Since the dawn of Bitcoin, people have been using digital currency to purchase illicit substances on the Web. Now, there’s a new cryptocurrency intended expressly for porn-purchasing purposes: Wankcoin.

Here’s the summary on Wankcoin’s website, complete with the obligatory masturbation puns:

Wankcoin is a crypto-currency that can be used to buy porn anonymously! Not just porn, but hi-quality HD porn and lots of it! You don’t want to give up the numbers on that credit card? No problem, use Wankcoin. So cum and get it. The more you mine, the more you’ll find. All you have to do is keep wankin’ off to porn, and you’ll get paid! It’s simple. It’s the fucking dream job!

Sex! Money! Power!… WANKCOIN!!!

Basically, Wankcoin is exactly like Bitcoin, except you use it at select porn sites instead of buying Amazonian hallucinogens, outlawed French delicacies, or whatever illicit stuff rich people actually use cryptocurrencies for. It uses the same hashing algorithm as Bitcoin, and like Bitcoin it’s totally anonymous. It’s currently accepted at a handful of porn sites like Porn.com (which was one of the first big porn sites to accept Bitcoin), Big Tits like Big Dicks, Round Juicy Butts, and other assorted entries in the Criteron Collection.

This isn’t the first time that a cryptocurrency has been created exclusively for the adult industry: There’s also Sexcoin, Porncoin, and Titcoin, and a handful of other porn websites and escort services have started accepting alternative cryptocurrencies like Litecoin as well.

Because porn site visitors prioritize discretion, and cryptocurrency transactions are processed anonymously and almost instantly, the sex industry has been quicker than most to jump on the cryptocurrency train, but it has yet to be adopted industry-wide.

If the Bitcointalk.org forum is any indication, it doesn’t look like porn consumers will be any quicker to embrace Wankcoin than they have other cryptocurrencies. "If the industry was going to adopt anything, let's face it, it's going to be Bitcoin,” one poster writes.

Still, that didn’t stop the mathematical geniuses at Bitcointalk.org from figuring out exactly how much bang Wankcoin gives you for your buck: According to the thread, one wankcoin translates roughly into ten masturbation sessions.

H/T Buzzfeed | Photo by BTCKeychain/Flickr (CC BY 2.0)