Why Lightning Payments Aren’t Clicking for Porn Companies (Just Yet)

Bitcoin may finally achieve broader traction through the adult entertainment industry in 2020, but the chips aren’t stacked in its favor.

So far, typical sex industry businesses like London’s 23 Paul Street strip club, said in June the venue stopped accepting bitcoin because customers simply weren’t paying with it. But the lightning network, a layer on top of bitcoin used for faster transactions with lower fees, may now be ready to facilitate broader payments for online platforms.

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