Pornhub starts accepting cryptocurrency


via Verge

Pornhub has started accepting cryptocurrency as a payment option, the company announced today. 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.

Corey Price, VP at Pornhub, tells The Verge that cryptocurrency offers “convenience and security.” It’s a dubious statement, considering most digital coins have high transaction fees and volatile prices that can be a hassle for users. Companies like Valve and Stripe have ended their cryptocurrency support for those very reasons. Stripe has even gone as far as adding cryptocurrency to its prohibited businesses list.

“WE’VE BEEN LOOKING AT CRYPTO FOR QUITE SOME TIME”

Verge cryptocurrency has been pretty volatile, like other popular digital coins. Last December, when most digital currencies were on the rise, Verge cryptocurrency hit nearly $0.22 per coin but has since dropped back down. On the heels of this announcement today, it rose to about 10 cents per coin, which is still low compared to more popular digital currencies like Bitcoin and Ethereum.

“We’ve been looking at crypto for quite some time,” says Price, adding that Pornhub’s partner sites did accept limited cryptocurrencies back when Bitcoin had newly emerged as a digital currency. Still, Pornhub wasn’t one of the sites to include cryptocurrency as a payment method back then, likely because Bitcoin’s prices were still low.

Price says that even though “overall adoption is relatively low, we think it has gained enough steam for us to penetrate the market.” As regulators consider different ways of tackling the cryptocurrency industry, the company also has a legal team and accountants that have assured Price and his team “in the legitimacy of the adoption.”

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:smirk: well played :smirk:

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I think there might be a lot of Stiff competition in this market…

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This news might be hard on investors as some find it anti-climatic however, for some hardcore hodler s with skin in the game this news is still completely retarded

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Own pwn pwn

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Finally! You know how difficult it is trying to explain these charges on your credit card statements?

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dude the entertainment value is never ending around here!31%20AM

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Glad to see crypto penetrating another industry.

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This is just the tip of what’s to come!

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Came here for the puns and jokes. Not disappointed. Also, the tweet was icing on the cake.

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As a French guy, I find it funny that they are accepting Verge.

Check this out if you want to see what I mean: https://translate.google.fr/m/translate#fr/en/Verge

They couldn’t choose another one :grin:.

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hahaha someone involved with that project certainly had a sense of humor.:grinning:

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I think it will only go up

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For sure. They probably thought long and hard before deciding on Verge.

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Based on this partnership I can only see this getting Pumped and Pumped and Pumped then finish…

Just hope it doesn’t leave them a bad taste in their mouth…

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Can’t wait to fap to some porn I bought with verge

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You know there is a company called Stroken Token.

They started showing up at crypto conferences in the Bay Area about 3 weeks ago. Basically the token acts as a bounty. So, say somebody with a fetish for hotdogs or something sets a bounty of 90 strokentokens that can only be claimed if say somebody fills a hot tub full of hot dogs and jumps in.

Its very odd watching them set up their booth (which has some very spicy imagery) next to security tokens and what have you. If one thing I’ve learned from browsing these conventions its that most booths are boring as heck. Their booth always has traffic. Another thing they do well is the ability to actually explain what their token does, and why people will buy it.

You wouldn’t think that would be hard to do, but a lot of the times when I ask somebody what their token does and why I should care, they just start telling me how its made.

Porn tokens are a true utility token. As they give the user something they absolutely could never have gotten if the token never existed. So, I expect them to be around for a while, and as such I expect to see a flood coming in very soon!

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ohmmm when your cryptocurrency’s big announcement is we just payed to partner with a free porn platform (that btw you nubz gave us $$$ to pull off) time to ponder the future of your investment?? prolly

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