I've just received this news lately from a friend and I think its worth to share with you guys. Porn site Pornhub agrees to accept an altcoin as another payment method, which is VERGE (VXG) to be specific. Honestly, I still doubt this kind of announcement, might be fake or another strategy in selling of. Also why they pick an Altcoin which is no where neared a result Bitcoin or any within the Top 5 of cryptocurrency ranking.
PS: I saw another thread created regarding this but he didn't put a source for reference or to support what does the poster stated.
Source: https://usethebitcoin.com/pornhub-porn-site-accepts-verge-as-a-means-of-payment/
PS: I saw another thread created regarding this but he didn't put a source for reference or to support what does the poster stated.
Source: https://usethebitcoin.com/pornhub-porn-site-accepts-verge-as-a-means-of-payment/
Verge is considered to be a privacy coin so that is one of the reasons why they chose it.
I see that some people see it as a negative for a cryptocurrency to be used this way, and don’t want to use Verge as a result. I don’t see this as a problem for a couple of reasons.
For one thing, fiat currencies like the US dollar are used every day for porn activities as well as many illegal activities such as drug deals and crimes but no one refuses to use US dollars because of it.
Also, cryptocurrencies will find specific uses or niches that make them useful, and this just happens to be one use that this coin can fulfill. It’s basically fulling a customer demand and as long as it’s not illegal, I don’t see it as a negative.
I don't know why people are mad with Verge being accepted by Pornhub. Aside from Verge being a privacy coin and besides being cheap, it also offers cheaper transaction fees than bitcoin and other popular coins like Eth.
