Distasteful Content and Digital Currency: A Love Match

May 10, 2018

Porn Site Leads Way in Cryptocurrency Acceptance

While it sounds like a surprise at first, a partnership between pornography site PornHub and cryptocurrency upstart, Verge, is a perfect pair. Increased privacy, especially when credit card statements are sent home at the end of every month, has an indelible appeal to porn customers. We learned about this interesting development from a recent article in Digital Trends, “Want to Hide Your PornHub Subscription? Pay with Virtual Verge Currency.”

According to the story:

“History has proven that the adult entertainment industry plays a critical role in adoption for innovative technology. We saw that with VHS, Beta Max, credit card payment icons and, most recently, VR goggles. We expect to see widespread adoption of crypto and blockchain in short order.”

This is a really interesting point and one worth thinking on for a moment. However, there’s also a serious risk to being the first person to set a trend. For one, how much do most customers know about Verge? A little digging shows that they had been hacked less than a month before this Pornhub announcement. Security is probably the number one concern of anyone getting into cryptocurrency. While this partnership with Verge and Pornhub makes perfect sense, it’s still a little early in the relationship for us to give it much of a blessing.

Patrick Roland, May 10, 2018

Written by Stephen E. Arnold · Filed Under ECommerce, Financial, News

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Stephen E. Arnold monitors search, content processing, text mining and related topics from his high-tech nerve center in rural Kentucky. He tries to winnow the goose feathers from the giblets. He works with colleagues worldwide to make this Web log useful to those who want to go "beyond search". Contact him at sa [at] arnoldit.com. His Web site with additional information about search is arnoldit.com.