After one week ago experiencing problems with Visa and Mastercard, Pornhub is now seen starting to adopt cryptocurrency as a means of payment.
Cryptocurrencies Enter Pornhub
One of the platforms in the adult world that is starting to adopt crypto currency is the realm of legal online pornography. In particular, Pornhub is currently adopting a cryptocurrency.
After one week ago having problems with Visa and Mastercard, Pornhub is now looking to start adopting cryptocurrencies. The use of this crypto currency is to replace the lost provision of Visa and Mastercard as the site’s credit card payment services.
The loss of cooperation arises as a result of the number of videos that are deemed to be less than the limits of liberal morals. This case also brought Pornhub into the New York Times magazine on the accusation that they were moving unethically even though it was legal.
As a result Visa and Mastercard cut ties with Pornhub and is currently the only payment method for subscriptions via cryptocurrency. Previously, the same thing happened with PayPal in 2019 due to the lack of ethics of Pornhub in several areas according to PayPal.
Crypto Usage Mechanism on Pornhub
However, the adoption of crypto in this platform has become a clear proof that cryptocurrencies are indeed free and decentralized. This is because crypto currency is a transaction tool that was created to provide freedom.
Thus, currently the real nature is being exploited and is expected to continue in the long term. At the moment, it seems that the payment methods on the platform are restricted with the use of crypto exclusively in a few countries.
The majority of countries that are restricted in payment by cryptocurrency only seem to be the countries with the most users. Countries such as America, Japan, and the UK are some of the countries that have a large number of users and have limited payment methods using crypto.
These countries include America, England and Singapore. Other countries, such as in Europe, still seem to have the option of paying through banks.
Some of the cryptocurrencies that are allowed for subscription transactions are Verge (XVG), Tron (TRX), Tether (USDT), Bitcoin (BTC), Bitcoin Cash (BCH), Dash (DASH), Ethereum (ETH), Ethereum Classic (ETC) ), Litecoin (LTC), Monero (XMR), NEM (XEM), Tether (USDT), Tron (TRX), Verge (XVG), ZCash (ZEC), and Waves (WAVES).
Pornhub Promises to Fix the System
Currently, there are very many negative sentiments that arise against Pornhub as a result of the accusations that were written in the New York Times. Pornhub replied with great regret that everything that had happened was out of control and in the process of being repaired.
But Pornhub doesn’t feel the need to apologize for things that are outside of society’s standards because they think it’s normal. However, related to several matters that are still in the realm of moral ethics and legality, they will still be followed up.
So, at this time Pornhub feels that it is not disadvantaged by the departure of Visa and Mastercard due to the existence of crypto currencies and the large number of paid users. However, in the future, Pornhub promises to be more careful and pay more attention to the content of the site and the services it provides.
However, the adoption of this cryptocurrency is a clear testament to the freedom and decentralization that are driving their respective needs. So, in the future the use of this crypto currency will expand into other domains which will also be surprising.
#cryptocurrency #usable
