Bitcoin's Spending Power Increases With Support From Naughty America
SAN DIEGO, Jan. 27, 2014 /PRNewswire/ -- Adult entertainment company Naughty America, is now the latest company to adopt the digital currency, Bitcoin, as a new form of payment further increasing its spending power.
This recent addition to Naughty America's payment options continues to support the CEO and co-founder Andreas Hronopoulos's goal of "helping people find their fantasies" and to "turn that fantasy into reality, without reality getting in the way" as quoted in a recent interview with Coindesk.com.
Hronopoulos continues, "For us, that applies to how you're going to process the transactions as well as the type of content that is available." Naughty America joins other adopters of the virtual currency including the NBA's Sacramento Kings who now accept Bitcoin payment for various merchandise including game tickets. The D and Golden Gate Hotel-Casinos in Las Vegas have also announced they now accept the digital currency for their front desk, gift shops, and restaurants.
As both the mainstream, and now the adult industry continue to welcome the digital currency with open arms, Bitcoin's future is growing increasingly bright. As quoted in the Coindesk article, Hronopoulos himself even feels that the currency is on the verge of exploding in the adult space by saying that "I think it will become an industry-wide thing within 45 to 60 days … Naughty America really sets the bar for where the industry heads."
Adding legitimacy to setting the industry bar, Naughty America has recently made tech headlines with the introduction of Gift Cards as a payment option as featured on the Huffington Post (Gift Cards for Porn) and the newly introduced video format, 4k Ultra High Definition, recently discussed on Gawker (4K UHD Porn is Coming).
Multiple payment options aside, Naughty America feels the chief benefit of Bitcoin is the very large door that is now opened for the International Market who can privately find their fantasy.
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SOURCE Naughty America