Bitcoin & Porn?

SocialSlut January 21, 2014 Comments Off on Bitcoin & Porn?

So I’m not stupid or anything, I promise. But there are just somethings in this world that don’t interest me at all. Like stocks or anything related to financial news. In fact, I used to date a guy who was SO interested. He’d come over and ask me about my 401K and all things financial. I found it cute for a while and it never bothered me that he cared to know about these things. But now that he’s gone, I’m left to do my own research. WTF is ‘Bitcoin’ and what does it have to do with my beloved porn industry?

Okay… so now I know what they are… but what’s the point?

Ah okay, there it is: buy merchandise anonymously. Now I see how bitcoins and porn might have a future together. According to PFhub.com, “If the entire porn industry adopted bitcoin and saw a 25% increase in revenue that $97.06 billion dollars [current amount] turns into $121.32 billion dollars. With those types of figures merchants everywhere would have to take notice.” The article sites that Porn.com has seen that 25% increase since they began accepting bitcoin, and that maybe the porn industry is exactly what bitcoin needs to be widely accepted by mainstream companies.

In the end, it’s fast, private and confidential payments, something both porn creators and porn consumers can get down with. So, we don’t know if the porn industry will adopt bitcoins or not. Let’s wait and see.

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