Backpage is always touting about how they have all these safeguards in place to stop human traffickers and pimps from posting obviously criminal ads for prostitution and child prostitution on their site. Yet they accept payment for ads from such untraceable sources like pre-paid credit cards and Bitcoin.
For those of you who may not know Bitcoin is what’s known as a cryptocurrency, a decentralized form of digital payment. Bitcoin’s main attraction is that it;’s supposed to be untraceable which makes it a favorite form of payment for various online criminal activities, most infamously the former online black market known as Silk Road.
Now I knew that Backpage accepted Bitcoin but I didn’t know it was their preferred form of payment for its ‘adult’ ads. While reading this article from the Rutland Herald about how sex trafficking of women and children happens even in rural Vermont I came across this quote about Backpage…
Also, backpage accepts prepaid credit cards and bitcoin payments because they are untraceable. Backpage offers a 10 percent discount for bitcoin payments.
If Backpage is so concerned about the problem of sex trafficking why are they encouraging the use of a supposedly untraceable form of payment? Simple, all they really care about is making as much money as they can from the prostitution ads where too many women and girls are forced into sexual slavery by their traffickers and pimps. If Backpage really cared about their victims they would shut down their adult ad section. They just can’t walk away from the millions of dollars they make off of the modern-day slave trade.
UPDATE: Bitcoin is now the only form of payment for Backpage as the major credit card companies have cut all ties with them.