Pornhub has started accepting cryptocurrency as a payment option, the company announced on Tuesday . The site now accepts Verge cryptocurrency (no relation to The Verge), a rebranded version of Dogecoindark, which split off from the original meme coin, Dogecoin, in 2014. Now, users can pay for any Pornhub features, including a Premium subscription, using Verge cryptocurrency. Pornhub’s adult sister sites, Brazzers and Nutaku, also accept Verge cryptocurrency now.Verge cryptocurrency is anonymity-focused, which is why Pornhub executives say they chose it over other potential partners. It should be noted that anyone can view Verge cryptocurrency transactions through its public ledger, but it uses the anonymity tool Tor and an anonymous network layer I2P to hide specific transactions’ IP addresses and locations. Since public ledgers often have their downfalls in protecting anonymity, users also choose to hide on Verge cryptocurrency’s private ledger.
So you can be extra incognito???
This can help pump verge for sure. There are lots of pervs holding cryptos.
The anonymity can bring lots of customers to them. This is one smart move by pornhub. Lot's of desperate husbands and wives will surely visit the site cos of its anonymity when paying.
I think that this partnership can make a bad reputation for Verge. I don't know what they really expected, but the reaction of crypto community was very negative. You can see it from XVG price chart. The price decreased almost by half just after the announcement.
Was the decline in the price really brought by the sudden announcement of verge partnering with the said adult site? I really am not quite sure if it is. With regards to the reputation, nobody really cares about it when it comes to money. After all, this is a coin, doing a major step out of the "comfort zone" and actually leading itself into actual use.
The only thing negative here is the irony about this is that the community whether it is the crypto or just the social community, we tend to think that adult sites and porns are taboo (yes, it is explicit but not taboo) and still, a lot of people are, in fact, using such site anonymously. That is why verge is perfect for it.
I really don't think thats the main reason. People doesn't really care as long as they get profit from it. Pornhub accepting verge won't affect verge's value at all.
If the news is true seems like a smart move for them, ignore the haters saying crypto shouldn't be used for . The whole point of crypto is to protect privacy and if people want to spend their crypto on porn good for them. The more adoption the better.
I totally agree with you on this. It's a strategic move done by pornhub to increase incoming customers cos privacy and anonymity. This won't affect verge it will surely pump the coin since lots of pervs all around the world.