Now i wont say i told you so or i wont brag about predicting the "greatest crypto partnership ever" like verge likes to say. I am giving this update simply to voice my opinion and feelings about it. Also now that this is a reality i want to here your feelings. I love the deal personally and i do think it is a huge catch for verge . A lot of people get stuck on Porn hub but Mindgeek the parent company of porn hub is a huge player in the porno world. Might even be the biggest company in porno and owns sites such as YOUPORN, REDTUBE, and much more with PORNHUB leading the way. The exposure this partnerships gives to xvg and crypto as a whole is massive. I don't think a lot of people will pay using xvg in the beginning although i do think a lot of people will click on the option and explore it more but since it is not real simplistic to use right now i think the future is brighter then the present. I do see the potential for massive growth especially once crypto is able to be purchased via fiat without having to buy BTC first. People interested in porno subscriptions might like the option to have their debit or credit purchase say verge instead of something related to the porn they are about to enjoy. People might look into the privacy aspect of it and even explore the usage capabilities and see it as a win win. I don't see the down part to this deal and if you do please tell me your stance on the subject.
Now getting into how the announcement was received. Smart traders always sell the news so it was no surprise to see a price drop. I do think this situation was unique due to the fact that people will sell from disappointment that the partner was not big enough. If it was announced it was ebay they would of wanted amazon, if it was master card they would of wanted visa, if it was visa they would of wanted paypal, you get the point. Also religious people and the stigma porn brings also turned people sour on the deal.
Truth is i didn't predict this deal because i had inside information. The writing was on the wall , from the handling of the announcement and fundraiser to the fact that the partner seemed to want xvg as part of this deal. A company really worried about their image to the public would have controlled every aspect of the announcement and would not have partaken in anything connecting them to a fundraiser . The currency its self gave clues and ruled out paypal, visa and company's alike just for the simple fact why would they jump into crypto with verge first, Nothing against verge i own some but more likely a top 5 crypto would get the partnership first.
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