Since I was young, I’ve always been a nerd when it comes to technology and gadgets. I first came across digital currencies in 2015 and was fascinated by the whole concept. At the time, however, I had no idea how they would influence the sex industry from Titcoin to Bitcoin brothels.
Don’t worry, this isn’t an article designed to shill you random currencies to invest in. I don’t recommend investing in anything and this is certainly not investment advice. This is simply a guide to the world of digital sex and the range of quirky digital currency projects that have popped up in the sex scene.
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The first Bitcoin brothel appeared in the UK
It’s fair to say that Bitcoin has only really become mainstream in the last three years or so. Prior to that, it was a very niche area. Regardless, one innovative brothel in the UK made history when it became the first business to offer sex for Bitcoin.
Situated in the home of Black Sabbath, the VIP Passion escort agency announced they would be accepting BTC in 2013. They even added a convenient QR code to their site so that clients could book and pay for services with ease.
As well as a workaround of nightmarish credit card charges, this method of payment offered other benefits for working girls. Some cited prevention of fraud and being paid with counterfeit money as one of the upsides of adopting digital currency.
Digital currencies have provided a safe haven for many sex workers
For many sex workers around the world, traditional financial institutions have often proved to be anything but friendly. Trying to maintain anonymity for their own, and their client’s, safety can become increasingly difficult. Not to mention fighting censorship.
But for many, digital currencies have provided sanctuary. When Paypal refused to process payments to adult content creators, it cut off a vital supply of income. Digital currencies provided a way to diversify their income and overcome these hurdles.
Another example is when VISA and MasterCard pulled out from Backpage.com, which many independent escorts used to advertise their services. As a result, many were left to rely on digital currencies to pay for their listings.
The Bunny Ranch in Nevada accepts BTC too!
Whilst the British brothels were the first cathouse to accept Bitcoin, others soon followed by their example. In 2018, the rather notorious Bunny Ranch in Nevada also announced its adoption of BTC as a payment method for sex.
Although a bit later than their British counterparts on the crypto front, the Bunny Ranch has never been shy of innovation. They claim to be one of the first brothels to have a website, a podcast, and even the introduction of real feel sex dolls amongst their team of beautiful women.
The first Bunny Ranch girl to accept Bitcoin for sex was Lana West. She received a four-figure sum of Bitcoin in exchange for sex and BTC soon became a popular payment method for the more tech-savvy brothel visitors.
Wankcoin provides a crypto method of paying for porn
For those looking for an adult payment method that’s both secure and discreet, one of the recent adult cryptocurrencies to hit the scene is Wankcoin. An Ethereum blockchain-based cryptocurrency, Wankcoin has formed partnerships with over 100 different adult membership and porn sites to provide users with an anonymous and secure payment method.
Adult NFTs have led to some great porn art
Non-fungible tokens (NFTs) can be described as digital containers. Inside is often a one-of-a-kind collectable like a rare autographed photo or a unique work of art. When it comes to the latter, NFTs have resulted in some great porn art. Particularly by a Femdom artist called Cryptonatrix.
“Cryptonatrix is a dominatrix and artist who specializes in what she refers to as commentary on political or social happenings with femdom themes.”
– Rolling Stone
From a strap-on cock version of Michelangelo’s Sistine Chapel to Elon Musk being asked for the safe word in a Femdom trampling session, her work is beyond unique. As a result, the art of Cryptonatrix often sells for hundreds of thousands of dollars.
When it comes to artwork and other adult content like this, NFTs are increasingly playing a huge role. The decentralized aspect of these tokens is one of their main selling points. It has become an effective way of getting around porn censorship and the verification process of the blockchain authenticity helps to fight porn piracy.
Titcoin has taken the porn industry by storm
Britcoin, shitcoin, and last but not least, Titcoin. There are so many options for wordplay with the world’s first digital currency. But the latter has to be my favourite. It’s a form of digital currency that pledges to revolutionize the adult industry from porn producers to amateur content creators.
Founded in 2014, the initial use of Titcoin was marketed as a cryptocurrency that provides porn and adult industry consumers with the chance to pay for adult products and services without incriminating payment histories appearing on their bank statements.
But Titcoin since developed into serving another purpose for adult businesses. This innovative adult cryptocurrency boasts zero chargebacks and overall freedom from having to deal with conventional banks and financial institutions, many of whom are increasingly hostile to the adult industry.
Naturally, Titcoin didn’t go unnoticed. A mere year after its release it was nominated for two coveted XBIZ Awards for Alternative Payment Services Company of the Year. But it remains to be seen if it will become a widespread, mainstream payment option across the adult industry.
From Titcoin to brothels, a conclusion:
Digital currencies and NFTs are symbolic of the age we live in. Love them or hate them, they are here to stay. Personally, I love the positive elements they bring to the adult industry and how they empower adult consumers and content creators alike. Particularly in a world increasingly facing censorship.
