Bitcoin has become a lifeline for sex workers

Bitcoin1216

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Quote from: romero121 on October 30, 2022, 06:47:46 PM

Quote from: Mahanton on October 30, 2022, 05:26:48 PM

Quote from: lalabotax on October 30, 2022, 04:26:44 PM

Well, we can't deny that cryptocurrencies especially Bitcoin is a perfect currency for that industries. With Bitcoin, a person has transactions that are more private, and difficult to track, especially if they use a Bitcoin mixer, and this is quite possible. Sometimes, one has problems when it comes to currency as well as banking because of the money made in the sex industries, right? Meanwhile, this industry is currently undeniable and can't be stopped, it's even getting bigger. And indeed many sex and gambling sites use Bitcoin as the safest means of transaction,

Bitcoin or crypto did really touch up certain industries which doesnt only limit out on sex/porn industry but also in other industries as well just like on gambling and other stuffs.
Decentralized feature and easy accessibility is one of its main things on why it do really fits out as a payment system which it is anonymous and totally decentralize and
that what make other people been preferred into specially if they do touch up porn industry.We've seen several popular porn sites had adopted
crypto payments and its been a while since its been integrated and its a huge plus for those crypto users who do always watch porn. Cheesy

We can't say these are anonymous, because different services are offered. Maybe the transaction is anonymous, but with cam girls they're exposed. There identity too need to be kept hidden, in such a way the industry needs to turn out the development.

When someone can transact without being known or anonymous especially for things like sex transactions, of course they will be liked, privacy is very important because if people transact with bank transfers it will be easy to use to be detrimental, but this is not the goal of bitcoin made.

Lubang Bawah

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It is natural that Bitcoin is increasingly popular, there will be many users and can receive bitcoin payments, sex workers who receive bitcoin of course also know bitcoin and bitcoin potential, especially customers feel more comfortable when transactions with sex workers are unknown because of anonymous so that the volume of transactions continues increase.

romero121

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Quote from: Mahanton on October 30, 2022, 05:26:48 PM

Quote from: lalabotax on October 30, 2022, 04:26:44 PM

Well, we can't deny that cryptocurrencies especially Bitcoin is a perfect currency for that industries. With Bitcoin, a person has transactions that are more private, and difficult to track, especially if they use a Bitcoin mixer, and this is quite possible. Sometimes, one has problems when it comes to currency as well as banking because of the money made in the sex industries, right? Meanwhile, this industry is currently undeniable and can't be stopped, it's even getting bigger. And indeed many sex and gambling sites use Bitcoin as the safest means of transaction,

Bitcoin or crypto did really touch up certain industries which doesnt only limit out on sex/porn industry but also in other industries as well just like on gambling and other stuffs.
Decentralized feature and easy accessibility is one of its main things on why it do really fits out as a payment system which it is anonymous and totally decentralize and
that what make other people been preferred into specially if they do touch up porn industry.We've seen several popular porn sites had adopted
crypto payments and its been a while since its been integrated and its a huge plus for those crypto users who do always watch porn. Cheesy

We can't say these are anonymous, because different services are offered. Maybe the transaction is anonymous, but with cam girls they're exposed. There identity too need to be kept hidden, in such a way the industry needs to turn out the development.

Mahanton

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Quote from: lalabotax on October 30, 2022, 04:26:44 PM

Well, we can't deny that cryptocurrencies especially Bitcoin is a perfect currency for that industries. With Bitcoin, a person has transactions that are more private, and difficult to track, especially if they use a Bitcoin mixer, and this is quite possible. Sometimes, one has problems when it comes to currency as well as banking because of the money made in the sex industries, right? Meanwhile, this industry is currently undeniable and can't be stopped, it's even getting bigger. And indeed many sex and gambling sites use Bitcoin as the safest means of transaction,

Bitcoin or crypto did really touch up certain industries which doesnt only limit out on sex/porn industry but also in other industries as well just like on gambling and other stuffs.
Decentralized feature and easy accessibility is one of its main things on why it do really fits out as a payment system which it is anonymous and totally decentralize and
that what make other people been preferred into specially if they do touch up porn industry.We've seen several popular porn sites had adopted
crypto payments and its been a while since its been integrated and its a huge plus for those crypto users who do always watch porn. Cheesy

lalabotax

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Well, we can't deny that cryptocurrencies especially Bitcoin is a perfect currency for that industries. With Bitcoin, a person has transactions that are more private, and difficult to track, especially if they use a Bitcoin mixer, and this is quite possible. Sometimes, one has problems when it comes to currency as well as banking because of the money made in the sex industries, right? Meanwhile, this industry is currently undeniable and can't be stopped, it's even getting bigger. And indeed many sex and gambling sites use Bitcoin as the safest means of transaction,

MinoRaiola

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Quote from: LoyceV on February 12, 2022, 06:07:10 AM

Are banks so afraid to be associated with sex, they'd rather lose the business completely? Porn made VHS big, porn made the internet big, and now porn is "contributing" to making crypto big. And if it works for sex, eventually it will work for anything else too. Don't banks realize that business lost to crypto is lost to them forever?

I can make a comment for Germany: Yes, banks do not want it. It is not easy to open a bank account, even if all business documents are complete and the business system is positive. Very difficult, you should know someone in the system, then it becomes easier.

Quote from: bittraffic on February 12, 2022, 08:38:35 AM

The restriction of middlemen forces these sex workers to find another way to get their payment effectively. It's the same experience with some people online where the transactions had been reversed. As a result, they turn to BTC to avoid such problems.

One problem left for this adoption to really make its way for BTC to be used as currency is finding stores that will actually accept BTC directly without having to cash out and turn BTC into USD. So far there are few stores still.

From my point of view, bitcoin and sexwork are not yet ready for it. It's the cash that everyone wants, the smallest bills are not paid digital and I see it every day and I understand it too.

Digital transmissions are normal for live cams, but if someone wants an escort or goes in a club, cash is king. I can report from Germany and we can talk about ideas here. I would like to see a way for sexworkers to use their hard earned money legally without any problems. But it's a really difficult, because the women also don't want to pay taxes and run to Western Union and pay a lot of fees for their money to be transferred.

LUCKMCFLY

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Well, to affirm that BTC is like a lifesaver is to ensure that it is not only for one type of worker, that btc represents money does not mean that FIAT money is not the same, sometimes there is a type of campaign like this and others that affirm that the biggest crimes are done with BTC or cryptocurrencies to do bad publicity or maybe fud, but we know very well that gold, btc, represent money, and that the entire economy is mostly due to fiat money, that BTC represents a The way of looking at money is something else, that it is of a deflationary nature is something else and that it is an alternative economy superior to the traditional economy, that is something that each person in the world will discover whenever they want.

Smartvirus

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Use cases is one way in which bitcoin can get its needed popularity and for it to be known for the currency that it is and not a scam or some ponzi scheme. Unfortunately, this is what most persons still regard bitcoin and a lot of other cryptocurrencies out there to be and has been a major reason why they shy away from the development. Not until, the effect of a centralise system like the fiat begins to tell on them and push them to an edge where they've got no choice other than, go for what isn't traditional and works or stick yo the traditional and have a bad business. That's when cryptos becomes real to them, they make a first trier and should they understand the principles of hodl and value, they won't let loose.

Dunamisx

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We quite understand that cryptocurrency does not have any form of segregation or discrimination in placing embargo to individuals freedom especially when it comes to finances, banks and government are are trusted with handling of individual private life and this is the major reason why Satoshi Nakamoto created an independent decentralized digital currency called bitcoin.

Leviathan.007

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There are two types of sec workers and the first type is the cybersex workers who gave live streams and upload adult content on related websites to get money from viewers in this case with the growing internet in the world this type of workers can work much easier and safer bitcoin could make it even easier for them because since last years they had to use other methods such as Paypal and in this case, they had to share their personal information with the government also there were sex workers from countries where they could use Paypal and here they had many problems but nowadays they usually use bitcoin and the other cryptocurrencies for their business.

paxmao

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This does not surprise anyone really, however, if you think of the future, you can probably figure out that these restrictions will eventually be implemented for bitcoin. KYC and other will eventually be made even stronger than they are now and the gaps and loopholes may be closed. Being honest, it is true that I am in favour of financial sovereignty for each individual, but I do see a problem on using bitcoin for human trafficking.

Oilacris

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Quote from: Obito on February 11, 2022, 08:29:17 PM

Not really surprising, bitcoin has a lot of utilities so I wasn't surprised, in my opinion, this is inevitable as sex work is getting more mainstream than usual. Pretty sure that these people have been familiar with online payments for awhile now but it's a good thing, much better if all the industry is reached by bitcoin.

Nothing surprises me and its true that bitcoin has a lot of utilities and it isnt only limited on a few applications and as a payment system then it wouldnt really be surprising that it could really reach into

this point which it would really be that beneficial into those people who had been using it on that particular purpose or motive which it still considerable.

It is really just there are people who do have bad impressions about this industry but lets take up some consideration that it is just a payment system.

iv4n

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Well, I wouldn't say just Bitcoin... For years we are reading about some porn sites accepting different crypto payments, most of them started with some privacy coins! I guess now that rules are tightened about adult content publishers are turning to decentralized markets, which is not a surprise! I just wish to point out that this is something that started years ago, and includes various cryptocurrencies!
We people are like that, we will always find a way to survive! And I guess adult content publishers are doing just that, they are trying to survive and to continue to do what they are doing! With crypto that is possible for them, so why not?! I am not against it, as long as it's someone's free will to do that!

stepwilli

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It is indeed a great help for sex workers who have problems dealing with their payments. How could they stop when it is the only way they know how to feed themselves. It helps adoption of Bitcoin and other crypto currencies, they will experience how it works and later on maybe tell their coworkers and friends. Adoption is on the move and little did we know it would be known to all and also use this as a form of payment for their work.

It is not a secret anymore. Many industries are now switching or considering bitcoin as a medium because it does not have a restrictions or it is simply cool to use because of its features but about the people that work in the adult industry I do not believe that they do not have any other options other than choosing that industry.

Lots of bars have been closed by the authorities and workers of it have now changed and have a better life now but I think online type of this job are not that harmful as long as they do not do physical meetups. It can help them earn something. Bitcoin helps not just a way to get their payments but they can also use it as an investment to increase their profit.

gantez

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Quote from: Sterbens on February 12, 2022, 05:00:01 AM

Regardless of the profession of sex workers or any form of work, when using Bitcoin as an alternative payment, it has indirectly made Bitcoin a payment that can enter any area. Even illegal transactions though. But in fact, because it depends on the subject who uses it,

This whole aspect of bitcoin used for illegal transactions will depend on different things and one of it is how the people are seeing bitcoin and another is the law concerning sex workers in a particular country, the prostitution law will determine the way bitcoin used for alternative payment for the particular sector. I think here if the prostitution business is not a problem, using bitcoin to pay their service will not consider as illegal transaction business.

jrrsparkles

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But it doesn't really worked as how the sex content related platforms expected and it only happened due to the regulations so bitcoin will work for p2p level but to go mainstream it still needs the regulations then only the platforms can implement it.

However money os actually made for transaction with person to person which is very good with bitcoins and no one actually can ask anything.

bittraffic

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The restriction of middlemen forces these sex workers to find another way to get their payment effectively. It's the same experience with some people online where the transactions had been reversed. As a result, they turn to BTC to avoid such problems.

One problem left for this adoption to really make its way for BTC to be used as currency is finding stores that will actually accept BTC directly without having to cash out and turn BTC into USD. So far there are few stores still.

kamilah147

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Quote from: Obito on February 11, 2022, 08:29:17 PM

Not really surprising, bitcoin has a lot of utilities so I wasn't surprised, in my opinion, this is inevitable as sex work is getting more mainstream than usual. Pretty sure that these people have been familiar with online payments for awhile now but it's a good thing, much better if all the industry is reached by bitcoin.

Yes, because since the beginning of its appearance, bitcoin has only been used for private transactions, the community does not want to be controlled by anyone, so with news like this by sex workers using it as a transaction tool is a bridge to continue to enjoy personal benefits too, and regardless of technological advances this time but I only see this as taking advantage of the moment of advancement of knowledge.

Vatimins

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Wow, this sure is innovative, most people would surely be surprised. The me right now isn't though it obviously was just a matter of time before it happens since it is quite convenient for most of the people who loves to indulge in this type of thing. While it may seem hard at first, it really won't matter since if you really want it, there are always ways and if not, there will be dozens of reason why it isn't possible.

A thing I can share right now is that here in my country hookers are already accepting crypto currencies! Talk about innovative, lol. But they only accept common crypto currencies like btc, eth or xrp. Some even create telegram groups to sell videos of themselves "doing it" in exchange for some crypto or just cash. Their advertisements are more commonly seen on twitter nowadays.

Crypto being used in such an industry will be good for mass adoption. At least way better than being labelled as a currency for criminals just like a few years ago. Either way regardless of being a good or bad publicity, it is still publicity. I can only expect great times ahead for the crypto industry.

hugeblack

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This is not considered a real reason to use Bitcoin, but rather how people found alternatives to the cash system. The majority would prefer to use credit card payments instead of paying with Bitcoin, but they have no choice.

Thus, it is an ideal choice for those who cannot accept traditional financial methods and the difficulty of conducting cash for such transactions.
Real adoption will be when you have many options and you choose bitcoin because you believe it is the future or at least keep bitcoin for several years.

Topic: Bitcoin has become a lifeline for sex workers (Read 331 times)