Topic: Could porn pave the way for cryptocurrency adoption by merchants? (Read 125 times)

Smart contracts + tipping with porn webcams would be interesting. I'm a huge believer that Cryptocurrencies are going to revolutionize the porn webcam industry (I even wrote an article a while back here: http://bitcoinporndirectory.com/will-bitcoin-revolutionize-the-live-cam-industry. I think it remains to be see which coin will win, but its an obvious progression considering most of these cam sites like Chaturbate use 'tokens' already.

I wonder if a lovense vibrator activated by a smart contract is something we will see in the near future    .

Porn is a big industry, and just like gambling tied to bitcoin in the beginning, it will be perfectly normal that porn will attempt to do the same now. The relation wont just be with bitcoin. In fact I think it will be much easier to relate porn with ethereum (with the creation of ICOs), and with coins that offer more privacy than bitcoin (like monero). New projects are created in the ethereum network, to allow users to create content and don't be "robbed" by the middle man. This looks like a great setup for porn webcams for example.

I think Bitcoin and porn go hand in hand. There are definitely a lot of porn sites that accept it already, but there are some fairly large networks that are holding out as well...

I think Vorotel is a good example of what can happen when a large payment processor accepts Bitcoin. Hundreds of adult sites began accepting Bitcoin basically overnight with no additional work needed to integrate it.

Get a company like CCBill onboard and there would be even more acceptance in the adult industry.

Thought I'd post this here as well since it's relevant. Original post on reddit: https://www.reddit.com/r/CryptoCurrency/comments/7xx6tz/could_porn_pave_the_way_for_cryptocurrency/

Hey guys, I’ve been a webmaster since I graduated college (Clemson, go Tigers!) in 2003. Some of my portfolio includes adult webcam projects. I could use your help with an upvote on this topic if you wouldn’t mind. My goal is to show the adult webmasters the massive size of the crypto community. We just implemented new cryptos on our platform and I want to urge other webmasters to do the same. Once this gets some legs, I plan on posting it to some adult webmaster news resources such as XBiz and AVN. It would be huge if we got this on the first page of Reddit to show them the demand. I’m not sure if you’re up on your internet history, but if you watched the movie Middle Men, you would know that Porn paved the way for online billing back in the late 90s. So maybe, just maybe, this could be substantial for merchant adoption.

Without further adieu, here’s the letter I plan on publishing…

Dear Fellow Adult Webmasters,

Rather than submit a press release about adding multiple cryptocurrencies to our payment options on camwithher.com, I wanted to reach out to my fellow webmasters and urge you to do the same. The adult industry paved the way for online credit card processing in the late 1990s. Perhaps it can also pave the way for cryptocurrency payments online.

We were the first cam site (and perhaps adult site in general?) to offer Bitcoin deposits (https://bitcointalksearch.org/topic/classycamscom-now-accepting-bitcoin-nfsw-138248) in January of 2013. Then unknown cryptocurrency advocates (now major influencers), Erik Voorhees (Shapeshift.io) and Tony Gallippi (Bitpay.com), convinced me to integrate Bitcoin into one of our more unkown cam sites as a test. At first, I was skeptical of digital money, transferring it 100% into fiat, however, I quickly changed my tune. Soon thereafter I integrated Bitcoin into our other sites and adjusted our settlement from 100% fiat to 100% Bitcoin. I got a fever, and the only prescription was more crypto. I was hooked. I started becoming a huge crypto advocate myself. I spoke at Bitpay’s Internext seminar. I went on to build my first mining rig. I invested in alt coins. It became a whole “thing”. HODLing became life.

Fast forward to today, cryptocurrency has come a long way, getting integrated more and more into everyday life and featured in major news headlines. However, there’s still a long road ahead in mass adoption, and this is where I think we can significantly make an impact. A vast majority of merchants don’t accept cryptocurrency and there’s absolutely no reason not to. Let me explain…

Do you like low merchant fees? Well you’re not going to get any lower than .5%. What other processor (especially in adult) will give you that? CoinPayments.net will and they’ll throw in a Paypal option at no charge. Some adult processors are taking 15% or higher.

Do you like getting chargebacks? Of course you don’t, and you won’t have to with cryptocurrency. There are no chargebacks. Yeah, none, zip, zilch, nyet, you get the picture.

Not a huge fan of crypto? No problem, get everything settled in fiat at no charge. If you’re anything like me, that will change.

What’s in it for me you ask? Sure, I own crypto and it would be nice to see it go up in value, but that isn’t why I’m writing this. Sure, my cam site is featured in this letter so you may be thinking I want the traffic. Traffic is nice, don’t get me wrong, but I sincerely want to see crypto get to the next level. I believe in the vision and want to see it succeed.

You have nothing to lose! So you only have to ask yourself one question. When Lambo? You’ll understand that once you dive in

All the best,

Steve

President

SNR Productions, Inc.

Disclaimer: I kept most links out of this letter that I plan on putting in the news articles. I just wanted to follow the rules of this sub and didn't want this to appear as spam, so I left them out.

PS. I'm extremely excited to be the first cam site to offer BTC, LTC, BCH, DASH, DOGE, ETC, ETH, LSK, NEO, QTUM, STEEM, XMR, ZEC, and XRP payments!