Porn industry talks bitcoin

The online porn industry has been an early adopter of bitcoins, so it's no surprise that a key trade event has added a special panel discussion on the currency's business implications.

AccessTimeIconMay 7, 2013 at 5:34 p.m. UTC
Updated Sep 10, 2021 at 10:43 a.m. UTC
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

The online porn industry has been an early adopter of bitcoins, so it's no surprise that a key trade event has added a special panel discussion on the currency's business implications.

, set for May 14 - 17 in Coconut Grove, Florida, has scheduled a session titled, "Bitcoin: The next big thing?"

Featuring BitPay co-founder and CEO Tony Galippi, along with Avi Bitton of Wicked Pictures, Douglas Richter of AWEmpire and David Neawedde of JuicyAds, the panel will "look at the nature of bitcoin and its role in the economic ecosystem."

"Bitcoin is an open-source, distributed system with qualities of both a currency and a commodity," said Bitton. "Whether it's the future of commerce or just a relatively temporary fad, this highly volatile asset is changing the game for giants (such as) PayPal who are taking the five-year-old disruptive technology seriously."

He added, "The growing bitcoin market is evangelical about its use ... Our industry needs to know more about it."


Read more about

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.


Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.