Providers, Hobbyists, The Deepweb & Bitcoin

Hobbyists and providers --- as many of you know backpage has gone the route of the bitcoin and many providers are confused on how that works ect. Bitcoin is pretty much the future and after trolling around the Deepweb for a while an idea popped into this head of mine.

The way deepweb transactions occur ---- and you can literally buy ANYTHING on the deepweb covertly, discreetly, and have it shipped directly to your door!! -- I know I was successful. Anyhow, the way these transactions work is that you have a "hub" or market place -- say ebay like almost. The way bitcoin generally works is that you use someone's bitcoin wallet address or "chain" and then send them a generated chain which transfers your bitcoins into their wallet - that is a very VERY over simplified explanation - but it works for our purposes here. The market place on the deepweb is a bit different. There is a need to protect both the consumer and the seller because of the nature of the products being sold - nobody wants to get screwed and ripped off. So the way this works --- and it is really all seemless once it is set up --- There are essentially three "keys" to each bitcoin transaction. One key is the sellers, one key is the buyers, and then the website or "hub" holds on to the third key. When the transaction is made the seller and buyer key is entered and the transaction essentially goes into "escrow". The seller and the buyer are then directed to more or less a private discussion area, which is encrypted but that is another discussion. This is where you exchange details --- phone number, address, time, ect.

The meeting between the escort and the hobbyist would then take place - no money exchanged, no money discussed, no money counted. Because of the level of encryption and secrecy of the deepweb providers can safely list what activities they provide and which they don't, they could also safely post their actual pictures, and maybe in the encrypted section post face pics. Hell right there and then at the time of booking if an escort expected more for certain activities she could simply list them as additional options. Both the escort and the hobbyist know EXACTLY what to expect and what to receive and what to give. I suppose there could even be a "no show" penalty built in for hobbyist that book and then don't go.

So here is the cool part --- at least for a nerd like me ---- after the meeting is complete both parties "confirm" that the meeting took place, was satisfactory, and is complete. Once that final verification occurs the third "key" unlocks the bitcoins and deposits them in the vendors/escorts account. At this point the provider gets to rate the buyer and the buyer gets to rate the provider. If it was NOT a satisfactory meeting or maybe there is a no show, maybe you were shorted on time...whatever --- you open up an inquiry and both sides tell their story to the "hub" or website manager and they make the final decision on what to do with the third key. In the event that the customer never "finalizes" the transaction then after say like 5 or 7 days the transaction is automatically finalized.

This would be BY FAR the safest most effective way for the industry to move forward --- and from what I have seen on the deepweb NOBODY but NOBODY is doing it. Obviously the website either charges a per transaction fee -- something small, maybe a few percent like a credit card transaction would receive -- but that is how it would make its money.

After reading it back it certainly does sound confusing --- it really is not at all. Super easy.

I don't have time for all the James Bond/ cloak and dagger stuff.......just to get laid.

I appreciate your taking the time to explain this in detail . But I'm soon to be 66 years old and often I'm resistant to change - LOL

But but but the hook has to drive the money right over to her brothers house so he can pay her phone bill for her.....

Making this thing of ours WAY to complicated. Bring some green paper, leave green paper on the nightstand, fuck and suck to your hearts content, then fucking leave.
Simple. Just like Scroggy.


Peace
PK

I think this becomes an issue for the normal girl, especially if she is run by somebody else. The liquidity and price of bitcoins (or fractions of a coin) are also an issue. This industry is cash based for a reason. While the anonymity of bitcoin may be great, think about the providers and how they survive. There is way too much technology involved to be able to make this work in an everyday situation.

Now, having said that, it may be a different story for the Spitzer style high-end girl. I think that's where this more comes into play.

But but but the hook has to drive the money right over to her brothers house so he can pay her phone bill for her..... Originally Posted by Paulwantsya

LOL ---- ACTUALLY ----- There are a couple BYOD phone services now that accept bitcoin for payment

Nah maybe it was an issue two years ago, not any more. Most bit coin wallets display automatically in USD. A transaction can occur simply by using a QR code - pretty simple stuff. Funny thing I was getting my MBA at the time, bitcoin was barely $1 a coin. During an economics class I was ranting and raving about bitcoin being here to stay and how it would explode in value - The professor basically mocked me and told me a currency with nothing to back it could never have any real value (apparently he doesnt realize that the only thing backing US currency is the US military). Anyhow, a couple years later Cypress happened and bitcoin skyrocketed - made tons of people millionaires (not me unfortunately). The price of BTC has been very VERY stable lately though. Right around $380 a BTC

If the major barriers (ease of use, especially getting started) were reduced, it would be totally ideal protection from le. Someday this could be (or will be) a no-bainer

Luckily it know accepts credit cards and checks.