PayPal’s Exit from PornHub paving a Path for Crypto

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Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

PayPal’s Exit from PornHub paving a Path for Crypto

  • PayPal has stopped all the processes of transfer or payment for the models using PornHub via its network.
  • Justin Sun, co-founder and CEO of the TRON foundation viewed this as an opportunity to enlarge the already existing giant Blockchain system TRON.
  • The privacy-focused Cryptocurrency Verge (XVG) had already teamed up with PornHub to provide the necessary requirement of online privacy to its users.
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One of the biggest online payments organization PayPal informed in recent news that it has stopped all services from the adult video broadcaster PornHub, this news was a shock to the entire community of PornHub. PayPal has stopped all the processes of transfer or payment for the models using PornHub via its network. PornHub was one of the biggest clients to use the platform of PayPal for online payments. As per the report by PornHub on Twitter, this halt is going to affect many of the users who mainly relied on PayPal for online transactions from PornHub to their accounts. Now Pornhub has requested all the model users to switch to the basic transfer to bank accounts from the previous set of PayPal account.

As this news came into light, Justin Sun, co-founder and CEO of the TRON foundation viewed this as an opportunity to enlarge the already existing giant Blockchain system TRON. Justin on his official Twitter account shared the thought that PornHub already has the feature of TRON based payments and exchange in its vicinity. He concluded to introduce the USDT-TRC20 on PornHub’s platform.

Binance also took part in the twitter ensemble, for which it told the exit of PayPal from PornHub will give birth to new cryptocurrency exchange platforms within PornHub and its users as the Cryptocurrency bubble is already booming. This has fueled to conclude that Cryptocurrencies will become the ultimate payment medium in the Porn Niche.

As its commonly known, Cryptocurrencies design priority comes to the anonymity of the user and secrecy, that it should or cannot be tracked by anyone on the Blockchain ecosystem, this will be an added advantage to the PornHub community where they demand online privacy while using the website. As per the record, earlier this year, the privacy-focused Cryptocurrency Verge (XVG) had already teamed up with PornHub to provide the necessary requirement of online privacy to its users. This was first of its kind integration which the community believes this merging will only increase further in the coming times.

Another similar adult content broadcaster, CamSoda has started accepting Bitcoins earlier form this year to provide easy facilitation of payments in its domain. CamSoda also accepts ETH, LTC, Monero, and Zcash.

As of now, Cryptocurrencies is seen expanding in every domain, it might not be a shock if it has entered Porn industries which keenly says that Cryptocurrencies will expand in the remaining ecosystems.

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