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"3. Right now most payment processors do not work with adult industries and the ones that do charge exorbitant fees. Blockchain can bring those fees down a lot
by s73v3r_ 8y ago
"3. Right now most payment processors do not work with adult industries and the ones that do charge exorbitant fees. Blockchain can bring those fees down a lot and let performers keep a lot more of their money."
There is literally nothing about blockchain that would inherently do this. that is entirely on the payment processor.
"That was solved by banks and cash, but blockchain can be another solution that doesn't require an insane amount of infrastructure, employees, call centers, etc to run."
This is quite false; bitcoin requires a very large infrastructure with incredible energy costs to run.
"6. I think voting is something that could happen on the blockchain. Boom, now anyone can verify the results of the election. People can't as easily scream election fraud."
But now my boss can verify who I voted for. So can the mafia.