You can really, really find all sorts of quirky sex toys. You doubt this claim and need some more evidence? Someone has created the Bitplug, an anal plug for storing Bitcoin.
What’s the idea behind the Bitplug?
Just to explain very roughly for those who have no idea what Bitcoin is: it’s a cryptocurrency, meaning a currency that’s stored on an electronic medium. Bitcoin isn’t the legal tender of any country, but it has real value and can be used for payments. One of its particularities compared to an ordinary currency is that, to make a secure payment in Bitcoin, going through a bank isn’t necessary. Nothing is centralised.
Now, banks and payment systems have a nasty habit of having a grudge against porn and sex workers. The most recent high-profile example, Mastercard and Visa decided to cut ties with Pornhub, putting numerous independent performers in a pickle in the process, as they were relying on the platform to generate part of their income. But it’s far from the only misadventure of its kind.
It happens regularly that camboys/camgirls or porn performers lose their online tip jars (often along with their content) or access to their PayPal account, or get turned down by a bank. Their profession is perfectly legal, though. Banks don’t look favourably on porn and reserve the right to refuse their services to someone whose activities they don’t approve of.
That’s why some see Bitcoin as a way for sex workers to cash in their earnings without the risk of being hounded by the banking system. Some camgirls agree, and therefore accept payments in Bitcoin (or in other cryptocurrencies).
The problem with Bitcoin is that you need to store it somewhere. Well, what you’re storing is a piece of digital data called a “key”, which is somewhat comparable to a title deed.
For this, you can use a specialised online platform. But there have already been several hacks, during which enormous sums were stolen. The other option is to keep your key at home, for example on a hard drive or a USB stick. If it contains a substantial amount, the storage medium had better be secure and sturdy.
The Bitplug from The Bitcoin Buttplug is an anal plug that contains an Opendime wallet, a small, solid USB memory card that allows you to store and exchange Bitcoin securely.
There are two versions: a silicone model, designed for regular use as a sex toy, and another in resin, not body-safe, for decorative purposes.
Of course, stashing your money in your bottom isn’t necessarily the ultimate way to ensure you never lose it. It’s better to see it as a fun metaphor aimed at drawing camgirls’ attention to the possibility of using Bitcoin payments to bypass bank blocks.
