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The real tragedy here is that an instant, anonymous, feeless, global cryptocurrency would form the absolute ideal medium of exchange between online sex workers
by indescions_2018 9y ago
The real tragedy here is that an instant, anonymous, feeless, global cryptocurrency would form the absolute ideal medium of exchange between online sex workers and their patrons. Sites such as ManyVids, et al. probably see on order of $100K per week in transactions. Although the cryptocurrency community may balk at the association. The benefits of decentralization in this particular milleu are self-evident. Its possible it may even become the driver of significant transaction volume growth!
- dna_polymerase 9y agoIt really would make a perfect fit. Then again site owners might face legal challenges as there would be no age verification built into the payment system. I guess there is still space for a player in that market.
- jhwang5 9y agoUnless the token / currency is purchased with cash, or using something like Monero, then you don't have the benefit of anonymity with cryptocurrencies. All payers can be traced back to some fiat account.
- perlgeek 9y agoI agree, but that crypto currency would also need to be somewhat stable in price, and easy to spend (or exchange for cash).