Topic: “By 2025, even drug dealers won’t take cash.” How BiG is PORN and other issues.. (Read 270 times)

Thinking about this, I think the adult industry as a whole doesn't fit much into the way porn is understood. That quote in the first post... The way we use technology supposedly to watch porn. That's not instinctive, that's conditioning. And no, I'm not an attacker or an apologist, I just simply have spent too much time with too many people whose realities are cocooned away from these industries.

Cash will be their realities probably for their lifetimes. Probably for their children too.

It`s just an example, LG

An example to go into a bit more about the subject, only.. but I totally agree on adult industry`s not only about movies for sure. I also believe that there is a big, huge amount of "unrecorded" billions related with that, which has no relation with movies at all.

Comparing the baseball industry and p0rn is total wrong
Baseball is an industry with an audience mainly from North America. P0rn has a worldwide audience. Based on this the revenue generated is much bigger. As you know, p0rn isn't only about movies. This much bigger than this

Adult business is trying to adapt new technologies. In the history many times "porn" defined many technologies (like VHS`s beating Betamax) but on Blockchain, porn is late.. and although there are many ideas and projects many seem to fail in many ways but it`s very normal in this period of time. The progress will come in this way and it`s already having its pace indeed.

People are paying for porn. Still. There`s a big economy and it will grow in the next years if it adopt the technology (like in VR and or in other areas)

I think there are mistakes in your statistics. $ 97 billion cannot feed 4.8 billion people. Each person accounts for 20 dollars. It seems to me that this amount is not even enough to diet. I don't believe in the prospect of the porn industry. Virtual shows will never replace natural communication. Porn is a lot of perverts who want to save money on prostitutes.

I do not see the point of paying for porn when it can be viewed for free. I think such projects will not be a huge success and not bring a permanent profit.
         

I also agree with the ideas here, it was better if we could find some more suitable things for our time than porn and drugs. At the moment there are so many countries and companies that make without cash payments. Maybe they want to tell that want to pay with the card, not with cryptocurrencies. You may have misunderstanding.

".. Back at MIT, Drezen Prelec`s research into the neural pain of cash should have served as a warning that we were about to enter a fathomless, glittering new world of untethered online spending. Instead, his work unwittingly signed the death warrant on cash. Cash, he says, is the one thing that firmly tethers us to spending within our means. "You want to know how out of kilter we are with our spending?" he tells me when we meet. "Try using only cash for one week. Buy everything with it. Pay your mortgage with it. Look at a thousand dollars as a mountain of cash. You will never treat money the same way again."

- MIT, Spectrum, Winter 1999

yes, the shift.

We are in the middle of the change.

indeed.

We are trying on other parts but still I would like to mention these, here, too, as personally these are very much interesting topics for me and I would like to hear from people (thank you and thanks to all respected people who replied to my post here)

Let`s forget about our project or me, whoever I am, to have respect where we are, as you suggested (for being in this part of the Forum) and let me continue with the economics and "metrics" part:

Ripple is a good example, Davis.. That is so obvious that behind it many big companies, banks etc. They are not hidden. They don`t have any reason to hide. I suppose, there will be a few more, there will be a NEED for more like these.

For example, there is Alta Vista, in 90s.. a search engine, and Netscape Navigator as browser and Hotmail as mail service, with 1 MB free for everybody.

Then, Google came and made Yahoo and Alta Vista dead, Firefox and Chrome is already here, and instead of Hotmail, we use gmail (gmail started with 1 GB free space when hotmail provided 1 MB, 1 of 1000 of that)

What I try to say is, there will be big companies but what will make those companies big will be our choices, too. Not directly, not we will choose them, still, as in Apple example, they made iPhone and iPhone made them this big. It doesn`t matter or no subject here, Steve Jobs or Wozniak, or Apple`s history, I`m just saying that, now, what is needed is important. Like IOTA: if Internet of Things become more but much more important, than our guys in Berlin will become much more popular as MIOTA prices will go much high, which mean we sponsor them, we support them (we = companies, people who demand that and also physically go and get MIOTA with our BTC or USD or whatever but eventually who makes MIOTA prices up and give back up to a tech company behind it)

"What is needed" that is important. If there will be self driven cars and if they need to communicate with each other over internet of things and if this will have a vital and very much important role on the roads, for these cars to become safe, MIOTA (under normal conditions) should be much much more bigger.

Just like that in any sector, any industry, tech related companies will invade the world and will be much more involved in our lives. That means, "cashless" and more digital, but also, more independent companies and or groups`, more smaller ones, to be in need of working together.

Smaller nodes, bigger network. That is what is already on its way.

yes, giving a title to "this" was the hardest part.

Very good point, and I totally agree on "cashless"

Shapes are changing. Mentalities are shaping and changing. Means of "money" or whatever we call it is changing but the physical situation stays the same.

Just like we need to communicate. We use smoke. Then messengers.. but when we have tel lines, we use them. Not immediately, not in  1 day is all this change.

I like one example about this is, the cars. From horse carriages to the cars, it took many years for people to get it. Some even hated it.

Now about electric cars. They are awesome. Really I got a Tesla once and it was really really the most fun toy I had. It`s very different than the normal cars. It had 421 HP (310 kW), and before that I had a car like 184 HP. 421 HP, without any gears and direct electric power is something like you`re Thor.

So, when it`s available, and affordable, economical, people will choose electric cars definitely.

Not all. Not in 1 day.

However, when that option is available and accepted by more, the rest will shape about that.

You can still use a mobile phone which is not smart when there is iPhone or Google Phones available with this and that.. you can still "not" use any mobile phone when majority of the people in society use iphones..

We can show many examples, like WiFi.. Facebook, or internet itself.

When I say, "cashless" and there will be no cash, I don`t mean that some power or somebody (Thor?) will come push you to use crpyto or take all your cash from your pockets or from your back. You (me, he, she) will do it already as it will not be the best option to go with.

Totally agree. It reminds me the "nodes" on blockchain (really, no joke).. too many points.. connected but you cannot get the whole picture, immediately..

still interesting.

no?

I agree with you on the need of being more careful about posting stuff like this, especially when it comes to mentioning "drug dealers" and "crypto" in the same topic..

Future is crypto in payments but not only that, blockchain will invade the world, sooner than we think.

It`s like electric cars. Soon diesel will be history. "Benzine" (Fuel / Gas) will be antique for cars. Very very soon like in a few years.

However, the change takes time. As you see, for example PR works, like sending an electro cabriolet to the space, needed some money and time and need some time for us regular people to digest.

When we see electro cars on our roads, more than other type of cars, which is in 5-6 years at most in majority of western world, we will be less depend on cash in payments.

Same for cryptocurrency. It`s coming after last year`s big PR works. This year it will go down, like hitting the old positions from last year, like our seeing 5-6K in Bitcoin, or for ripple 35-40 cents, or for Ethereum 300-400 USD, just normal for gaining time for new players, new people to join and benefit and use more, benefit from it more.

Also for the tech companies, groups, people, to give them time to join and a part of this revolution.

Real currencies were the past and party now. I`m not trying to change that. You and I are changing that already by being here, by reading and writing about these.

This post was never intented to be about drug dealers, but I repeat what I quotes, by 2025 EVEN, even, EVEN, the drug dealers will not use cash.

It's too obvious that is would happen. Everything is going digital so why won't money be part of the digital revolution? Paper would be obsolete and so is other manual and primitive ways we have. The world is changing, and the old ways are slowly dying and being replaced by technological advancements. The would must adopt to changing times. And the future is bright for cryptocurrencies in my opinion.

I agree with that position. Exactly such bad reputation was Bitcoin having at the begininig, as dirty illegal curr, but I thought we have overcome such approach. It seems there are still some relicts of it.
But it's true, we are heading towards cashless society and this is the future that will come very soon, sooner then we think. This has positive and negative aspects as everything else but it's up to us how is realy going to function.

According to data provided by financial institutions, 'plastic money', meaning either credit card or bank card payments, accounted for +60% of the payments made, and like 20% was paid via smartphone apps utilizing NFC.

In other words, less than 20% of the 'real' world transactions are being conducted non digitally, and within 10 years cash transactions will account for less than 10%, and that's a great development.

Even bazaars allow digital payments. I like this transition, but it just shows how we are going to heavily depend on centralized services for these payments, which is the only negative aspect of the world becoming more digital.

At least OP is right that we probably won't use paper cash by that time.
They won't succeed in that plan since banks and government will try their best to have control over fiat currencies. Although that is the case, you are right that tech companies are the ones who will have more authority in a world where digital cash is used.
Oh really? I think that will not open the brain to limitless spending(since it is still hard to earn money).

Correct. Cashless payments are already trending around the world which are not cryptocurrency but as you said Credit cards and mobile payments. Shifting to digital media has been the focus of many governments for past few years, a regulated cryptocurrency created by some government is also on the horizon, IMO. 

You are right.Same fiat money would be in the form of digital currency most of which would be issued and controlled by the appropriate governments.This would not give any sort of financial freedom to people.They would still be under the radar of government authorities.

Cashless economy would only benifit common man if bitcoin like crypto currencies get used massively and I don't hope that governments would allow such economic activities to occur unquestioned.

OP,i agree with your theory that a cashless society will lead to more spending.But this would mean more debt and more poverty.Many banks and corporations don`t want a cashless society.They want a CONTROLLED and centralized cashless society.Cryptocurrencies will be only for the outsiders.Your idea about combining cryptocurrencies,blockchain and the porn industry isn`t new and innovative.You will have to stand out from the crowd and beat the competition.If you want to promote your project,there are other child boards in this forum, that are more suitable.