMP server.  

Regarding to the operational cost, what I have been hearing from the porn industry is that the marketing cost is large at the beginning, so yes, you are quite right about that, but later the main cost is the server infrastructure and broadcasting. Livejasmin has 30 million daily visitors, a live MyFreecam session often broadcasts to 2000 users and such massive user base requires a very serious infrastructure. That's the very reason LiveJasmin pays out only 40% to new models who don't generate paid traffic. As you said, only the paid live session brings revenue, the rest is only cost at least it is the case in the Livejasmin model.

To minimize the marketing cost our plan is that the models will bring their existing customers to a GadgetNet where the pay out is 95% vs 40-50-60%.

Wow man, that would work  the models will bring their customers to your jizzmo.net service if the pay out is 95%.

[Amph]

we are getting out from that already, perhaps still slowly, but we are on the right track, bitcoin is not massively represented for criminal as it was before

only its competitors, are doing the best to take out his worst side(criminal activity), but this is only fud

It's FUD, but it works.... If i talk to any of my friends, they all bought into the FUD, and truely believe BTC is only used to buy guns or drugs... Ofcourse i can show them the positive side, but not everybody has a friend that believes in BTC

well i can show them the same for fiat, so it does not make sense that they believe bitcoin is only for drug only, unless they are really stupid or something, everyone should've an open mind at least partially

otherwise they are just like those that think that also porn is a bad thing, and consider tabu anything that not looks benevolent

[bryant.coleman]

well i can show them the same for fiat, so it does not make sense that they believe bitcoin is only for drug only, unless they are really stupid or something, everyone should've an open mind at least partially

When the mainstream media is portraying Bitcoin as something demonic, which is associated with child porn and illegal drugs, it will be very hard to change the normal people's opinion. Even if you argue in favor of Bitcoin, some of the people are going to think that you are either a pedophile, or a member of some drug cartel.

There is only one option to counter this --- social media.

[gweedo]

It seems the porn industry is warming up to Bitcoin. GadgetCoin actually started to work with the porn industry  http://bit.ly/1LDeFdL

Using Bitcoin, the blockchain and smart contracts GadgetCoin offers 95% cash out for the web-cam models  http://bit.ly/1GUAH7v

i don't think any altcoin would be able to provide any liquidity to a web cam business or a business model is they are not backup by btc revenue in order to keep the price stable.

That plus, models have a hard time with understanding bitcoins, let alone some coin that they have never heard of.

The main costs behind video streaming are the server, internet traffic and RTMP server licensing. GadgetNet disrupted this business model by decentralizing the streaming. Normally an RTMP server streams the video to the viewers, but in GadgetNet’s instance the broadcasters push the stream directly to their peers.

Very much wrong, the main cost for a webcam site, is marketing. Remember no one shows up, they don't get paid. Operating cost scale with that. Also decentralized streaming is very poor quality. People want HD, not SD at best and bad bitrates. Even p2p video is not up to the quality people want.

I am not sure why do you think decentralized streaming produces a poor quality. What can be poor in pushing data via UDP peer to peer instead of channelling the data through a centralized RTMP server? The 3600 kbps or even 8000 kbps HD stream primarily depends on bandwidth and not architecture. If the model or studio internet connection supports the HD upload speed which normally does, then the end user receives the HD quality video - the broadcasting peers forwards the very same stream after all. In fact, it is easier to achieve a good quality video push directly from the broadcaster to the end user without an intermediary RTMP server. 

Regarding to the operational cost, what I have been hearing from the porn industry is that the marketing cost is large at the beginning, so yes, you are quite right about that, but later the main cost is the server infrastructure and broadcasting. Livejasmin has 30 million daily visitors, a live MyFreecam session often broadcasts to 2000 users and such massive user base requires a very serious infrastructure. That's the very reason LiveJasmin pays out only 40% to new models who don't generate paid traffic. As you said, only the paid live session brings revenue, the rest is only cost at least it is the case in the Livejasmin model.

To minimize the marketing cost our plan is that the models will bring their existing customers to a GadgetNet where the pay out is 95% vs 40-50-60%.

UHMMM no it doesn't work that way but I applaud you for trying. Do you have benchmarks to support those claims?

LOL that isn't how it works models like to be exposed to new people and bring an audience is easier said then done.

I am on my phone so I can't be detailed.

[tonycamp]

well people thares free site of 5 mins porn for me in the all month i dont pay much atteition as a bussiness but ok some poeple do pay for porn i dont or even sex you know