Cryptocurrency Adopted by Porn Industry

A for sale sign in front of a beach horizon bearing a "Sold" sticker for Verge (XVG).

Although many still do not even know that a bitcoin is only a part — granted, a large part — of a whole cryptocurrency ecosystem, I am sharing this article as some of you might have heard of a recent adoption of Verge (aka “XVG”) by Pornhub; Verge is one “altcoin” among many others in crypto.  Whether you are vested in, familiar with, curious about or, rather, not interested in the developing digital economy that even some Churches have adopted as a means to receive tithes, you might still gain by my account of conscience overcoming greed when heed was paid to remembrance of an ancient but timeless question:

“For what will it profit a man if he gains the whole world and forfeits his soul? Or what will a man give in exchange for his soul?” – Matthew 16:26 (NASB)

The April 17th, 2018, announcement of Verge’s big partnership with Pornhub is likely a herald to a bright future for XVG HODLers (“HODL” means “Hold” in crypto). The value of the coin, as I write this post, is not much more than before the buildup to the announcement, but the low would surely pass.  So, this article is not to discount Verge’s potential in the crypto market.

I bought into XVG in 2017, only three days before John McAfee’s praises for its privacy and security sparked a huge bull run to almost 2000 Satoshi (the smallest fraction of a Bitcoin: aka “sats”), and Verge has been my first and primary crypto . . . until last week.

I had felt led to enter the crypto market out of a deep desire to do well for others with my life as — so to speak — my ship comes in; I have passionately sought the means to fulfill this calling of mine to give hope. My time as a Verge HODLer has indeed proven to be a right step in the right direction; I have made so many positive connections since my first marathon livestream of late December and all of January. But I am now unable to write home about XVG; Verge’s boasted connection with the porn industry is not so proud for me to share with family and peers who know my heart. And the purpose of the adult industry does not suit my heart’s desire; I would feel in conflict with my own good conscience for profiting, even indirectly, from the underlying hopelessness of sex trafficking and bondage.

Since the announcement, I have been saying that, while I see that the move could be good for the value of XVG, such a publicized relationship is not one with which I would be associated.  Furthermore, although cryptocurrency would ultimately be as accepted by the porn industry as the U.S. dollar, I am not pleased that crowdfunding of such a potentially controversial partnership was conducted without full disclosure; while other partnerships, like with PayPal, would have been acceptable to me as a crowdfund campaign for a mystery adoption, better judgment would have been mindful of the offense to some people, such as me, who would not knowingly fund a tie to Pornhub. I could not trust again another good-faith crowdfunding for Verge.

I condemn no one for not sharing my feelings, and I wish XVG and its HODLers well. But my season with Verge is over. I sold all of my 29,000 XVG after the 17th at 839 sats to pursue my best interests through other projects.

One of my greatest gains in crypto has been a friendship with Alex; some of you know or know of him because of his association with my YouTube channel.  Because of our mutual interest in Verge, we came to know one another through the channel’s marathon livestream of January. During that time, Alex shared with me his own heart to do well for others with his success.  He does not mind me sharing that he had just come through an incredibly challenging personal time when, even though he had built a successful business, money itself had not been enough to fill a deep void and yearning in him.  After following a path of self discovery, he had come to realize that his fulfillment should come by giving to and improving the lives of others; whether by the friendly gesture of a smile or by a grand gesture, it all adds up — in his words — “to make a difference in the world.”  And his prayers to leave a lasting mark, like my very own to the One who had brought us both through some incredibly dark and tremendously difficult times, seemed answered in his inspiration to create Typerium — which is a platform that would address the piracy problem for content creators with a decentralized content-creation platform, social media network, and market place that is geared toward more than 2.4 billion worldwide consumers.

Typerium started as just an idea and then, as Alex and I came to know one another in January, I witnessed as his idea came to light to become a project of passion that would be fiscally supportive of worthy causes.  His view of the world, like my own, is that it has become a place in dire need of such hope and, because the blockchain is a real world-changing technology that could have a huge impact on millions of people, its space seems most natural to fathom the meaning and potential of a project such as Typerium.  Alex has since worked tirelessly to bring his vision to fruition and, now with its release, I have this opportunity with all who are like-hearted to value this drop that could consequently bring about ripples of hope that would improve and change the lives of people around the world.

“Instruct those who are rich in this present world not to be conceited or to fix their hope on the uncertainty of riches, but on God, who richly supplies us with all things to enjoy.  Instruct them to do good, to be rich in good works, to be generous and ready to share, storing up for themselves the treasure of a good foundation for the future, so that they may take hold of that which is life indeed.”– 1 Timothy 6:17-19 (NASB)

So, all that said, — I am, hereby, now investing myself in Typerium and the like that would rather support charitable causes that fight against all forms of hopelessness . . . such as the ill effects of porn.

Although there are some who might scoff at me for my decision and, perhaps, because of my faith, I am the one who must live with my conscience but would, no less, respect everyone’s right to disagree with me.

As for the YouTube channel, I shall continue to put forth content that could be useful to the crypto community at large.  I hope that you would stay tuned.


The following video is of me and Alex discussing this matter at length on the YouTube channel:


Check Out My Other Channel, “Jeff H. Ulrich,” Here.


Check out Typerium: https://www.typerium.io/


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Alex’s Telegram News: http://t.me/cryptogogonews
Alex’s Telegram Chat Group: http://bit.ly/2Doxipa
Alex’s Twitter: https://twitter.com/AlexHaigh83

We are on Discord and simulcast live streams: https://discord.gg/Gm6UrXP

DISCLAIMER: Jeff, Alex, moderators, and guests on the channel are not financial advisers. Any information or advice provided here is purely opinion. You should make your own trading decisions. Jeff, Alex, and others are willing to help and let you know what they are doing personally, day to day, in various circumstances and situations. But you are ultimately responsible for your trading choices.

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