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Can Bitcoin Save The Porn Industry?

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bitcoin and porn Can Bitcoin Save The Porn Industry?

Finally. A reason to buy bitcoin.

As I’ve mentioned before, the porn industry is getting killed by piracy.

Producing any kind of movie is expensive, including adult movies. Obviously some amateur porn videos are produced for approximately $0, but feature-length porn movies can cost upwards of $100,000.

So while we’re enjoying all this free porn, the reality of free porn is that porn studios are spending lots of money to produce the videos we watch for free and hardly any money comes back to them.

The big question within the adult industry since the beginning of the porn tube-site era has been, “How do we get people to pay for porn again?”. Could the answer be Bitcoin?  

What exactly is Bitcoin? Watch this Bitcoin PSA courtesy of WeUseCoins.com.

In other words, Bitcoin is currency of the internet.

In December 2013, Porn.com announced that they would start accepting Bitcoin as payment for its premium services (HD video, HD downloads, etc) and it quickly accounted for 10% of their sales. A post about Porn.com accepting Bitcoin in a Bitcoin subreddit would see the sales skyrocket to 50% and then eventually level off to 25% of sales.

Now, sites in the Mofos network will now be accepting Bitcoin. This is just a Bitcoin test, but if Bitcoin sales are good, Mofos’s sister sites Brazzers, Twisty’s, Digital Playground, Babes.com, and Reality Kings will follow.

Personally, I think that if the porn industry embraces Bitcoin, porn will start to be profitable again simply because people are apprehensive to enter their credit information on porn sites. By in large, porn sites are safe sites, however they’re perceived as dangerous. Not only that but no one wants a charge from a porn site on their monthly credit card bill.

At least Bitcoin is an alternative to credit cards that people might be more willing to splurge on porn.

But that’s all assumption. You should tell me what you think by voting in this poll!

Thanks for voting! And support your local porn studio and pay for some porn every now and then!

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I have to wear my glasses when I go to the theater. If you want to reach me directly, email me at cdusty@sex.com or Tweet at me on Twitter, @CDustysexblog.

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