My only problem with this all is what is outlined here;
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Ease of Use
Crypto currencies are hard to use, which inhibits their adoption today by the mainstream.
Much of the difficulty in using crypto currencies comes from the regulatory constraints around the on/off ramps from fiat to crypto. However, the more crypto grows, the more economic activity will take place without needing conversion to fiat, which will reduce this burden.
Another difficulty is in private key management, necessary to keep coins secure. This obstacle may eventually be overcome by a combination of improved technology and improved understanding of the underlying concepts.
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What Drives the Value of Crypto Currencies? – MetaStable
Currency's real value is utility and the goods that can be readily acquired with it. Buying and selling something endlessly is speculation.
The argument of anonymity of the source of funding is a joke. Wallet to wallet transactions might be anonymous.
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... As such, the transaction itself is seemingly anonymous. However, in most countries today, one needs to undergo the process of KYC in order to open a new digital wallet. Hence, by virtue of owning an electronic wallet, even without necessarily using it, anonymity is compromised. ...
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Any real anonymity is an illusion
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One possibility is the expansion of KYC as a worldwide prerequisite to issue global e-wallets by setting designated wallet standards, thereby prohibiting token transfer to a wallet which does not meet those same standards.
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You are just kidding yourself with that red herring argument
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Furthermore, unlike counterfeit hard-currency, which governments spend significant sums trying to combat, crypto-currencies are almost impossible to forge as each carry their own unique characteristics, ...
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This is why central banks are interested in blockchain ( just in case this is not already apparent to you ).
https://bravenewcoin.com/news/the-ke...ypto-currency/
The author contradicts or twists his own arguments to his own ends ... discounting the hype he is mostly correct.
However, for porn (adult explicit activities) digital currencies are ideal as they avoid all the VISA-Net bullshit and their member banks' bullshit.
An ICO with industry sponsorship and an API post and CGI postback make sense to me. You could probably achieve good market penetration in a few years with a low processing cost. Increased profit in a commoditized market along with anonymity from your bank, spouse, family ...
Micro payments would be possible and this would open new markets in lesser developed nations with less disposable income. Maybe 20% or 30% newly acquired revenue with micro payments.