Pornhub Starts Accepting Cryptocurrency For Premium Subscription

Pornhub Starts Accepting Verge As Payment For Premium Subscription

Adult entertainment giant Pornhub has announced a partnership with cryptocurrency Verge (XVG) that will now allow its users to make payments for its premium content in “privacy-focused” cryptocurrency. Verge (VXG), which is a secure and anonymous cryptocurrency, will allow Pornhub users to purchase a premium subscription as well as other available purchases without the fear of leaving a trace on the adult website.

In an official press release on Tuesday that was accompanied by a video, Pornhub states: “The future has come. In our efforts to keep current with our community’s privacy and payment preferences, Pornhub will now be accepting Verge as a means of payment for services like Pornhub Premium and more, on our platforms. Building on Verge’s core values of security, anonymity, and practicality, the introduction of this cryptocurrency as a means of payment Pornhub signifies an important foray into the future from the industry that is always on the cutting edge of technology.”

Pornhub Vice President Corey Price said in the press release that “[n]ot only is this an exciting announcement for us and the adult entertainment industry, it’s exciting for the crypto space.” He further added, “History has proven that the adult entertainment industry plays a critical role in the adoption of 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.”

In January 2018, the Pornhub’s suggestion page had received close to 6,000 votes requesting the website to start accepting Verge payments.

In a statement, Pornhub said that Verge was an obvious choice when it came to a cryptocurrency partnership on its site purely for its emphasis on user anonymity. “Verge is a secure and anonymous cryptocurrency, which is very near and dear to us here at Pornhub,” the statement read. “[Verge] provides that extra layer of security many people look for, particularly in the adult entertainment industry.”

While Verge’s cryptocurrency transactions are available for anyone to see through its public ledger, Verge, which is built on the Bitcoin (BTC) Blockchain uses Tor and I2P networks to maintain its anonymity, the press release notes.

According to Pornhub, the currency allows for anonymous transactions “by obfuscating the IP address and geolocation of its users so that they are untraceable.”

Justin Sunerok, the founder of Verge, said that the Pornhub partnership “represents an enormous market with a global reach that will compete with fiat currencies.”

Pornhub joins big platforms such as Reddit, Valve, and Stripe to include cryptocurrency as a payment option. In fact, even Pornhub’s adult sister sites, Brazzers and Nutaku, will now accept Verge cryptocurrency.

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