SEXTECH.EVENTS

Why Blockchain and cryptocurrency won’t save the adult industry

The adult industry’s biggest foe doesn’t lurk in the halls of government. You won’t find it delivering thunderous sermons from the pulpit, or picketing the annual conventions. No, it’s something entirely different: the financial services industry, which has long stymied adult entrepreneurs from monetising their content. Performers and corporate organizations alike frequently struggle to obtain credit card payment processing services, in addition to business and personal bank accounts. This aversion comes down to two main factors: first, while the adult industry carries a stigma, the financial services industry will refuse their business out of a desire to preserve a “family […]
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