Crypto News

Pornhub turns to crypto payments to bypass Visa and MasterCard restrictions

BTC Peers Reporter

Popular adult site, Pornhub has turned to digital assets as the only payment for its premium services. This is coming after two leading credit card companies – Visa and MasterCard – withdrew their support for the site.

Visa and MasterCard revoked support for payment to Pornhub following a recent investigation by The New York Times. The investigation revealed that the website had become a hub for violent sex, non-consensual, and even child pornography.

In response to the restrictions from traditional payment services, Pornhub has turned to digital assets as the only payment option for its premium services. Moving forward, the adult site has rolled out support for several cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, USDT, and a host of others.

Although Pornhub is yet to issue an official statement, the company claims that the discredit campaign was being promoted by anti-pornography groups. In their words:

It is clear that Pornhub is being targeted not because of our policies and how we compare to our peers, but because we are an adult content platform. The two groups that have spearheaded the campaign against our company are the National Center on Sexual Exploitation (formerly known as Morality in Media) and Exodus Cry/TraffickingHub. These are organizations dedicated to abolishing pornography, banning material they claim is obscene, and shutting down commercial sex work.

Whilst there may be varying opinions on Pornhub’s switch to digital assets, the implications are quite enormous for the crypto space. In a 2019 report, it was revealed that the site receives more than 80,000 clicks per second. Pornhub is the 10th most visited site in the world, recording more traffic than Netflix, Reddit, and even Amazon.