Bitcoin as a payment option, especially for the adult and entertainment industry

n2004al

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Quote from: BTCexpress on September 18, 2015, 02:34:40 PM

If you are next week in Prague on the TES Show there is a little lecture about

„Bitcoin as a payment option, especially for the adult and entertainment industry“

on Wednesday, September 23rd at 2PM in the room Arabela 1-2.

There are topics like

Bitcoin as a payment method
Bitcoin as an payout service for webmaster
Bitcoin for Sexworker, Escort and Cam-Girl with payment in advance
Bitcoin-Businessmodels with "Bitcoin-Only" porn Sites like "Bitcoin Peep Show"

and one day later is „FinTech Panel Discussion“ on Thursday, September 24th at 3:30PM in the room Arabela 1-2.

Does the adult industry find the "big thing" for the bitcoin industry?

It is the most normal and logical thing. Bitcoin mean anonymity and there are to many the people who don't want to reveal their identity in doing adult things. No one want that him's wife know that he was with an escort during the "working weekend"? Or that him has seen and adult film in him's computer. With credit card every such kind of actions can be discovered. With bitcoin never. So the use of bitcoin realize all their desires. Give them the "prohibited apple" and no one can know that them have made one or more sins. This thing can be repeated how many times they want.

Why must not be bitcoin the preferred topic to be discussed in the adult panels and industry?

OccidentalCoin

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Bitcoin is a good tool/currency for peer to peer transactions. It does not require bank to be in the middle. It has more privacy.

knowhow

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Bitcoin can bring a low price to the most costumers,if the mass adoption happens on the next years,we can say that bitcoin will get a big part of the people who use fiat and credit card,financial problems should push the people into something better the current monetary system.

Pab

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Bitcoin is very good payment option for any industry,speciall online related,but still there is lack of knowledge about btc and blockchain

aakashsangwan

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PUGG.io

Quote from: krb91 on October 27, 2015, 12:32:20 PM

Quote from: lemipawa on October 27, 2015, 11:29:43 AM

I would love to use Bitcoin to pay for subscription on those popular porn sites, but too bad, they don't accept BTC as a payment option. I was even asking those who sells access to porn sites in the Digital Goods section if they have access to sites that i'm interested to view.

Some of the popular sites accept bitcoin and a range of other crypto coins, and the others will probably start if they are afraid of losing market share to those that do. In another year or two you wil probably be able to pay in bitcoin at all your favorite sites.

i do agree with you , porn sites have now recognised the potential of bitcoin and how much it will affect in coming days to this industry, even escort services has been started to accept the bitcoin as payment option..

Swordsoffreedom

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There are a lot of threads on porn sites
I know that in the industry some porn sites do take Bitcoins already not so sure about the escorts but it's far more common nowadays.

Quote from: Mickeyb on September 21, 2015, 02:02:18 PM

Look, I will give you just one example. Look at the mess with the Ashley Madison. Imagine if their users had an opportunity to pay in Bitcoin by staying anonymous or even semi-anonymous. I am sure many of them would choose this option.

Bitcoin can have many use cases like this one in the adult and porn industry, meeting and dating websites, etc. And I am sure it will have after the Ashley hack.

Ashley Madison is a good example of why you don't post your personal details when you are trying to commit adultery.

owm123

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Quote from: Mickeyb on September 21, 2015, 02:02:18 PM

Look, I will give you just one example. Look at the mess with the Ashley Madison. Imagine if their users had an opportunity to pay in Bitcoin by staying anonymous or even semi-anonymous. I am sure many of them would choose this option.

Bitcoin can have many use cases like this one in the adult and porn industry, meeting and dating websites, etc. And I am sure it will have after the Ashley hack.

Paying with bitconis on a cheating site and waiting for the site get hacked and your identity connected with your bitcon address(es) would be terrible. So not only these people could be identified as cheaters, but also you could view their balances on addresses, chceck who's reach, whos not, etc. If you want to use bitcoin for something, please remember that bitcoin is not anonymous (http://www.bitcoinisnotanonymous.com/).

BTCBinary

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Bitcoin is the perfect means of exchange for the internet. It surelly is the most perfected means of exchange for the adult industry as well.

7788bitcoin

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Adult and entertainment industries were in the past some of the very first to make use internet. No doubt they find bitcoin useful especially the perceived anonymous payment mode.

ashour

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Bitcoin as a payment option for the adult and entertainment industry could be really useful since bitcoin payments are faster than bank deposits.

knowhow

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Bitcoin should and is taking costumers from western union,they are loosing some and more costumers,bitcoin is taking a part of this market.About adult and entertainment industry well bitcoin is being a choise for those who wanna have some fun and pleasure without have a bill showing all where you had spend your money .I dont mind if bitcoin stay for a long time at the current value or between 300 and 500 dollars,these would mean that bitcoin has value and interest for some.

OccidentalCoin

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Quote from: thejaytiesto on October 27, 2015, 10:43:41 AM

Not sure about escorts tho. A escort might still be safer with cash because it doesn't have a public ledger... that's why we need stuff like confidential transaction, and higher anonymity by default. Bitcoin is not fungible enough for someone like a escort to see it as better than cash.

With anonymous coins such as Monero (XMR), there is no traceable public ledger. So you can treat it as cash to pay escorts.

krb91

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Quote from: lemipawa on October 27, 2015, 11:29:43 AM

I would love to use Bitcoin to pay for subscription on those popular porn sites, but too bad, they don't accept BTC as a payment option. I was even asking those who sells access to porn sites in the Digital Goods section if they have access to sites that i'm interested to view.

Some of the popular sites accept bitcoin and a range of other crypto coins, and the others will probably start if they are afraid of losing market share to those that do. In another year or two you wil probably be able to pay in bitcoin at all your favorite sites.

Kprawn

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Quote from: Hellacopter on October 27, 2015, 10:36:45 AM

Quote from: ?? on ??

honestly, i love when bitcoin being most popular payment option in many porn/adult sites ,but it'll giving bitcoin a negative image,so, better for sex industries to make their own coins like titscoin or sexcoin and then make this popular

Yes i think that creating another coin specialized for the porn/adult sites is better than using Bitcoin on this sites. Of course supporting btc by making it as payment processor is always welcomed, but we have to think also about the reputation of this currency, in the other hand

Do you think people who pay for these services with credit cards, think about the reputation of VISA or Mastercard when they do that? Not.... They just concentrate on the

experience at hand. {excuse the pun} The porn industry will accept any currency or payment method that would bring in more money faster.

The Peepshow idea could be linked to micro payments, like the old coin operated Peepshows in Amsterdam. Grin

lemipawa

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I would love to use Bitcoin to pay for subscription on those popular porn sites, but too bad, they don't accept BTC as a payment option. I was even asking those who sells access to porn sites in the Digital Goods section if they have access to sites that i'm interested to view.

thejaytiesto

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Quote from: Mickeyb on September 21, 2015, 02:02:18 PM

Look, I will give you just one example. Look at the mess with the Ashley Madison. Imagine if their users had an opportunity to pay in Bitcoin by staying anonymous or even semi-anonymous. I am sure many of them would choose this option.

Bitcoin can have many use cases like this one in the adult and porn industry, meeting and dating websites, etc. And I am sure it will have after the Ashley hack.

True, keeping outdated services like credit cards where they have to store all of the people's data in a server (that WILL get eventually hacked exposing to millions of people and losing tons of money) it's really stupid. Bitcoin is superior in every single way. Same for cam websites.

Not sure about escorts tho. A escort might still be safer with cash because it doesn't have a public ledger... that's why we need stuff like confidential transaction, and higher anonymity by default. Bitcoin is not fungible enough for someone like a escort to see it as better than cash.

Supercrypt

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Quote from: yanka50 on October 27, 2015, 10:07:08 AM

This is one of the best place to use it. Bitcoin should be used exactly for such things - that you don't want on your credit cards statement for your wife to see Tongue

Yes, there are lot of benefits on using bitcoin on adult entertainments, gambling or even in trading. There are the places usually people in home like parents or spouse will not usually allow us to spend. Bitcoin always has an specific edge for every industry or application is general.

Hellacopter

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Quote from: ?? on ??

honestly, i love when bitcoin being most popular payment option in many porn/adult sites ,but it'll giving bitcoin a negative image,so, better for sex industries to make their own coins like titscoin or sexcoin and then make this popular

Yes i think that creating another coin specialized for the porn/adult sites is better than using Bitcoin on this sites. Of course supporting btc by making it as payment processor is always welcomed, but we have to think also about the reputation of this currency, in the other hand

yanka50

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This is one of the best place to use it. Bitcoin should be used exactly for such things - that you don't want on your credit cards statement for your wife to see Tongue

Coogan

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Quote from: Mickeyb on September 21, 2015, 02:02:18 PM

Look, I will give you just one example. Look at the mess with the Ashley Madison. Imagine if their users had an opportunity to pay in Bitcoin by staying anonymous or even semi-anonymous. I am sure many of them would choose this option.

Bitcoin can have many use cases like this one in the adult and porn industry, meeting and dating websites, etc. And I am sure it will have after the Ashley hack.

Why is this just limited to adult sites? Using bitcoin could save many people from having their credit or personal details leaked from many other sites. Whenever you use a website you always have to trust them with your details and there's always going to be weak links somewhere and the possibility of hacks or inside jobs.

Topic: Bitcoin as a payment option, especially for the adult and entertainment industry (Read 1903 times)