Porn is truly a unique industry. Its no surprise that Bitcoin and Porn go hand-in-hand. What other service allows you to achieve near instant gratification at no-cost? The classic tube sites are an excellent example. Many people who view porn never venture past these sites because they are content with the level of quality offered. Live-cam sites such as Bitcoin Porn Cams take that a step further and not only give you free access to content, but it is all live, and on demand.
Think about that for a second. Camming has completely revolutionized the porn industry itself. However, even within the live-cam sector, there have been incremental changes and improvements, and I believe Bitcoin and cryptocurrencies are the natural evolution of that. Take for example the signup process. Chaturbate and many other live-cam sites currently allow you to view streamers with no signup, and if you do want to take it a step further, signing up has never been easier. No credit card, no email, no hassle. This is a far deviation from the old days where you needed to provide an extraordinary amount of information to sign up. Unfortunately, some sites still wall you off until you provide your credit card and first born son. Somehow, I suspect that business model is going to day off in the coming years.
So how exactly will Bitcoin revolutionize camming sites? After all, it sort of seems like they have things figured out, right? If you look at the one common factor between most leading cam sites, its that they use ‘tokens’. For the uninitiated, tokens are essentially a virtual currency of their own, locked to a specific website. For example, you might purchase 100 Chaturbate tokens for $5. Whether you pay for that with credit card, Bitcoin, or some other payment is up to you. Originally sites created these tokens because it didn’t make sense to charge a monthly fee with some many performers, but it also didn’t make sense to use credit cards for such small charges.
With cryptocurrencies on the scene, tokens are now becoming less and less relevant. Imagine a new live-cam website starts up. Why would they go through the trouble of creating their own tokens when they can easily allow micro-tipping with cryptocurrencies? Assuming cryptocurrencies are mainstream and that your average consumer owns one, accepting cryptocurrencies such as Bitcoin directly decreases the barrier to entry when the consumer goes to interact with a cam model.
While it may not be Bitcoin specifically, I do believe we will start to see major cam sites either create their own cryptocurrencies to replace their token systems, or we will see them begin to accept cryptocurrencies such as Bitcoin directly without the need for tokens.