There are not many industries that will benefit from cryptocurrencies as much as the adult industry. Two of the most important factors are customers who are wary of credit card fraud on adult sites, and that privacy is a must for most. Moreover, many adult sites struggle with payment processing companies which are reluctant to work with them, charge high fees and sometimes terminate accounts without notice, putting companies at risk of bankrupcy. That all could soon be history, thanks to cryptocurrencies. The multi-billion dollar heavy adult industry is seriously looking for alternatives to traditional credit card companies, and the only logical alternative are cryptocurrencies. Point in case is the
first erotic story bitcoin contest that just launched. Instead of a fiat money payment, the winner receives the private key to a bitcoin wallet, allowing full privacy protection for the winner. A model that soon will be the new normal.