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You still need to pass through a bank to convert it to anything usable.
by Saris 5y ago
You 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).