Why Are Erotic Creators Turning To Cryptocurrency?

Episode 5 of the documentary series CRYPTOLAND published on Motherboard’s Youtube channel discusses how cryptocurrencies transform the social and cultural structure. We all know that cryptocurrencies have a mission to shape the future. But what we’re going to talk about now might sound a bit interesting.

Erotic content producers and sex workers He says that they are discriminated against by banks because of their work and lifestyle, and therefore they tend to prefer cryptocurrencies.

In the documentary, it is said that people who produce erotic content are banned by all platforms and applications where normal payment methods operate. As a matter of fact, sex workers and erotic content producers are not very happy to receive such a reward for their services. For this reason, they do not feel uncomfortable being a part of their identity. to cryptocurrency they seem to be headed.

Content producers make a living by producing custom underwear, video clips or socks for their customers. What sex workers are uncomfortable with is that banks conservative encounter the structure.

The fact that sex workers and erotic content producers turn to crypto instead of banks is because they know that there will be no hindrance to their work.

Content producers and sex workers remotely, anonymous They want to be able to do their job as an independent bank, so they move away from the conservative structure of banks. Payments cannot be tracked because cryptocurrencies have an anonymous mechanism compared to traditional finance methods. We can say that the decentralized payment method of cryptocurrencies is a rival to replacing traditional payment methods that have been preferred for years.

Now NFT and cryptocurrencies Thanks to this, the porn industry has renewed itself. Previously in the documentary of OnlyFans It is treated that he lost his subscribers due to the problems caused by traditional methods. It is also stated that Visa and Mastercard parted ways with Pornhub and prevented hundreds of employees there from doing their jobs.

As you can see, traditional payment methods have caused erotic content producers to cause more financial losses. So what is the advantage of crypto in this case?

Crypto

Cryptos for erotic creators traditional banks It does not impose an obligation to take money in hand. Customers of sex workers can get their money back more easily in crypto money, and this is an advantage for sex workers.

In this respect, cryptocurrencies are quite capable of breaking cultural patterns. functional we can say. At the same time, bitcoins have the potential to create a new culture and therefore have a cultural appeal for users.

There are many famous names investing in cryptocurrencies, as well as famous social media giants. Twitter, TikTok and Reddit Examples like this seem to support bitcoin. For this reason, cryptocurrencies attract the attention of many people who do their business using digital networks as well as ordinary people.

The language of social media is being built with cryptocurrencies!

coin

Many service fees on social media are now paid with cryptocurrencies. Even the payment itself can be said to have become social. Professor Utpal Dholakia, who studies the financial decision-making behavior of consumers, human behavior of social media He says he directs.

The fact that the language of social media is built on investments in cryptocurrencies allows people to invest more in cryptos and take risks in their investments. when you think stock It can be boring to look at the prices regularly.

Now, the excitement of an investment like bitcoin, which is constantly watching with different dynamics, always keeps the excitement at its peak. Bitcoin Even if you check it 10 or 20 times a day, you don’t get bored because you always see a changing scale. Thus, cryptocurrencies become a creative technology for imagining a future that you know will be rich one day.

As if one day you will turn the corner…

bitcoin

Cryptocurrencies are thought to open the door to a wealth that can be produced over time. Cryptos are a serious problem, especially for the young. to the investment object has been transformed. The global economy is making progress towards greater investment in the digital ecosystem.

Everything from the investment to the transfer of money is done without being tied to anything physical. The fact that it is paperless and inexpensive makes things even easier. Although cryptos are similar to regular currencies, they are a medium of exchange designed for the exchange of digital information. While providing digital information exchange of cryptos scam prevention is also a bonus in terms of preferability.

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No vulnerabilities! Everything is under control…

OnlyFans

Cryptocurrency is completely decentralized to the owner belongs. There is no control by governments or banks. The information of the coin holders is recorded and encrypted, but this is not the case for cryptos.

Moreover blockchain Thanks to technology, it is unhackable and thus identity theft is prevented. One of the issues that sex workers and content producers struggled with was this privacy issue.

Not to be followed by traditional banks because of the work they do, in secrecy We can say that the execution of cryptocurrencies reveals the exchange value of cryptocurrencies. In addition, the ease of access to cryptocurrencies and the fact that all you need is an internet connection and a smart device shows that cryptos are more preferable for sex workers.

Resources: 1, 2, 3

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