Just a few minutes from the much anticipated Verge (XVG) announcement, it was revealed via Reddit that Pornhub was the new partner that Verge had managed to acquire. Further investigation of the claim shows that Pornhub.com does indeed accept Verge as form of payments for its subscriptions that range from $9.99 per month for a one time payment, or at a discounted rate per year of $95.88. The latter tabulates to $7.99 per year: $2 cheaper per month than the one time monthly fee.
In the pornhub subscription page, the site describes the news as follows.
The future has come. In our efforts to keep current with our communityโs 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 Vergeโs 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.
With this statement, Pornhub is in line with protecting the privacy of its users in an age where there is a crackdown by the FBI on sex marketplace websites such as backdoor.com. The site was seized by the said FBI less than two weeks ago. This is in a bid to end forced prostitution and child exploitation from continuing in the web under the disguise of regular escort services. Pornhub is keeping pace with changing technology and offering satisfactory customer service with the added benefit of privacy.
Vergeโs Wraith Protocol allows the user to switch between the public and private ledgers of the network. This means that the financial privacy of the user is guaranteed. What the user needs to provide on pornhub.com is a username, password and an email address.
Haha I've been seeing this all day... this is crazy. Well I guess if the adult film industry is adopting crypto must be here to stay haha :P
Keep up the good work @techworld9!
Hh but now xvg down 25%
Yeah but i think that's normal after news, coin should still be good long term wise.
Yes but i think after news xvg down from .000001200 to .000000800
Yeah that was a crazy drop but a lot us saw it coming. You know "Buy the Rumor, Sell the News"
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The news was huge for Verge, and Believers in Verge, alike. However, so far in the Crypto market, it doesnโt seem to be driven by actual, factual news: its driven by speculation and FUD. At this point, there are far too many day trade types, and far too few actual believers in the cryptosphere. Everyone is just out to make a quick buck and move onto the next winged angel. The one thing that genuine believers have to grasp, it that FUD will sink a crypto, and Good News about a tangible step up in the right direction will sink a crypto. It makes absolutely ZERO Sense, but when you consider that 95% of the investors are not educated in trading, or are at best Novices, it begins to make some sort of obtuse sense. They Buy the Hype, and Sell the Actual Good News Down the Toilet. Nothing Verge could have announced today would have made a damned but if difference. If they announced that they partnered up with Amazon, Google, and Microsoft, the Throng Of Mindless Crypto Zombies would have Sold Out Just the Same. Sorry state of Crypto: Controlled by Hype, and Hype Alone.
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