Yesterday Verge announced that “the biggest deal in cryptocurrency history” had been struck: a partnership with online pornography company MindGeek.
Heavyweights from the world of cryptocurrency immediately weighed in on the deal.
Riccardo Spagni of fellow privacy coin Monero was unimpressed. He suggested that at this point no one is paying for pornography, so the deal will do little for XVG adoption.
I think it’s pretty sad if you’re paying for porn in 2018.
— Riccardo Spagni (@fluffypony) 18 April 2018
In contrast to Verge, the price of Monero’s XMR currency rose considerably yesterday. When asked why, Spagni could only suggest that it was because they hadn’t just announced a partnership with Pornhub.
Because we didn’t announce a partnership with @PornHub
— Riccardo Spagni (@fluffypony) 18 April 2018
Podcaster and crypto-trader Peter McCormack was also unimpressed, pointing out that accepting Verge was one thing, but the complexities involved in acquiring and spending it would get in the way of its widespread use.
Pornhub adding support for $XVG is not a game changer:
Of the small % who pay for porn:
– How many understand Crypto?
– Of those understand it enough to know what XVG is?
– Who know where to buy VXG from?
– Who can be bothered to use it instead of a Debit/Credit card?Fractions
— Peter McCormack (@whatbitcoindid) 17 April 2018
Doug Polk, an unpopular figure among the VergeFam since his “VERGE: Do NOT Buy Into the Hype” video, posted a new video yesterday parodying lead developer Justin and the reaction of the fiercely loyal VergeFam.
At least one person didn’t get the joke.
I THINK I HAVE MADE MYSELF CLEAR!
— Doug Polk (@DougPolkPoker) 17 April 2018
However, not everyone was so cynical about the deal. Litecoin’s Charlie Lee walked back his initial cynicism and congratulated the Verge team on the news, a move welcomed by Verge’s PhanTi who called Lee “fair and smart”.
Fair and smart. That’s how I always regarded you, except in the latest convos with fluffpony 😉 Thanks for your kind words. We got one common goal. We will all have our markets and niches to have success. #xvg $xvg #btc #ltc
— PhanTi (@PhanTi_91) 17 April 2018
Lee had earlier been trolled by the official PornHub twitter account. After suggesting to Pornhub that they should also accept Litecoin, he was asked hadn’t he sold all his?
I thought you sold all your LTC?
— Pornhub ARIA (@Pornhub) 17 April 2018
Image From Shutterstock
