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Why not use crypto? Porncoin2.
by knicholes 5y ago
Why not use crypto? Porncoin2.
- duxup 5y agoIs there a way to do that where customers / content creators don't eventually hit traditional payment processor / bank?
- dylan604 5y agonot until you can reliably buy groceries, pay rent, pay utilities, etc with that crypto, it has to get exchanged for local currency somehow.
- Saris 5y agoYou still need to pass through a bank to convert it to anything usable.
- knicholes 5y agoHow will the banks know the crypto came from porn, though? Receive payments either to your own wallet or straight to Coinbase, convert to USD, transfer to your bank, and we're done, right? What am I missing?
- deleted 5y ago[deleted]
- NateEag 5y agoMaybe that to accept payments the porn company has to publish wallet IDs, so payments can in fact be traced back to them?
- vageli 5y agoThat doesn't seem like it would be a problem for individual creators though, unless all exchanges coordinate to ban sex workers or something (not to mention decentralized exchanges like bisq, or in-person exchanges like localbitcoins).