Sex And Cryptocurrency | Bitcoin Documentary | Anonymity And Privacy Payment.
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Watch Bitcoin Documentary Video: Sex And Cryptocurrency | Bitcoin Documentary | Anonymity And Privacy Payment.. Two years ago, Gabi was struggling to maintain a career in the adult industry. She worked long hours streaming live as a cam model and producing video content for her online audience, but the job didn’t seem to be paying off.
Since most major credit cards and payment platforms won’t process payments for adult services, including live-streamed erotic content, cam models like Gabi have to use specialized platforms to stream live shows and process payments from fans. Unfortunately, these sites can be extremely competitive, and some use ranking systems to determine models’ visibility on the site based on their time spent online.
The longer you spend online without making any money, the lower your ranking drops,” Gabi says. “That puts you in a position where you literally have to work for free for days and days and days. Every hour that you spend online without getting tipped, you can just hear the ranking number dropping in the back of your head. It’s extremely anxiety inducing, because the lower you get down in the rankings, the less your chance of making any money to bring your ranking up.” She’d been burned by this system many times. One site, Gabi says, required a 65-percent cut of her tips, in addition to the rights to use her image for advertising purposes as they saw fit. “They advertised me as a ‘Local sexy single in your area ready to fuck for free,’” Gabi says. “Nothing about my services are free.”
Anonymity and Privacy
Many adult entertainment websites have created new ways users will be able to protect their identity details through crypto payment systems. In a research conducted, 470 adult video sites, 50 webcam platforms, and 35 sex shops worldwide now accept cryptos as a form of payment. Dash, Monero, and Zcash are considered to be the best coins for private transactions for adult content sites.
Cryptocurrency transactions are recorded anonymously on a decentralized public ledger, making it challenging to track a person’s pornography habits. For the adult webcam industry, transparency and privacy are the most valued features of crypto, as provides authenticity and parties are known only by online handles and payment addresses.
There is a fear that people in banks or homes will be able to tell which kinds of adult materials a user consumes through their credit card bills. Getting caught viewing or purchasing adult content may cause significant legal and social risks, especially in certain jurisdictions.
The increasing interest in cryptocurrencies being used in the adult entertainment industry is a signal that cryptos are here to stay.
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