The reasoning behind this is that the site is used for sex workers to find customers. The site is said to sell millions of classified ads to women in the United States, and a sheriff in Illinois instigated the shutdown. Before that, MasterCard and Visa had no problem processing transactions for Backpage.
Backpage began accepting Bitcoin at some point, and now it is the only form of payment that works for the website. Of course, the Bitcoin network cannot be shut down.
San Francisco escort Liara Roux has now written a guide for other escorts to teach them how to accept bitcoin for their services.
“American Express, Visa, and MasterCard are no longer accepted at Backpage.com. This is obviously an awful situation; many sex workers rely heavily on Backpage for their business. While it would be wonderful to have a magic wand and fix this problem, bitcoin is one of the few payment methods still accepted by Backpage and I want to make sure those who need it can use it.”
Using Bitcoin for NYC Escorts
I wrote this guide up very quickly in response to the recent credit card situation at Backpage.
American Express, Visa, and MasterCard are no longer accepted at Backpage.com. This is obviously an awful situation; many sex workers rely heavily on Backpage for their business. While it would be wonderful to have a magic wand and fix this problem, bitcoin is one of the few payment methods still accepted by Backpage and I want to make sure those who need it can use it.
Whether you’re someone who advertises on Backpage or not, it’s important to know how to use bitcoin, as it’s possible that law enforcement may begin using similar tactics against other websites.
Bitcoins may seem scary. It’s a new technology, with lots of technical jargon surrounding explanations of how to use it. The good news is, bitcoin has gotten a lot easier over the past couple of years and it’s not too difficult to learn how to accept and send payments.
Coinbase -Popular Bitcoin Wallets for NYC Escorts
Coinbase makes it very easy to send and receive bitcoin and turn that bitcoin into the currency of your choice. It is slightly less secure than other bitcoin wallets, but is still far better than either Paypal or Square in terms of accepting payments. I’ll outline how to maximize your security through Coinbase.
Update: sign up with a fake name, not your legal name or your escorting name. The price of “a bitcoin” may seem daunting, but it is possible to purchase a fraction of a bitcoin similar to how cents make up fractions of american dollars.
If you’d like to purchase bitcoin through coinbase, you will need a bank account that you can link to your account. If you already have a business account, perfect, if not, you can simply link it up to your personal checking account. If you’re just using your bank account to buy bitcoin, Coinbase walks you through the process – just follow the prompts.
If all you’re doing is purchasing bitcoin to buy ads on Backpage, then the process is fairly simple. Add enough bitcoin on Coinbase to cover the cost of your advertisement, then purchase the advertisement on Backpage using the bitcoin option.
If you’re accepting payments from clients in the form of bitcoin, you have many different options. If you’d like to deposit bitcoin into your bank account, I’d advise you to pay taxes on it; you don’t want the IRS to seize your funds.
Requesting payments through Coinbase is simple. All you have to do go to the Send/Request section at the top of Coinbase’s sidebar, type in the email address of the person you’re requesting from, the amount you’re charging, and send away. The issue with this method is that it reveals the email address and name you signed up for Coinbase with.
If you’d like to be more secure, you can tell your client to send their payment to your bitcoin wallet address. Bitcoin wallet addresses update with each transaction for maximum privacy. To find your latest bitcoin address in Coinbase, click on the Tool section. It should be at the very bottom of the sidebar.
If your client is familiar with bitcoins, all they should need is your wallet address to send you the payment. If they aren’t, you may have to walk them through the steps. If they create an account on Coinbase, they can easily send you bitcoins by clicking the Send/Request section on the top of the sidebar and copy/pasting your wallet address into the Recipient section.
Alternate Solutions for NYC Escorts
If you’re a privacy freak like me or would like to learn more about other options for using bitcoin, Bitcoin.org is a great place to start. I personally use Bitcoin Wallet, but I recommend Coinbase as a more user friendly solution for starting out. There are many wallets and exchanges out there, just do your research and see what will work best for you and your business!
If you have any questions, whether you’re a fellow provider or a client, you can feel free to email me at firstname.lastname@example.org. Watching each others’ backs is so important in this industry.
As always, stay safe and successful.
There’s now a really good thread there discussing the ups and downs of various bitcoin wallets/exchanges with some focus on downsides of Coinbase. I still think Coinbase is a great way to get started quickly when you’re completely new to this, but there’s definitely plenty of other options for those who want to maximize their privacy or use mobile devices. I’ll be writing a more lengthy post about this once I’ve done a bit more testing.
From my comment there:
I don’t profess to be an expert on cryptocurrency; my expertise obviously lies elsewhere. My immediate purpose was to help people make rent as quickly as possible after a draconian change in policy from three major credit card companies. I really appreciate your input and hope to iterate on it in the post.
Coinbase is not an ideal solution, but I recommended it because of how easy to use it is. Since putting up the post, I’ve had people email me questions like “Can I put bitcoins on my phone?” Many people do not have any idea at all what bitcoins are and many sex workers are a part of this group. For people who need to make rent (yesterday) usability is key, and unfortunately slight deficits in privacy are offset by their immediate need. It’s still a lot safer than working on the street and definitely a lot more private than using credit cards. (If LE has stooped to the point of sending letters, [as Paul Dart sent letters directly to Visa/Mastercard in an attempt to make it impossible to post on Backpage] it kinda indicates that they had trouble following the credit card trail in the first place, let alone block chain analysis)
I don’t use Coinbase myself, but it is significantly more secure than many of the methods sex workers use to accept payment. Paypal and Square, most notably, have been known to seize thousands and thousands of dollars after accusing users of selling sexual services. I do think it is a viable option for people, especially if they are camgirls, pro dommes, or other sex workers who may have trouble accepting other forms of online payment.