Today’s edition of Bitcoin in Brief showcases the continued rapid pace at which the cryptocurrency revolution is disrupting all segments of the business world, from the adult entertainment industry, to stock exchanges and even social networks.
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Stripper Promotes Bitcoin for the Adult Industry
Brenna Sparks, the exotic dancer last featured in the news about a Las Vegas club where strippers accept bitcoin payments via QR tattoos, has published a blog post in an adult entertainment industry portal explaining the advantages of cryptocurrency to her colleagues. While she notes it can help with privacy, fixing piracy and other issues, the main advantage is helping people in the business avoid paying almost 50% to middlemen.
Sparks writes: “Every time you perform or make content and distribute it, you’re losing up to half of your earnings to who-knows-what on fees alone…Nothing is more discouraging than to watch yourself give up nearly half of your earnings ‘just because’…Although greed does play a role, what plays an even bigger role is discrimination. The reason this issue exists is because common payment processors like Paypal, Google, Stripe, etc. will not allow you to perform a transaction related to any adult work, and Banks like BofA or Chase will close your account if they suspect you do adult work…Cryptocurrency offers a simple solution – ultra-low fees, no discrimination, and instant transactions anywhere in the world. No bank, company, or government can tell you what you can or cannot use your money on or where you can use it, and no more ultimatums that studios and performers have grown accustomed to.”
A post shared by Brenna Sparks (@brennasparksofficial) on Apr 28, 2018 at
