Porn Will Be Bitcoin's Killer App

Posted by timothy on Friday January 17, 2014 @09:08PM from the we-call-this-the-duh-factor dept.

An anonymous reader writes "In December, porn.com started accepting Bitcoin for its premium services, and the virtual currency quickly came to account for 10 percent of sales. At the start of January, a post on Reddit's Bitcoin subforum boosted the figure to 50 percent, before settling down to about 25 percent. The tremendous interest has led David Kay, the marketing director at porn.com's parent company Sagan, to talk very positively about the virtual currency: 'I definitely believe that porn will be Bitcoin's killer app,' he told The Guardian. 'Fast, private and confidential payments.'"

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Re:Another day another bitcoin article by Flammon · 2014-01-18 01:12 · Score: 5, Informative

Bitcoin is not a pyramid. A pyramid is a scheme where a few at the top depend on a large base to keep it going. Bitcoin is a peer to peer system like BitTorrent. Hard to believe you got a score of 5 Insightful for such a non-insightful comment.

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