
“Porn.com has seen sales increase by nearly a quarter since it started accepting payments in bitcoin, leading the site to claim that porn could be the currency’s ‘killer app’. Now the site’s owners are offering the domain for sale to anyone who will pay $50m in the digital currency. Porn.com started taking bitcoin for its premium services in December, and the currency rapidly came to account for 10% of its sales. But in early January, a post on Reddit’s Bitcoin subforum took the news viral, and after a spike where the currency accounted for 50% of its sales, the bitcoin trade settled down at 25%.”
http://www.theguardian.com/technology/2014/jan/16/will-porn-com-bitcoin-app
Related posts:
West, TX blast victims may not get property tax relief
Bank of Israel's Fischer, Treasury's Brainard to push for more activist Fed
Officer fired after trying to give phony insurance ticket to politician
Microsoft reports 37,000 government data requests in first half of 2013
School districts pay dearly for bonds
Sheriff denies cabin intentionally burnt down with Chris Dorner inside
See You in Court: Russians May Sue Over Cyprus Losses
Justin Amash discusses Syria on Face The Nation
Walmart tells India it can’t buy enough local products for new supermarket
Gold Analysts Get Most Bullish in a Year After Rout
Anonymous hacking attack lands British rock guitarist in jail
Second NM driver gets cavity searched after stop for failure to signal
Dozens of British universities join the online education revolution
Is This the Best Time for Investors? Don't Bet On It.
Home-schooling family who fled to U.S. from Germany face deportation by Obama administration