After losing her ICU nursing job due to her OnlyFans work, MrsAllieRae turned to crypto to create a secure, anonymous platform for creators and fans alike.
What do the cryptocurrency and porn industries have in common? As it turns out, both are frequent targets of the traditional financial system, which has been known to ban the accounts of both crypto traders and sex workers., Cointelegraph senior copy editor Jonathan DeYoung and head of markets Ray Salmond speak to Allie Rae, an adult content creator and CEO of WetSpace — a crypto-focused alternative to OnlyFans.
According to Rae, the unrestricted movement of money is an unnecessarily complicated process for adult entertainers, as traditional finance often forces companies to crack down on adult performers: Rae also shared how even some centralized crypto exchanges are being forced by banks to shut down the accounts of adult performers, recalling the time she met Coinbase CEO Brian Armstrong at VeeCon:
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