Pornhub, the internet’s largest pornography website, has announced plans to roll out of further cryptocurrency payment options, incorporating Tron (TRX) and ZenCash (ZEN). The news comes three months after the Canadian video sharing giant began accepting Verge (XVG) payments for its services, and puts the site firmly ahead of the curve in terms of the mainstream adoption of crypto payments. Users will soon be able to pay for services on a range of affiliated websites with no less than three cryptocurrency options.
Today’s announcement would seem to represent more bullish news for Justin Sun’s Tron, who recently acquired the file sharing service BitTorrent in a deal reported to have cost some $118 million. That said, reports of the Verge “partnership” with Pornhub in April seemed to catalyse a 30% drop in the currency’s market cap. In any case, today’s announcement points to a clear move to build a solid user-base for crypto and as such must be seen as a step in the right direction when it comes to mainstream adoption.
Pornography has historically led the way in terms of the transmission of new media and technology. The adoption of VCR, the early development of the internet, and even the printing press were partly fuelled be the (ahem) dissemination of erotica and pornography. It seems crypto might prove no exception.
Pornhub VP Corey Price pointed to the clear advantages offered by crypto payments, most notably their anonymity and security. In an enthusiastic endorsement, he observed that cryptocurrency use is “exploding”, and said that he hoped the site could be a “precursor for widespread adoption across the industry.”
