Actually, I'd prefer it if bitcoin was adopted by the porn industry, because it shouldn't be shameful to use it with anything. You can also pay your bills with bitcoin and if you can buy porn and drugs with fiat cash then why not bitcoin? If we want bitcoin to succeed as a currency then people should be able to buy absolutely anything they want with it... even illegal stuff and that's just up to the authorities to police.
Oh, and fuck the ignorant perception of society. They'll change their mind over time, but then it'll be too late for them anyway.
As long as there is some taboo associated with watching porn, bitcoin is a natural fit for the porn industry. Credit card companies and banks sometimes have hesitation in dealing with porn companies. No such issues with bitcoin. I think the proportion of porn sites accepting bitcoin should be already high.
It's taboo to watch porn? Don't over half of people watch it? I often think the word taboo means 'shit everyone does but don't want anyone else to know about it because I'm embarrassed I like it and what other people will think even though they're secretly doing it too'.
Actually, I'd prefer it if bitcoin was adopted by the porn industry, because it shouldn't be shameful to use it with anything. You can also pay your bills with bitcoin and if you can buy porn and drugs with fiat cash then why not bitcoin? If we want bitcoin to succeed as a currency then people should be able to buy absolutely anything they want with it... even illegal stuff and that's just up to the authorities to police.
Oh, and fuck the ignorant perception of society. They'll change their mind over time, but then it'll be too late for them anyway.
As long as there is some taboo associated with watching porn, bitcoin is a natural fit for the porn industry. Credit card companies and banks sometimes have hesitation in dealing with porn companies. No such issues with bitcoin. I think the proportion of porn sites accepting bitcoin should be already high.
The majority of these people have no clue how to use Bitcoin to make it anonymous, so they should stick to the traditional payment methods and be done with it. The only positive side, as you have stated in your post, is for the porn industry. The credit card companies have no more control, on what they will support and what not.
If the porn site make use of payment processors, they could be in the same position. These companies can also block payments to these sites through their service.
And for those that do care about anonymity or censorship then they can find a use in bitcoin. I think slowly over time more and more people will get annoyed at being spied on and everything we do online being tacked and recorded or even just grow tired of bank fees etc that people will look for alternatives and bitcoin will be one of them.
Actually, I'd prefer it if bitcoin was adopted by the porn industry, because it shouldn't be shameful to use it with anything. You can also pay your bills with bitcoin and if you can buy porn and drugs with fiat cash then why not bitcoin? If we want bitcoin to succeed as a currency then people should be able to buy absolutely anything they want with it... even illegal stuff and that's just up to the authorities to police.
Oh, and fuck the ignorant perception of society. They'll change their mind over time, but then it'll be too late for them anyway.
I agree with the principle that people should be able to buy anything they want with Bitcoin.
My concern was that if Bitcoin were primarily used for underground purposes then it could sour public perception of the currency and possibly delay it from achieving mainstream adoption. Some people might think that this is a legitimate concern, while others might think that this isn't really a huge concern at all because Bitcoin's technical strengths will allow it to eventually prevail in the end.
Bitcoin was primarily used for underground purposes but it's moving away from that. The internet was arguably just used for underground activities at first and criminals took advantage of it as well like they do with any new technology, but any good idea will outgrow itself eventually when others realize it.