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I have been wondering why crypto isn't everywhere in the adult business already. Seems a perfect match to me.

rubber_duck 9y ago
Have you tried actually acquiring Bitcoin ? It's nowhere near the credit/debit card experience. I've done it and unless I was buying something illegal I just wouldn't bother. Not to mention insane transaction fees.
- quickthrower2 9y ago
  Buying porn and not wanting it to appear on credit card statement seems a rational reason. Transaction fees are high but there are other cryptos. If the chargebacks are priced in to costs the sites could give a crypto discount to compensate.
  - tzs 9y ago
    A simple and easy way to buy things online, including porn, without it showing up on any statement is to use a prepaid debit card that you bought anonymously with cash. You can buy these at many US supermarkets.
- AznHisoka 9y ago
  can you describe how/why it is so hard?
emag 9y ago
Honestly, a lot of tech has been initially pushed by the adult industry. VHS and (arguably) DVDs to name just a few. Not making any value or judgement calls, but they seem to be trailblazers for further mass market.
vertex-four 9y ago
Because people who buy porn and people who own bitcoins are not two sets that heavily overlap.
- m_mueller 9y ago
  It doesn't have to be bitcoin (I'm rather thinking ETH due to fast and cheap transactions) and it doesn't have to people who care about owning it. Using it as an intermediate coin IMO makes sense because you can separate it completely and easily from your identity and you solve the problem of shady adult payment providers.
  - vertex-four 9y ago
    The high rate of chargeback is to a large degree to do with customers, not the providers, as far as I'm aware. "That wasn't me, honest guv, I'll do a chargeback". Either way, your customers have to get the currency somehow, and barely any of them will be bothered to. I suspect a lot of porn purchases are "heat of the moment", so to speak.
Broken_Hippo 9y ago
Because it makes things more difficult for those accepting the money. Their bills likely don't take bitcoin, after all. And once you get into private video chat and prostitution, tech workers and designers - where a portion to all of the money is going to the one hired - it gets pretty useless. I'd not accept a job that only pays wages in bitcoin and in fact, it might violate minimum wage laws some places because you aren't paying in "real, government approved" money.

Have you tried actually acquiring Bitcoin ? It's nowhere near the credit/debit card experience. I've done it and unless I was buying something illegal I just wouldn't bother. Not to mention insane transaction fees.

quickthrower2 9y ago
Buying porn and not wanting it to appear on credit card statement seems a rational reason. Transaction fees are high but there are other cryptos. If the chargebacks are priced in to costs the sites could give a crypto discount to compensate.
- tzs 9y ago
  A simple and easy way to buy things online, including porn, without it showing up on any statement is to use a prepaid debit card that you bought anonymously with cash. You can buy these at many US supermarkets.
AznHisoka 9y ago
can you describe how/why it is so hard?

emag 9y ago

Honestly, a lot of tech has been initially pushed by the adult industry. VHS and (arguably) DVDs to name just a few. Not making any value or judgement calls, but they seem to be trailblazers for further mass market.

vertex-four 9y ago

Because people who buy porn and people who own bitcoins are not two sets that heavily overlap.

m_mueller 9y ago
It doesn't have to be bitcoin (I'm rather thinking ETH due to fast and cheap transactions) and it doesn't have to people who care about owning it. Using it as an intermediate coin IMO makes sense because you can separate it completely and easily from your identity and you solve the problem of shady adult payment providers.
- vertex-four 9y ago
  The high rate of chargeback is to a large degree to do with customers, not the providers, as far as I'm aware. "That wasn't me, honest guv, I'll do a chargeback". Either way, your customers have to get the currency somehow, and barely any of them will be bothered to. I suspect a lot of porn purchases are "heat of the moment", so to speak.

Broken_Hippo 9y ago

Because it makes things more difficult for those accepting the money. Their bills likely don't take bitcoin, after all. And once you get into private video chat and prostitution, tech workers and designers - where a portion to all of the money is going to the one hired - it gets pretty useless. I'd not accept a job that only pays wages in bitcoin and in fact, it might violate minimum wage laws some places because you aren't paying in "real, government approved" money.