I just wanted to sell ‘nudes,’ says woman banned from cryptocurrency exchanges

While cryptocurrencies allow anyone to download a wallet and receive and send transactions, their popularity as a means of payment is still low. Therefore, using brokers is necessary, but this is proving to be a problem for some people.

In a conversation with Wired, published this Tuesday (8), two adult industry actresses reveal that they are tired of looking for solutions.

“I just want to sell pictures of breasts”said Allie Eve Knox. “I never wanted to be an expert on financial discrimination.”

According to the report, Knox has been working with this type of content since 2014 and has been banned by more than 30 financial services in the past 9 years. In addition to traditional banks, payment services such as PayPal, Venmo and CashApp have made the same decision.

Cryptocurrencies quickly emerged as a solution for the actress, who has been accepting Bitcoin since 2014. The theory is great, in addition to avoiding intermediary censorship, cryptocurrencies also avoid chargebacks, which is common in this industry.

However, this only solves part of the problem. Without widespread adoption in other areas, cryptocurrencies must be converted to fiat currency through brokers.

While this wasn’t a problem in the early years, Knox says such platforms have come to play the same game as the traditional financial industry.

“You use a broker for as long as possible, until they close your account”Knox said. ‘You quickly [fica sem corretoras], so you are left with a lot of useless money. This whole “cryptocurrencies are censorship resistant” thing is a load of nonsense.”

“I don’t want to have to know how to take money to different places. I don’t want all that nonsense.”

According to the actress, she has already been banned from such giants as Gemini, Kraken and Robinhood, suspecting that she is blacklisted.

Atris was making $500,000 a month but was banned from banks

Allie Rae, another adult film actress, says her career took off quickly and she was soon earning more than $500,000 a month for her work. But like Knox, their accounts are also being closed by banks.

“It has been a struggle”says Rae. “I was very naive – I didn’t understand the extent of the discrimination.”

In commentary, Wired points out that the actresses are realizing that cryptocurrencies are no longer so separate from the traditional banking system. That is, everything ends at the same door.

In addition to buying and selling cryptocurrency, even adult content platforms are being pressured to abandon the theme, as in the case of OnlyFans.

Looking for an alternative to selling his content, Rae founded WetSpace, a competitor to OnlyFans that accepts payments in credit cards, cryptocurrencies, and stablecoins. However, this did not solve any problems for the actress, on the contrary.

“It was a double blow”Rae noted. “We’ve talked to every damn bank out there.”

Although he managed to get a bank account, his company has already received a notice that it may soon be suspended, that is, everything indicates that the account is temporary.

Finally, the case highlights that cryptocurrencies still lack widespread adoption in other industries and therefore fail to deliver what they promise: an uncensored financial system.

Source: Live Coins

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