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January 28, 2014

Naughty America Adds Bitcoin Option

LOS ANGELES—Another adult brand has jumped aboard the Bitcoin train. Naughty America is the latest company to add the digital currency to its payment options. According to CoinDesk, "[ CEO and founder Andreas] Hronopoulos indicated that Naughty America first considered accepting bitcoin after discovering the virtual currency through mainstream news coverage of Silk Road. Six months later, Naughty America will follow the Sacramento Kings and The D and Golden Gate hotel-casinos in Las Vegas to leverage the services of Georgia-based payment processor BitPay. Hronopoulos was quoted as saying, “We’re in the business of helping people find their fantasies, and our goal is to turn that fantasy into reality without reality getting in the way. For us, that applies to how you’re going to process the transactions as well as the type of content that is available.” Regarding Bitcoin's future in adult, he postulated, "I think it will become an industry-wide thing within 45 to 60 days," adding, "Naughty America really sets the bar for where the industry heads.”

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