Sure but crypto is an order of magnitude more complicated to get going than using an existing cc. Most people don't already have a form of crypto payment at the ready when one hand is covered in lube and they just need to hit the "confirm subscription" button. I would need to do days of research before I could confidently buy porn with a cryptocurrency.
>Do people get credit cards just to pay to watch something online?
People already have credit/debit cards. That was my point. How else have people been purchasing internet porn for the couple decades prior to crypto taking off?
>With crypto is the same.
No, it's not because most people do not have the slightest clue how to set up a crypto wallet meanwhile are kind of required by society to already know how to use a credit/debit card to make purchases.
That's a very US centric mindset. Many people in Europe don't have credit cards, let alone developing countries. In countries like Argentina there could be more people with crypto wallets.
Also do you not realise this was the exact same argument against credit cards vs cash in the 80s? Do you not realise how technical adoption works?
Fair point, I didn't know that so many people hadn't yet adopted cards / e-banking. I understand that many people live in poverty without access to the internet etc but, surely online shopping is a global phenomenon-- you're telling me using bitcoin for online shopping is the norm in some countries?
It's from 2017, would be interesting to see if crypto has taken over so significanly since then.
Credit/debit apparently dominate in most parts of the world for online commerce, as well as other non-crypto mobile payment systems, like country-specific e-wallets (for example Yandex.Money in Russia).
30 million users is probably big in the crypto space but when talking about global populations it's not, so yeah, that's only a geeky niche and thus the assumption that the average porn watcher will most likely have a cc# (or equivalent non-crypto mobile payment) and have no idea how to set up a crypto wallet seems totally valid.
And this is just one crypto wallet, there are a handful of others too. It will probably slow during the crypto bear market, but that's insanely fast growth. I can see it being quite common for people to have either their own crypto wallet or one provided via their bank in the next decade. Having a browser plugin to pay for anything with one click (with 2FA for bigger purchases) is a much better experience than having to enter your credit card onto many different sites.
