Crypto Currencies and the Porn Industry by Samantha38g

Bitcoin

Crypto-Currencies, The Porn Industry and Red Flags

I call it all funny money because it reminds me of strip clubs having their own bills for men who got cash on their credit card from the club. Here is why crypto is funny-money:

  • Unstable – Crytpo is unstable it rises and falls constantly. It is a high risk investment.
  • Not FDIC Insured – It is not FDIC, so it can be stolen and there is nothing you can do about it. If you lose the password, that money is gone. You have zero customer protections as a consumer, so if you buy something and didn’t get it, you are screwed,. You can’t do a chargeback. So those who are unscrupulous can rob and steal anyone with no worries.
  • Who Uses It – The dark web, child pornographers, black mailers and such all use crypto currencies to keep from getting caught.

 

Crypto Currencies and the Porn Industry

Now let’s add porn industry to the mix, which is notoriously filled with con artist. Already a startup crypto/cam company raised $25 million and disappeared with the money. There are already about ten more fighting for this space and so many more will follow. They all think the performers are a great way to lure men in and do all the sales.

As performers and camgirls we have been ripped off by new cam sites way too many times. A new site even if it is paying out 85% to the performer is a fail because of NO Traffic.

It is hard to get guys to sign up to a new site, much less when so few people are invested into crypto.

 

Companies Paying Out In Crypto / Wanting Performers To Keep Invested

These companies want to pay the performers in crypto. More importantly, they want us to not cash-out, but keep the money in as an investment. Tell me how many jobs pay out in crypto? And if crypto is going to be your currency, then why raise up “Real Money” to launch your company? Cause the founders want real money to start the company, and when they cash out, they will want real money. So why add a middle man in there?

Look at it this way, you are paying these crypto cam site 15% banking fee, they want to be your bank. And isn’t there always fees when you cash out of crypto? So 15%, plus a fee to get paid real money that you can pay your real bills. Now you don’t get paid out weekly or monthly, but you have to request the money.

 

Models Could Get Left With Nothing (Risky Investment)

You don’t know these people and you have to turn over your real name, IDs and SS# to work for them. We don’t know these people and crypto companies are always getting hacked.

Since they really don’t want you to cash out, to keep your money in the game to become worth more. So now your job also wants to be your investment company? If a company doesn’t pay you, then you can go to the Labor Board and file a complaint. Since these startups see themselves as an investment, if they don’t pay you out. Well, investments can go south. You can be stuck with nothing.

 

 

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