Cryptocurrency Finally Takes Off In The Porn Industry

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According to recent market research conducted by the porn studio VogoV, as of 2018 about 470 adult video sites, 50 webcam platforms, and 35 sex shops worldwide accept cryptocurrencies (crypto for short) as a form of payment. That may seem like a lot, but relative to the overall size of the sprawling adult industry, it really isn’t. In fact, for an industry that prides itself on a history of early tech adoption and popularization, from VHS tapes to internet payment systems, porn has approached this new form of remuneration gingerly at best. Big and well known companies especially, like Pornhub and Wicked, flirted with accepting crypto for years before making any moves. And most sites long focused on accepting…