Update, Pornhub's Premium Services Now Default to Crypto Payments only!!

Updated: Dec 16, 2020



Interesting!

Announcement from the site.

The "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.


What is Verge?

"Verge is a decentralized open-source cryptocurrency that claims to offer anonymous transactions by obfuscating the IP address of users with Tor, making it difficult to determine the geolocation of its users".

Ok, seems like a prefect fit!


During the first week of September, the world’s largest adult web portal Pornhub expanded its payment options by adding bitcoin and support for three other cryptocurrencies.


However, after Mastercard and Visa severed ties with Pornhub last week, the company’s premium services payment processor now defaults to cryptocurrency only.

Verge, XVG price got a helping hand as Visa and MasterCard cut off Pornhub.




Pornhub is by far the largest adult website in the world, as the site provides pornographic video sharing services to billions of people across the globe. According to similarweb.com page ratings, the adult site is the 10th most trafficked site on the web and the company claimed to have 42 billion visits last year. Estimates say that 11,082 hours of video is watched per minute on Pornhub, and ever since the Covid-19 lockdowns traffic has skyrocketed. However, the company has been dealing with financial issues, as the leading payment processors Mastercard and Visa cut off Pornhub last week. This means individuals looking to purchase the company’s premium services cannot use a credit card for payments.


Since the financial blockade by Mastercard and Visa, Pornhub’s premium services plans now must be paid with cryptocurrencies, as that is the only option available. If a user wants to purchase a plan that starts off at $9.99 a month or a yearly plan with a one-time payment of $95.88, the person has 13 cryptocurrencies to choose from.


#insiderkk


Not sure what to think on this? Is is good for the cryptos in the mainstream, or makes it more shady? Whatever, I've been told many people subscribe to such sites. :)




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