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Visa and MasterCard block PornHub: will crypto save it?
Visa and MasterCard block PornHub: will crypto save it?
Crypto

Visa and MasterCard block PornHub: will crypto save it?

By Alfredo de Candia - 11 Dec 2020

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Shocking news of the last few hours regarding the world of porn and PornHub in particular, as the erotic entertainment giant has had its credit card payment channel closed by both Visa and MasterCard.

The news is undoubtedly significant and is happening almost a year after the PayPal block which prevented PornHub from receiving payments through the service.

At this point crypto could be a solution.

With no Visa and MasterCard on PornHub, Bitcoin is an option

Already last year, PornHub started accepting other payment systems and opened its eyes to the crypto world by introducing several crypto assets and even stablecoins such as USDT, demonstrating good versatility.

Clearly even the most popular crypto, Bitcoin, has been added as a payment method along with Litecoin (LTC), effectively expanding the number of users who use these assets.

This is certainly an excellent example of the centralized system we live in, shaped by payment system giants that from one day to the next can disconnect and cut off our main payment and credit line.

And it is precisely where crypto come into play since they do not need any intermediary and cannot be censored by anyone. This is no small advantage as once the system is integrated there will be no one to stop it or additional costs to keep it active.

Moreover, it is worth noting that there are already tokens prepared for this sector and it would be enough to simply adopt them, such as the one linked to PornVisory (PVY), a token that has been designed to meet these needs of the sector.

This is a very multifaceted token because not only will it be possible to earn it by watching videos on the platform, but it can also be used as a payment to buy items in the sector. Having the advantage of being pseudo-anonymous, it avoids exposing compromising entries on our credit card statement.

 

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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