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Topic: Pornhub Adds Tether Stablecoin as New Crypto Payment Option (Read 328 times)

Diamond_Darrell

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Quote from: ?? on ??

Quote from: samuraijin on January 24, 2020, 03:22:33 AM

I don't really like watching porn, still asking questions about the purpose of this thread Pornhub accepts tron-based USDT payments, then can porn site players also be paid with TRX tron or just upgrade members by being able to watch videos that are locked privately? I have never visited this site, if it really has a good effect on Tron prices, I think it's cool that many porn viewers are holding tron

there is a positive side, indeed pornhub is known as a negative site, but this shows that some companies already view crypto as an alternative payment, I like to hear that, even though the site is a porn site, maybe a few months or years there will be other sites besides the site porn that will accept cryptocurrency, hopefully

Why is Porn Hub a negative site Huh

Huh

This is the most positive site that I have seen) Millions of users can upload their photos and videos that ordinary social networks will not accept))) Violence is condemned. For people who do not want and cannot find the second half, this is the best solution. They will also stick their blockchain ... it's just a fairy tale for ananists and jerkers.

samuraijin

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Quote from: ?? on ??

Quote from: samuraijin on January 24, 2020, 03:22:33 AM

I don't really like watching porn, still asking questions about the purpose of this thread Pornhub accepts tron-based USDT payments, then can porn site players also be paid with TRX tron or just upgrade members by being able to watch videos that are locked privately? I have never visited this site, if it really has a good effect on Tron prices, I think it's cool that many porn viewers are holding tron

there is a positive side, indeed pornhub is known as a negative site, but this shows that some companies already view crypto as an alternative payment, I like to hear that, even though the site is a porn site, maybe a few months or years there will be other sites besides the site porn that will accept cryptocurrency, hopefully

many online shopping sites that use bitcoin and other crypto payments, well I hope not only on porn sites, but I support anything as long as crypto payment is the second option of fiat currencies I think that's far more enough so that the crypto market continues to grow in future

fuer44

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Quote from: Diamond_Darrell on January 23, 2020, 12:36:43 PM

Quote from: plvbob0070 on January 23, 2020, 11:12:08 AM

Pornhub, an adult entertainment site is now supporting Tether (USDT) payment option as PayPal stopped servicing its model last 2019.

The Tron CEO Justin Sun said that it's a good way to support victims of centralized payment platforms like PayPal.

Source:https://cointelegraph.com/news/pornhub-adds-tether-stablecoin-as-new-crypto-payment-option

We're old enough to understand that this won't bring a negative image to cryptocurrency. In fact, this is actually a great news for us. Bigger companies like pornhub that is open for crypto payments in their business is a way for adoption that we're looking for. If this becomes successful just like how PayPal works before, then we can expect other companies will also try the crypto payment option. What do you think?

I read this news in 2017 here on the forum (maybe I'm wrong, I will need to look at the message history) Then and now I had only one question - WHY?

maybe the goal is to facilitate payment. that reason is, because some countries in the world are a bit limited to access paypal or credit cards. while crypto, all countries in the world are free to use it, and also anonymous. that's quite positive considering pornhub is an adult site and needs privacy too.

FairUser

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This is a big step forward for the cryptocurrency market, certainly in the near future, we will have many other websites that will accept cryptocurrency as a payment method. In 2020 there will be a lot of events for this market, and if there are many websites that accept crypto then I believe the market will be pumped as strongly as 2017.

3la9l_kolbaCa

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Quote from: plvbob0070 on January 23, 2020, 11:12:08 AM

Pornhub, an adult entertainment site is now supporting Tether (USDT) payment option as PayPal stopped servicing its model last 2019.

The Tron CEO Justin Sun said that it's a good way to support victims of centralized payment platforms like PayPal.

Source:https://cointelegraph.com/news/pornhub-adds-tether-stablecoin-as-new-crypto-payment-option

We're old enough to understand that this won't bring a negative image to cryptocurrency. In fact, this is actually a great news for us. Bigger companies like pornhub that is open for crypto payments in their business is a way for adoption that we're looking for. If this becomes successful just like how PayPal works before, then we can expect other companies will also try the crypto payment option. What do you think?

Being honest about this matter, I am not having an over reactions with this because as an adult we really demand this certain entertainment for our pleasures. However, if adoption would rather divert the payment systems using crypto; the growing numbers of viewers online is increasing this is a good factor that helps crypto demand rises. Hopefully this attracts a lot of business to use crypto as part of their ways of improvement on payment transactions.

sazonk

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Changing the game

Quote from: plvbob0070 on January 23, 2020, 11:12:08 AM

Pornhub, an adult entertainment site is now supporting Tether (USDT) payment option as PayPal stopped servicing its model last 2019.

The Tron CEO Justin Sun said that it's a good way to support victims of centralized payment platforms like PayPal.

Source:https://cointelegraph.com/news/pornhub-adds-tether-stablecoin-as-new-crypto-payment-option

We're old enough to understand that this won't bring a negative image to cryptocurrency. In fact, this is actually a great news for us. Bigger companies like pornhub that is open for crypto payments in their business is a way for adoption that we're looking for. If this becomes successful just like how PayPal works before, then we can expect other companies will also try the crypto payment option. What do you think?

if told to choose whether to choose paypal or cryptocurrencies as a means of payment, then I prefer crypto. I think Pornhub has been very cleverly thought to have decided not to use paypal services on the payment options on their site. My experience using paypal, I feel this paypal is too much set up, and is very rigid, besides that the mix of U.S financial parties is very dominating in regard to accounts that have high business rating and reputation.
With crypto, everything can be easy and straightforward, it is likely that pornhub will be flooded with orders after the crypto is applied as a payment tool on their site.

uray

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Activity: 1400

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Quote from: plvbob0070 on January 23, 2020, 11:12:08 AM

Pornhub, an adult entertainment site is now supporting Tether (USDT) payment option as PayPal stopped servicing its model last 2019.

If they accept bitcoin then it would have been great rather they started accepting a shady coin which is plagued with non transparency and other shits.

Quote from: plvbob0070 on January 23, 2020, 11:12:08 AM

We're old enough to understand that this won't bring a negative image to cryptocurrency. In fact, this is actually a great news for us. Bigger companies like pornhub that is open for crypto payments in their business is a way for adoption that we're looking for. If this becomes successful just like how PayPal works before, then we can expect other companies will also try the crypto payment option. What do you think?

To overcome the centralized control the porn industry has to use the crypto market to overcome these ban and that is the case with many business where these services will not accept them.

samuraijin

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Activity: 1722

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I don't really like watching porn, still asking questions about the purpose of this thread Pornhub accepts tron-based USDT payments, then can porn site players also be paid with TRX tron or just upgrade members by being able to watch videos that are locked privately? I have never visited this site, if it really has a good effect on Tron prices, I think it's cool that many porn viewers are holding tron

Kunnu

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This is really smart move by pornhub they have understood the advantages to accept tron based usdt and this decision is going to be in a positive way finally pornhub fix the mistake they accepted xvg but it was not good decision I guess but accepting stable coin as payments method looks fantastic decision.

d.kevin29

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Quote from: vintages on January 24, 2020, 02:42:44 AM

This is not the first time that they are adding digital currency to their payment list. In as much as we all are saying that it's beneficiary to the growth of cryptocurrency, let's not forget too that this step will be a good growth to to Pornhub industry too.

Everyday, there are thousands of Pornhub accounts with users credit cards information hacked. It makes no sense paying for $5-$10 fee and losing $1000s of money in your account.

Moreover, watching porn is what most people like do in secret. Thus, they like to be anonymous. The digital currency offers that. So it's a win win situation; they need cryptocurrency more than cryptocurrency needs them.

Verge was the first one to be added. I don't even know if it's still an option to pay with XVG, but it used to be back when Verge's team decided to make a sh*tty move and paid PornHub to promote XVG on vans, on their main logo and add it as a payment option.

Other than giving Verge a quick pump and dump, nothing else good happened to it. Although Tether isn't really a cryptocurrency, it's good imo that they added a stablecoin. This way, volatility is avoided. Hopefully next one is BTC though. Grin

Grin

vintages

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This is not the first time that they are adding digital currency to their payment list. In as much as we all are saying that it's beneficiary to the growth of cryptocurrency, let's not forget too that this step will be a good growth to to Pornhub industry too.

Everyday, there are thousands of Pornhub accounts with users credit cards information hacked. It makes no sense paying for $5-$10 fee and losing $1000s of money in your account.

Moreover, watching porn is what most people like do in secret. Thus, they like to be anonymous. The digital currency offers that. So it's a win win situation; they need cryptocurrency more than cryptocurrency needs them.

kaneki007

sr. member

Activity: 1190

Merit: 257

Very good news pornhub added tether as a payment option after in 2018 adding Verge and partnering with pumapay, I hope they will add more cryptocurrency payments like BTC and ETH.

asriloni

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Quote from: Sithara007 on January 23, 2020, 10:17:44 PM

I have mixed feelings about this news. Tether is not a pure cryptocurrency. It is more like a fiat in crypto format. I don't understand why Pornhub is going for the Tether option, when the fact remains that it is very rarely used outside the exchanges. Tether is used to get around the restriction of using fiat cash in cryptocurrency exchanges. It has no other use and it is not suitable for making payments. I am saying this because when you use Tether, someone else is holding the value of those tokens, and you have no means to verify that your Tokens are 100% backed up or not.

It was no different when you are accepting paypal as payment as it was giving the possibility to create a payment option in the fiat balance too. As long as it's still traded on the various exchange site and it has high liquidity, and it's not so crucial about whether it was backed by 100% fiat money or not. Even some parties were announcing the audit for the USDT is not so loudly again.

Verge is not successful in being a replacement for paypal, and that's why that site is trying for another option. That site is still searching the excellent alternative for paypal that offers almost the same feature.

antsam

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surely this is good news because the wider open market for crypto use, don't look at it because it is a porn business, but this is a stepping stone for the crypto world

Sithara007

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I have mixed feelings about this news. Tether is not a pure cryptocurrency. It is more like a fiat in crypto format. I don't understand why Pornhub is going for the Tether option, when the fact remains that it is very rarely used outside the exchanges. Tether is used to get around the restriction of using fiat cash in cryptocurrency exchanges. It has no other use and it is not suitable for making payments. I am saying this because when you use Tether, someone else is holding the value of those tokens, and you have no means to verify that your Tokens are 100% backed up or not.

haraldschoner

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This is a huge opportunity for cryptocurrencies to be more active in these industries. Its a big deal and we might see the adoption that we have longed imagining. 👌

romero121

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This is truly a good news for all the crypto cum porn site users. Now through this they can stay anonymous to certain extent. Does people prefer to use paid porn sites when there are lots and lots of porn sites that provide contents free of cost.

This is something good to the cryptocommunity, but even this will be portrayed as a negative news by people who always look to point out something out of cryptocurrency.

alan2here

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WorkAsPro

Quote from: hello_good_sir on January 23, 2020, 08:39:56 PM

It's completely irrelevant news. I don't understand why anyone would be talking about this.

Their move initially to accept BTC was solely in response to the fact that Paypal has decided to not provide them with their services or them voluntarily abandoning paypal as a payment system (The former seems to be the case), so there is really no other choice for them in terms of online payments, other than credit/debit cards.

Whether or not Tether is being accepted is quite irrelevant to the fundamentals of the cryptospace.

I agree with you. Pornhub has the power to make decisions about their market and Tether is a new means of payment for everyone to buy premium accounts more easily. For me, this will not affect the next trend of the crypto market and certainly the value of other coins cannot rise in this way.

Anyway, the adoption of the stable coin by Pornhub in this market is very welcome and hopefully there will be many other floating companies that will adopt this means of payment around the world.

Coin_trader

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Quote from: Chrystora123 on January 23, 2020, 01:42:38 PM

Quote from: plvbob0070 on January 23, 2020, 11:12:08 AM

snip..

hopefully, this can encourage mass use of cryptocurrencies in the future.

You made me laugh mate. I believe you meant "to encourage mass pervy to use cryptocurrency".

Most of the visitor to Pornhub is Teenager and below which most of them used only the free version and don't have an account. The most user that have a premium account there probably has some fetishes on some porno type. So to make it simple. Only a few users there is actually might encourage on crypto but it is still good compared to nothing.

Lastly for an additional fun fact: Justin Sun is very happy for another FUD news. Maybe adding TRON as payment in pornhub will be the next big announcement upcoming on his twitter account. Cheesy

Cheesy

Aabcde

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In fact, this is one of the good news that more and more customers in Pornhub know USDT specifically and crypto in general.
Although its introduction through adult film media, the effect is definitely there on the adoption of crypto globally. We know that the porn industry is one of the best-selling in the world.

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