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Because people who buy porn and people who own bitcoins are not two sets that heavily overlap.
by vertex-four 9y ago
Because people who buy porn and people who own bitcoins are not two sets that heavily overlap.
- m_mueller 9y agoIt 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 agoThe 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.