Crypto-currencies gaining ground in the UK Adult Industry
Following on from the announcement of the world’s first Escort Agency to accept Bitcoins, Manchester Escort Agency, Northern Jewels, is now the world's first to accept Litecoins. A World’s First For Litecoins!
4 Nov 2013
Following on from the announcement of the world’s first Escort Agency to accept Bitcoins, Manchester Escort Agency , Northern Jewels, is now the world's first to accept Litecoins.
For those of you just getting your head around Bitcoins, Litecoins are similar but currently worth about $2.5. They are currently worth much less than a Bitcoin, mainly because they are easier to 'mine'. Crypto-currencies are becoming better known and more accepted at various outlets. Bitcoins are already used to purchase other forms of adult entertainment, and as more crypto- currencies appear, the more mainstream their use is likely to become. For anyone who doubts the value of these crypto-currencies, there's no doubt that they are gaining ground in the real world. There are a few British Pubs accepting Bitcoin and in Vancouver there's now a Bitcoin ATM. Litecoins may not be as popular yet, but the general increase in interest in crypto-currencies is certainly on the rise. High levels of interest in China are also fuelling the Bitcoin fire along with the closure of the drug marketplace, Silk Road, which traded in Bitcoins.
It seems this is just the start of a whole trend within the Adult Industry. There are already some independent escorts accepting Bitcoins and as the currency's status grows, so will its use. Litecoins might be a little slower coming to the marketplace, but there are plenty of them around.
Manchester Escort Agency, Northern Jewels showcases Escorts suitable for Executive and VIP gentlemen for whom privacy is particularly important. A representative of the Agency said:
"When we saw what Passion VIP was doing in Birmingham, we thought it made perfect sense, but we decided to start accepting Litecoin instead. Our client’s desire privacy, Crypto currencies offer this. Like Bitcoins, there are a lot of people out there with nothing to spend their Litecoins on. Also like Bitcoins, Litecoins are easily purchased in a relatively anonymous way. From our perspective though, they offer better security for the Escort."
Birmingham based Escort Agency , Passion VIP who started accepting Bitcoins back in September have seen a huge interest in their escorts and are seeing Bitcoin bookings rise steadily. "It was certainly a smart move for us and we hope Northern Jewels find it works for them too." Said Passion VIP.