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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

PornHub Now Pays Models In Tether Through Tron Crypto Wallet

Tony "The Bull" Severino
Tony "The Bull" Severino
5 years ago
3 mins read
crypto tron pornhub payment tether

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Pornography powerhouse PornHub has updated its list of payment methods models receive for payouts for pornographic performances. Among the list of payment methods, includes the controversial stablecoin Tether available for secure payments through a Tron cryptocurrency wallet.

PornHub Offers Tron-Based Tether Payments To Adult Industry Models After PayPal Disaster

PornHub has announced via their payment methods blog for models, that they have updated their list of available payment methods to include Tether (USDT) and an adult industry-focused payment app called Comso Payment.

The new payment methods on PornHub are in response to PayPal giving models the shaft two months ago, by stopping any and all payments made to adult industry performers.

Related Reading | Pornhub to Accept TRX While Tron Buys BitTorrent for $118 Million

Payments are made directly from PornHub to models through the TronLink wallet, a cryptocurrency wallet app designed for assets running on the Tron protocol.

Tether, the controversial stablecoin tied directly to the value of the US dollar, was recently moved to the Tron blockchain, from Ethereum, and prior to that, the stablecoin was built on omni-layer Bitcoin.

https://twitter.com/pornhubhelp/status/1220106648783675396?s=21

Can Porn Bring Adoption To Crypto Like It Did the VHS, DVD, and More?

PornHub also offers models a short tutorial on how to use the new technology to set up a wallet, and generate a mnemonic phrase.

The porn industry is often where young technologies find their footing.

It happened for the VHS, if you’re old enough to remember those. And it happened again for DVD, and the porn industry even was the deciding factor in the recent Blu-ray versus HD-DVD format wars a decade ago.

Next, the porn industry could help bring cryptocurrencies to the forefront by slowly educating the masses on its existence and use.

The fact the adult industry itself is often shrouded in secrecy makes it a perfect place for cryptocurrency adoption to occur silently.

Even Bitcoin itself saw much of its early adoption take place via the Silk Road dark web marketplace, where drugs, weapons, and more could be purchased illegally using the cryptocurrency.

Related Reading | Alleged Silk Road Drug Dealer Arrested For Using Bitcoin For Money Laundering 

But unlike Silk Road that lived in darkness, PornHub is among the top 50 largest websites in the world, ranked globally. The platform receives visits from millions upon millions of users from around the globe.

If major sites like PornHub and others regularly bring visibility to crypto assets like Tron, Tether, and others, it could be a major boon for the space.

In the past, other porn brands have also allowed users to pay for content via cryptocurrencies, and many crypto assets themselves are designed for use across the porn industry.

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Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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