CamWithHer Chief Takes to Reddit, Promotes Crypto Payments

CamWithHer Chief Takes to Reddit, Promotes Crypto Payments

LOS ANGELES — Penning an open letter to the broader crypto community, CamWithHer chief and SNR Productions’ President Steve Ranieri, recently took to Reddit to ask, “Could porn pave the way for cryptocurrency adoption by merchants?

The missive was well-received by the Reddit community, making to the number three slot on the front page of r/CryptoCurrency, with a 91 percent upvote by the sub’s more than 600,000 subscribers, demonstrating significant interest in the topic among stakeholders and the public at large.

Ranieri’s site at CamWithHer.com accepts an alphabet soup of cryptocurrencies, including BTC, LTC, BCH, DASH, DOGE, ETC, ETH, LSK, NEO, QTUM, STEEM, XMR, ZEC, and XRP, and he is eager to encourage other merchants — adult and mainstream alike — to jump on the bandwagon, too.

“The adult industry paved the way for online credit card processing in the late 1990s,” Ranieri states. “Perhaps it can also pave the way for cryptocurrency payments online.”

Ranieri revealed his cam site’s pioneering role in accepting Bitcoin deposits in January of 2013 and how Shapeshift.io’s Erik Voorhees and Bitpay.com’s Tony Gallippi convinced him to dive deeper into crypto, soon after which he became a true believer in its market potential.

“Fast forward to today, cryptocurrency has come a long way, getting integrated more and more into everyday life and featured in major news headlines. However, there’s still a long road ahead in mass adoption, and this is where I think we can significantly make an impact,” Ranieri explains. “A vast majority of merchants don’t accept cryptocurrency and there’s absolutely no reason not to.”

Among the benefits of accepting cryptocurrency for merchants, Ranieri cites processing fees as low as half-a-percent from CoinPayments.net, which also offers a free PayPal option — compared to some adult processors that charge 15 percent or higher for accepting traditional payment methods, such as credit cards.

Another benefit for digital merchants is no chargebacks, which protects legitimate companies from thieves that download content and then reverse payment; and for merchants that are uneasy about keeping revenue in volatile cryptocurrencies, easy cash-out options are available.

For his part, Ranieri says that although he owns crypto and would like to see it go up in value, and is always happy to see more visitors to his cam site, his goal in this crypto-evangelism is more altruistic.

“Traffic is nice, don’t get me wrong, but I sincerely want to see crypto get to the next level,” Ranieri concludes. “I believe in the vision and want to see it succeed.”

To read Ranieri’s complete letter to the community, click here.

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Florida Bill Would Auto-Filter Porn for All Users, Not Just Minors

Florida lawmakers have introduced legislation to require manufacturers to equip tablets and smartphones with a filter that would prevent all users from accessing material deemed harmful to minors, to be automatically enabled on devices activated in that state.

TeamSkeet, MYLF Launch New Website 'Pervz'

Sister studios TeamSkeet and MYLF have launched a new website, Pervz.com.

AEBN Publishes Popular Searches for January, February

AEBN has announced the top search terms for January and February from its straight and gay theaters in all 50 states and the District of Columbia.

Porn Fidelity Signs Exclusive Partnership Deal With NMG Management

Adult studio Porn Fidelity has signed an exclusive partnership deal with brand management firm NMG Management.

Nigeria to Ban All Porn Websites, Penalize Non-Compliant ISPs

Nigeria's House of Representatives on Tuesday directed its telecom regulator, the Nigerian Communications Commission (NCC), to immediately block all porn websites across the country and to enforce that ban.

FSC Launches Action Modal for Adult Sites to Fight AV Laws

Free Speech Coalition (FSC) has launched its new action modal web script for adult websites to help combat state age verification legislation.

SkyPrivate Announces New Communications Options

SkyPrivate has announced new communications options as alternatives to Skype, which Microsoft is retiring in May.

Cruel Reell Joins Pineapple Support as Supporter-Level Sponsor

Cruel Reell has joined the ranks of over 60 adult businesses and organizations committing funds and resources to Pineapple Support.

TEAs Show Hosts Defiant Celebration as Community Unites Amid Uncertainty

There was celebration in the air at the 2025 Trans Erotica Awards on Sunday night, but beneath the evening's festivities ran a strong undercurrent of defiance.

2025 TEAs Winners Announced

Winners of the 2025 Trans Erotica Awards (TEAs) were revealed Sunday night during an invitation-only event at Avalon nightclub in Hollywood.

Show More