The Agenda podcast chats crypto and sex work with WetSpace CEO Allie Rae

What bash the cryptocurrency and porn industries person successful common? As it turns out, some are predominant targets of the accepted fiscal system, which has been known to prohibition the accounts of some crypto traders and enactment workers.

On this week’s occurrence of the recently launched podcast The Agenda, Cointelegraph elder transcript exertion Jonathan DeYoung and caput of markets Ray Salmond talk to Allie Rae, an big contented creator and CEO of WetSpace — a crypto-focused alternate to OnlyFans.

Rae archetypal exploded into the mainstream erstwhile she mislaid her occupation arsenic an ICU caregiver aft her colleagues discovered her hobby and took contented with the quality of her content. The media got upwind of her story, which went viral. “I benignant of was morphed into this relation of advocacy for the enactment enactment industry,” she said.

According to Rae, the unrestricted question of wealth is an unnecessarily analyzable process for big entertainers, arsenic accepted concern often forces companies to ace down connected big performers:

“I started to fig retired that the banks truly were mostly successful portion the driving unit down immoderate of those decisions that platforms were having to make. And truthful that people led to me: How bash you get escaped of the banks? And crypto came retired similar a knight successful shining armor.”

Rae besides shared however adjacent immoderate centralized crypto exchanges are being forced by banks to unopen down the accounts of big performers, recalling the clip she met Coinbase CEO Brian Armstrong astatine VeeCon:

“I asked him constituent blank, ‘You’re crypto — wherefore are you banning big contented transactions with Coinbase?’ And helium said to me, ‘It’s not us.’ He‘s like, ‘It’s JPMorgan Chase. It‘s the banks.’”

Speaking from the acquisition of her ain blacklisting from her erstwhile occupation arsenic a nurse, Rae explained that WetSpace aims to supply not lone a safe, equitable situation for performers but besides an anonymous, backstage acquisition for fans.

Related: Boston caregiver fired for nudes connected OnlyFans launches crypto porn app

Rae said:

“You virtually could link your wallet — your Trust Wallet, your MetaMask, Coinbase Wallet — and cipher knows who you are. And nobody’s going to spot thing connected your recognition paper statements but possibly that you transferred immoderate wealth to Coinbase oregon what person you. [...] You could beryllium the president of the United States connected the platform, and cipher would know.”

To larn much astir however Rae is utilizing blockchain and cryptocurrency to revolutionize the big amusement industry, tune successful to the afloat occurrence of The Agenda connected Cointeleraph’s new podcasts page oregon connected Spotify, Apple Podcasts, Google Podcasts oregon TuneIn.

The Agenda is simply a caller podcast from Cointelegraph that explores the promises of crypto, blockchain and Web3, and however regular radical level up and amended their lives with technology.

The views, thoughts and opinions expressed successful this podcast are the participants’ unsocial and bash not needfully bespeak oregon correspond the views and opinions of Cointelegraph.