Topic: Bitcoin & Porn - Where is it going? What do you guys think? (Read 231 times)

There are several porn related tokens.

The first was SexCoin back in 2014. Since then I've seen more and more stepping forward. 

Anyone can use their bitcoin in any way shape or form they choose.

Although the porn industry is the biggest and probably one of the most influential in the online world, they still have to look forward and seek for new features. Same goes for gambling and other traditional industries.

I believe it is a matter of time until BTC or any other altcoin would become a standard method of payment at least as CC / PayPal 

If they kinda allow making transactions and payments by cryptocurrencies why not other altcoins that support micropayments and speedy confirmations, they can do an ICO about porn creating their own coins over the blockchain for their own business, it is better for that way if they want to shift their industry over the cryptocurrency innovation. But for me, they just have to stick to traditional mode of payments the convenience is there.

Even without bitcoin, porn sites are already present even in an ordinary payments. Aside from using other forms of paying. I think people were more focus on their investments rather than wasting their money with porn sites.

Sexcoin (SXC) seems more appropriate - only $.25 a coin and faster confirms.

illegal generally was the reason to use bitcoin and now investment makes all use bitcoin.

porn does not a have direct link for bitcoin growth and now few only use bitcoin for that "fee is high"

Wasting your bitcoin in porn site's? I don't think it's worth it for me to it's just a waste of money but if you want to have anonymity transaction then go for it.

I think that this will lead to porn sites getting court dates. Why? Because kids that are always on the Internet will even be more addicted to porn. I know that they are already addicted to porn at the time that they wanted a premium account on pornhub. The thing, though, porn sites are out there posting videos and you can view them right away but they are actually saying that you agree to their terms and agreements that you are at the right age to watch porn.

Bitcoin and porn partnered together will establish anonymity. I don't think it's alright for the porn industry to do that because their business is under a jurisdiction and they follow certain rules. Cryptocurrencies are alright to be fully anonymous simply because doing transactions to each other do not require a certain age. I bet someone will be selling you premium accounts on porn sites with bitcoin but in the database of the porn site, it's registered under a different name and they don't really have the control to those accounts if the person made the decision to sell it. In other words, if a kid has bought a premium account using bitcoin from someone on the Internet, the porn site will be in the winning side because the kid is using another person's account and that another person is allowed to watch porn. The kid will be prosecuted with identity thief.

I guess some people would prefer the hassle of paying more / waiting, rather than using you credit card. But generally speaking - You're right. All ends up with the fees and the long confirmation period.

I just wonder how long would it take until paying with BTC would be as efficient and easy as using CC .

I think the use of cryptocurrency for porn services is very booming but is now hampered by the rising transaction costs and longer confirmation times, the same problems that affect us all in the Bitcoin environment. I'm sure more and more porn companies go into Bitcoin and other crypto. With billions in revenues each year, the porn industry can help boost Bitcoin to a higher level.

You do have e-payment solutions, though the process is not always simple. Bank accounts / credit cards are usually involved in the process of funding it. Most of the times.

This is a really good point.

Right now, there are several cons like the ones you mentioned - Takes too long to confirm the transaction, fees are quite high and so on.

The question is what would make those problems disappear and how would it look like 5 years from now?

We all know that pron is one of the biggest business online and offline and with the coming of Bitcoin the industry found a good medium which many users can use without using their credit or debit cards. The use of cryptocurrency for porn services is very booming but this is now hampered by the increasing transaction cost and longer period of confirmation time the same problems affecting all of us in the Bitcoin sphere. Now, if the same problems can be solved am sure that more and more porn companies will be getting into Bitcoin and other cryptocurrencies. With billions of revenues annually, the porn industry can help uplift Bitcoin to new heights.

Well, this is quite interesting thought due to the crazy price fluctuation.

But eventually you'd probably set a USD price that may be updated every now and then. 
 

Well, the first one was back in 2014. At least the first major porn website.

Nowdays, we can see so many, small and big, who are accepting not only BTC but also other currencies.

Also, several ICOs have already launched and raised funds based on their "porn product".

I'll be honest I would of thought that a porn site would have started accepting Bitcoin because of the anonymous factor. I think the first porn site to adopt this will make a lot of money.

it is not really new to see this kind  of idea and  i think it could make a good hit because porn sites now are starting to accept bitcoin as their payment method to be able for their users to enjoy other privilages like buying a vip membership or premium accounts to access those high quality restricted contents that only available for paid users. it is also better that any other payment options like credit cards or paypal as it does not requires any valid information or anything hassel and stressful things.

Most of adult movie subscriber are not comfort with the use of their personal information and It good that the adult industry step into the crypto world by also issue their own crypto payment which no third party fees was incuded, instantly and anonymous payment. But, I think they should also add Graft Credit card and payment network program since it also anonymous payment and customer use it without link out their info.

i guess with the growth of bitcoin all kinds of connections will be made. porn, drugs, black markets, but also positive things. somehow its just like 'normal' currencies right? hehe. the only thing is if you offer the possibility to pay with BTC you need to automatically change the price every hour (or even minute) but f$^# it, i like porn  

unless the transaction cost for bitcoin go down, then making small payments for porn or other consumables does not remain feasible in my view