> I've suspected that the next place cryptocurrencies will see usage for actual consumer payments will be porn.
It's been done, to various levels of success; it has it's humble beginnings with cam girls via BTC (look up Girls gone Bitcoin), and then as alts got traction post 2017 things like CUM (Cryptographic Ultra Money) [0] try to make headway but failed miserably as most alts usually do.
After Onlyfans threatened to take down all the adult content it had a real chance of making itself a MVP in this ecosystem, unfortunately these projects live and die based on short-term price swings and as you can see the value has made it essentially unfavorable for anyone but pump and dumpers.
I'd argue that BTC can and has shown more promise for sex workers, I've gone into detail about my first hand experience when in the early stage of my startup I interacted with the 'ladies of backpage' when Visa and MC shutoff access to purchasing ads on Backpage on here before. I just think that sex workers have enough on their plates that it shouldn't be this hard to just to solve something so trivial which many pay for, espcially if either Visa or MC want to be puritanical it.
It's been done, to various levels of success; it has it's humble beginnings with cam girls via BTC (look up Girls gone Bitcoin), and then as alts got traction post 2017 things like CUM (Cryptographic Ultra Money) [0] try to make headway but failed miserably as most alts usually do.
After Onlyfans threatened to take down all the adult content it had a real chance of making itself a MVP in this ecosystem, unfortunately these projects live and die based on short-term price swings and as you can see the value has made it essentially unfavorable for anyone but pump and dumpers.
I'd argue that BTC can and has shown more promise for sex workers, I've gone into detail about my first hand experience when in the early stage of my startup I interacted with the 'ladies of backpage' when Visa and MC shutoff access to purchasing ads on Backpage on here before. I just think that sex workers have enough on their plates that it shouldn't be this hard to just to solve something so trivial which many pay for, espcially if either Visa or MC want to be puritanical it.
0: https://coinmarketcap.com/currencies/cumrocket/