Pornhub has added two additional cryptocurrencies to its list of payment options – and one is a bit of a surprise.
Litecoin (LTC) has been growing in popularity in recent years, but that’s not the shocker – for the first time, Pornhub now accepts Bitcoin (BTC) – a cryptocurrency with a name synonymous with virtual money.
Launched in 2008, just one year after Pornhub, Bitcoin is easily the most recognizable name in virtualized coins, and to say it has arrived on a site the size of Pornhub means it truly has “arrived”.
Cryptocurrencies are managed via the blockchain. You may have seen it mentioned in all kinds of positive and negative situations. The approach provides an almost infallible accounting system, and levels of security and anonymity that even a Swiss Bank would struggle to match. The downside is that it takes the literal energy output of a country to process transactions made on this blockchain, due to the way in which they are verified.
Pornhub has dabbled in crypto in the past, but Verge, its first option is far more niche than the more widely recognized Bitcoin. However, it has allowed the site to “grow into” virtual currencies with the arrival being something of a ‘coming of age’.
Pornhub Vice President, Corey Price, says that “[…] with over 130 million visitors per day, Pornhub is excited to now offer two widely-used and leading digital currencies for our users. “Our team continues to pave the way for tech development, testing, and implementing new technology for everyday consumers far ahead of the mainstream market.”
Whilst that has historically been true – porn has led technological innovation in the past – implementation of bitcoin payments don’t really qualify as this in 2020. It has taken a surprisingly long time for the biggest porn tube site to support the biggest cryptocurrency.
One piece of advice: cryptocurrencies are liable to more fluctuations in the exchange rate than regular coins. Check this exchange rate regularly and make sure you aren’t overpaying for your porn.
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