Pornhub has announced that it will begin accepting the cryptocurrency verge (XVG) as a payment. To kick-off the event Pornhub will be marked by events in New York City and Silicon Valley.
Pornhub VP Corey Price added in a statement:
“Not only is this an exciting announcement for us and the adult entertainment industry, it’s exciting for the crypto space. History has proven that the adult entertainment industry plays a critical role in adoption for innovative technology. We saw that with VHS, Beta Max, credit card payment icons and, most recently, VR goggles. We expect to see widespread adoption of crypto and blockchain in short order.”
This is huge for the cryptocurrency industry and big step towards mass adoption. With Pornhub being one of the biggest companies in the world. It makes it even more accessible to accept payments through verge’s anonymous currency.