Cryptocurrency and Sex Industry Connected: How Does it Work?

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Along with ordinary users, authorities and financial institutions began to be interested in large companies that create content for adults – sex toys production, porn studios, dating apps developers.

Follow Nexter to learn how cryptocurrency and sex industry are connected.

How does it work?

In 2017, the popularity of cryptocurrency has grown so much that even those who didn’t take it seriously began to monitor the further changes in prices.

For instance, the rapid rise of Bitcoin gave a basis for its popularity, however, for the last month it overcomes significant changes almost every hour and thus considered unstable.

Moreover, people started to launch their own cryptocurrencies inspired by memes (Dogecoin), and release various apps to monitor Bitcoin price changes while playing with cutie-cat

Read more about cryptocurrency here.

Today even the sex industry interacts with digital money. See how it works.

Porn industry and digital money

Actors who take part in adult films and those who provide some type of sex services have faced problems with money transfers.

Financial structures simply refuse to process transactions to their customers, identifying the money were sent by porn studios.

Porn actors have to take cash or open premium bank accounts with the 50% fees.

To deal with this issue, the SpankChain service was created to pay actors Ethereum for their work.

Source: politico.com

Sex toys and cryptocurrency

Recent changes in Bitcoin price has influenced the users of sex toys the most. The users of BitCast users actually “felt” it.

BitCast platform allows users to connect sex toys to the state of the price of cryptocurrency. The devices connected to the charts almost immediately reacted to the change of the digital currency rates.

The more the price is, the stronger the sensations from the “special” toy are. But, the users of such devices will be disappointed if this huge bubble blows up.

Source: tnwcdn.com

Sexcoin and Titcoin

Sexcoin is another strange cryptocurrency that is created for payment in sex shops and on porn sites.

This Cryptocurrency market capitalization is more than $1,2M, and the cost of one token is approximately $0.118722.

Also worth recalling Pornhub cryptocurrency – Titcoin. Here the situation is much more interesting.

Firstly, the user must install the application (only women can use it), then, after making a purchase in one of the partner networks, take a picture of their breast.

After that, the photos will automatically fall into the “amateur” section on Pornhab, and the website will pay the amount the customer spent in the store.

The company has already paid half a million dollars!

Source: si24.it

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Surprising Link Between Cryptocurrency and Sex Industry
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Surprising Link Between Cryptocurrency and Sex Industry
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Along with ordinary users, authorities and financial institutions began to be interested in large companies that create content for adults - sex toys production, porn studios, dating apps developers.
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