How Altcoin Payments Paid Off for Hustler
Founded in 1974, Hustler is perhaps best known as the publisher of its sometimes controversial pornographic magazine. However, over the years, it's become a powerful brand, grossing roughly $300m annually as of 2009 through initiatives that include a California casino, a chain of bars and clubs, and branded retail stores. Of course, the company is inseparable from founder Larry Flynt, the larger-than-life personality that was notably brought to the big screen in the 1996 drama The People vs. Larry Flynt, a film that grossed $20m and was nominated for two Academy Awards. Cinema aside, Flynt....
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Here's a (shall we say) interesting development in the digital currencies e-commerce field. Adult media house HUSTLER.com has announced that they are now offering what they call "an unprecedented level of member discretion" thanks to a partnership with digital payments processor GoCoin. According to today's announcement, anyone who pays for their HUSTLER.com subscription using bitcoin, litecoin, and yes folks, even dogecoin, will received an offer of signing up for a lifetime membership for $500. The head honcho at HUSTLER labels this as a good tool for the gentleman looking for a discrete....
George Trosley’s racist drawings from his Hustler magazine days went unnoticed initially, but have since led to backlash. The Jungle Freaks NFT collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media. The project is the brainchild of famed Hustler magazine cartoonist George Trosley, and is curated by his son George III Trosley.Many participants from the NFT sale expressed their dismay after Trosley's offensive illustrations came to light. Even Lord of the Rings actor Elijah Wood, who has....
Dogecoin, born in jest, is now serious business. A major payment processor already supports Dogecoin payments. This has opened up the coin to a huge selection of international merchants. One such merchant is Hustler Magazine, which recently confirmed it would start accepting payments in Dogecoin. Dogecoin is also being embraced by new exchanges, including those in the lucrative Chinese market. Most importantly, the community seems as vibrant and passionate as ever. This is important. However, it matters little if there is no one maintaining the protocol and ensuring both the integrity and....
Instant cryptocurrency exchange service ShapeShift has launched a new service aimed specifically at simplifying payments across different currencies. ShapeShift Lens allows Bitcoin payments to be sent using a range of altcoins, with the conversion handled automatically once payment has been submitted. The result allows any Bitcoin invoice, including those from merchants such as Amazon or Overstock, to be paid, for example, in Dogecoin or Litecoin. The free tool is currently available on Google Chrome Webstore, and features a plugin with which users may access the convertor. Once installed,....
Travala.com, the leading crypto-friendly travel platform, reported an “explosive growth” during the third quarter of 2021, and the use of cryptocurrencies played the main role. Its blockchain-based platform allows customers to realize payments in over 50 digital coins. CEO Juan Otero stated back in July that 70% of the bookings were being paid by digital coins, getting to see over $1 million gains every week. He also commented that With more people holding cryptocurrencies and more businesses accepting it for real-world things, travel is naturally a desirable experience to use crypto,....