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Chronicles

The story behind the story

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Pornhub says it now accepts user payments, such as for buying Premium subscriptions, in Verge cryptocurrency

So you can be extra incognito  —  Pornhub has started accepting cryptocurrency as a payment option, the company announced today.  The site now accepts Verge cryptocurrency …

The Verge Shannon Liao

Context & Ripple Effects

The crypto option lands on top of the subscription business Pornhub built when it introduced its $9.99/month Premium tier in 2015 — until now billed through conventional rails. The related coverage shows why that dependency is fragile: PayPal had already stopped supporting Pornhub payments by late 2019, cutting off income channels for over a hundred thousand performers.

First-order effects

  • Pornhub's Premium subscribers gain a payment path that bypasses card networks and PayPal entirely, and Verge gains a high-traffic mainstream merchant as proof of real-world use.

Second-order effects

  • When PayPal and then Visa and Mastercard subsequently cut Pornhub off — leaving it apparently accepting only cryptocurrency for Premium, per the later crypto-only report — this 2018 decision turns from novelty into the site's surviving payment rail.

Third-order effects

  • If processor de-risking of adult platforms continues, the sector structurally migrates toward cryptocurrency and self-built infrastructure — the same instinct behind Pornhub launching its own VPNHUB service weeks later — rather than relying on financial intermediaries who can sever it at will.

The trend: Adult platforms are building payment redundancy outside the card-network system as banks and processors progressively de-risk the category.