“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
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
4.5 million electronic health records from 20 hospitals compromised
Is There A Revolution Brewing In Puerto Rico?
That 3-D Printed Gun? It’s Just the Start
Swiss solar-power plane set for trans-US flight
Bank of Cyprus savers could lose up to 60%
FBI ‘Grappling’ With Hiring Policy Because Top Hackers Smoke Pot
Bridges become the hottest new item for thieves to steal
Following the Bitcoin trail
Greek teen’s death after argument with bus ticket inspector sparks anti-austerity protests
US Pushes for Free Trade Pact with EU Despite NSA Scandal
China shuts down $88 million mocked museum with ‘fake’ national treasures
NYPD To Launch All-Seeing System To Track Crime
Obama’s Backers Seek Big Donors to Press Agenda
A drug dog named ‘Guilty’
Italian tax dodgers uncovered by the Redditometro