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RE: Verge (XVG) Partnered with MindGeek | Mass Adoption in Porn Industry | My Views
But I have seen a sudden fall in Verge value after this partnership. So we can't say that there will be a huge impact on price. Mostly people will prefer cards rather than Verge because every user is not using crypto and not every crypto user will buy membership or something on these sites. So let's see.
@ehtesham123 That's a valid point but we need to also consider people who don't have credit cards to access these sites or those who do but they are afraid of using it because of statements.
Yeah, you're right in this case. Also, there is a big Muslim community working on cryptocurrencies and I think, they will not invest in Verge and will move there already invested money in Verge. So this might lower the expected boost. (BTW, Verge is at the top of the list on Binance with Maximum Volume in last 24 Hours but it's price is continuously going down $0.11 to $0.07).
@ehtesham123 I think you are absolutely right, after BTC got announced as halal lot of Muslim traders jumped in.