Blog captainvalor: On cryptocurrency and porn

0

Date of birth of porn is 1896, when it was removed the film entitled “Maria departs to sleep”. In 1958, for the filming of porn began to use a Super 8 camera, and their sales instantly skyrocketed. In the 1970s, war broke out formats, video for home use between VHS and Betamax. The video quality of Betamax was higher, but the time of the recording of their tapes were only an hour — three times less than that of VHS. The porn industry went to VHS format, and the rest is history. Admit it: you’ve never even heard of Betamax?

Several decades later, the same thing happened in the war between HD DVD and BluRay. At that time pornography was instrumental in the rise of the Internet, creating a solid user base almost immediately after the emergence of new technologies. It then porn became a pioneer in the field of video streaming and online payments. It is safe to say that streaming services and e-Commerce has emerged thanks to the people who were looking for a convenient opportunity to see how other people have sex.

Pornography played a major role in the development of new technologies — the format that best conveyed the image of naked people, remained in demand, while all his competitors were left in the lurch. Imagine that in the not too distant future crypto currencies will be in direct competition with, say, credit cards, and at some point, porn will decide to accept payments only tokens. I think that it will quickly lead to mass transition of humanity to crypto-currencies.

Even Satoshi Nakamoto back in 2010 wrote that bitcoin is a great payment tool for buying porn, and listed all the advantages of the use of cryptocurrency for such purposes. I have nothing to add:

“Bitcoin would be convenient for those who do not have credit cards or who do not want to use them, or who doesn’t want spouse found out, or doesn’t want to share data with the guys from porn, or avoiding recurring billing”.

At the beginning of its existence, the bitcoin has gotten a bad reputation, becoming almost the official currency for the darknet, money laundering and online casinos. Several years passed, and bitcoins to pay for tickets, hotel room, buy a luxury car or yacht or even a dinner in some restaurants.

From a submarine to a ticket into space: What can you buy with bitcoin

The perception of bitcoin has changed, but porn always with open arms ready to meet cryptoendoliths.

There are many porn sites that accept payments in the cryptocurrency. For example, one of them with the speaker called Bitcoin Porn Directory. Until recently, only a relatively small porn sites to lure visitors, offering them to take payments in the cryptocurrency, but it’s already in 2018, and now the titans of industry will gladly relieve you of unnecessary tokens. Including Naughty America, LiveJasmin, Chaturbate, Plus Playboy and Brazzers.

And, of course, the Almighty PornHub with 90 million daily users. They had adopted bitcoin early, but, like many other companies that wanted to attract new customers, at some point abandoned this option due to the high volatility of cryptocurrency. Now, it seems, everything is back to normal. At the time of this writing PornHub accepts payments in three currencies:

You to understand to make this screenshot, I had to go to PornHub in an office full of people. I filled out the column “username”, “password” and “email address”, and all this time I have full screen loomed the picture was a close-up depicts a Nude lady, whose mouth was part of the body of a Nude male. I explained to colleagues that do this work, but I’m not sure they believed me…

By the way, coincidentally, my account lies in Binance a decent amount of Verge and TRON. However, I’m not going to buy a membership on this website.

It seems that PornHub are seriously interested in digital currencies: they recently announced a partnership with the service PumaPay, which enables service providers to “pull” the cryptocurrency of the money from the accounts of their clients. Sounds very intriguing — in fact it is the same debit payments using the cryptocurrency. It seems like a Scam, but if this project is PornHub, you, can, here, everything is fair.

The cooperation of the porn industry with cryptocurrencies is not limited to payments for premium accounts. Recently all the news websites flashed the news that the daughter PornHub Tube8 is going to pay its users for interaction with free content of the website. This Tube8 entered into a partnership with blockchain-a platform Vice Industry Token (VIT). The aim of the project is obvious: more clicks, more comments, more voting for their favourite videos.

I already wrote about this last week: I think this is the same ICO with a different sauce. Users will get tokens VIT and Tube8 and Vice Industry will get additional revenue from advertising. Looks like a win-win deal, but still smacks of a Scam.

This is not the first experiment in the field of PornHub tokenization: in 2015 they released the cryptocurrency Titcoin, the Ticker which is a charming name TIT. Honestly, at first I thought it was an April fools joke, but then came across this video:

So, the impression that the porn industry and the cryptocurrency market just made for each other, isn’t it? Actually it is not so.

Why erotic industry needs cryptocurrencies

As in any other industry with an interest in blockchain technology and cryptocurrency payments, there are too many projects that essentially offer the same thing. I counted at least 19 tokens, each of which is designed to “improve the adult entertainment industry”.

The most beautiful thing about these tokens is their names. You already know about Titcoin, but as you TittieCoin and BigBoobsCoin? Or SpankChain and FapCoin? There are less provocative, tokens: AdultChain, LOVR and Intimate. Of special note is the cryptocurrency Hussy, is not for porn. Her motto is: “We are making the oldest profession safer”. Not bad, huh?

I always thought that the partnership of a major streaming service with bitcoin should increase its value. Actually, that’s why I invested in TRON and Verge. To my surprise, it was not so. It seems that in this market there are many conservative or even religious investors. After PornHub announced that it will make payments to the Verge, the rate of the cryptocurrency fell.

Moreover, this summer one of the oldest and most respected in the world of cryptocurrency, litecoin, has become a partner site VRPorn.com who now accepts payments in LTC. It was definitely not for hype — the team even Litecoin has not made any public statements about this, most likely, seeing the partnership as another step to transform your token into a popular means of payment. Nevertheless, many investors rushed to get rid of this cryptocurrency.

Pornography does have a huge impact on the development of any technology. I think that this crypto-pornographic symbiosis with the right approach will lead to the revival of the porn industry and hasten the mass adoption of the cryptocurrency. We are still far from this point, but it can certainly happen, and I hope that this will happen in the foreseeable future.

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.