Crypto Findom is a relatively new phenomenon that has emerged within the last few years. Marketwatch broke news about it first time back in 2017.
It involves the use of cryptocurrency as a means of financial domination. In essence, it is a way for submissive individuals to give their hard-earned money to those who they deem to be their superiors.
What is Crypto Findom?
In simple terms, crypto findom is the act of financially dominating someone using cryptocurrency. It usually involves the dominant individual asking for – and receiving – regular payments in cryptocurrency from their submissive counterpart. These payments can be in the form of tips, gifts or even regular monthly allowances.
What Does it Mean?
There are a few different interpretations of what crypto findom actually means. For some, it is simply a way to make money from those who are willing to give it to them. For others like me, it is about the power exchange that takes place between the two parties involved.
Furthermore, some if not most Findoms like me are somehow addicted to money, and receiving big tributes gets us excited. It’s fascinating feeling!
Those who engage in crypto findom often see it as a form of financial domination where the submissive is completely under the control of the dominant individual.
The submissive may feel a sense of pleasure or satisfaction from making these payments and knowing that they are helping to support their superior and or just being exploited.
How Does It Work?
Crypto findom usually takes place online, though there are some exceptions. It typically involves setting up an account with a cryptocurrency exchange or wallet service and then asking for payments to be made from that account.
Of course a payment wallet could also receive cryptos for example from the mining operation.
The dominant individual, i.e., Financial Dominatrix like me, will usually provide their submissive with a specific address to send the payments to. For example, I have wallets for BTC (Bitcoin), ETH (Ethereum and all ERC-20 tokens) and BNB (BEP-20 tokens) tributes.
Those are my own wallets, and not in any crypto exchange such as Coinbase or Binance as I really want to be in control of my pay pigs as well as my funds.
Once the payments have been made, the dominant individual will then use them as they wish. They may choose to spend them, save them or even reinvest them back into the cryptocurrency market.
Why Do People Do It?
There are a few different reasons why people engage in crypto findom. For some, it is simply a way to make money. They may view it as an easy way to earn an income without having to do much work. Others may see it as a way to gain power and control over someone else.
Still, others may do it for the sheer thrill of it. They may get a rush from knowing that they are in control of another person’s finances and can do with them as they please. As you should already know, for myself it’s the later and the feeling when I receive tributes.
What Are the risks?
There is always the risk that the dominant individual could abuse their power. This is why it is important to only give money to someone who you trust and who has your best interests at heart.
Is cryptocurrency financial domination common for subs?
Yes, it is becoming increasingly popular for subs to use cryptocurrencies as a way to tribute their doms. This is because it offers a number of advantages over traditional methods such as PayPal or credit cards.
For one, cryptocurrencies are much more anonymous than traditional payment methods. This means that your personal information is not attached to your transactions, which can be a major advantage if you want to keep your identity confidential.
Secondly, cryptocurrencies are typically processed much faster than traditional payments. This can be a major advantage if you need to make a last-minute tribute or if you want your dom to receive the funds as quickly as possible.
Finally, many doms prefer to receive payments in cryptocurrencies because they can be converted into cash quickly and easily. This allows them to avoid the hassle of having to deal with traditional banks or financial institutions.
So how much should you use when tributing your dom?
There is no set answer to this question since it will vary depending on your finddom’s preferences.
However, as a general guideline, you should expect to use around 1-2% of your total net worth in cryptocurrencies at early stage of financial domination relationship just to show you are a serious pay pig or money slave.
For example, if you have a net worth of $100,000, you should expect to use $1,000-$2,000 worth of cryptocurrencies when tributing your findom.
Cryptocurrencies are becoming increasingly popular for financial domination and can offer a number of advantages over traditional payment methods. Just be sure to use the right amount based on your net worth and the specific cryptocurrency you use.
Are you looking for crypto Findom?
If you are looking for cryptocurrency Financial Dominarix, you have already found one. However, I’m not an easy case. Take a look at my pay pig application page, and find out what I’m looking for and what kid of wannabe pay pigs I don’t welcome.
I’m not only bi and Princess but also Dominatrix and Findom. I love writing and I’m deep into BDSM, bondage, dominance, and submission, and of course into plenty of fetishes. I started SMCult.com, a BDSM & Fetish & Fimdom blog to share my experiences and information as I wish to push people to discover their real identity and sexuality, plus put like-minded people together through various dating avenues as it’s my biz. Post your thoughts about this post below, and don’t hesitate to connect with me through my channels, but don’t expect getting an answer unless you send me also a tribute. 💗💗💗💗💗
1 thought on “Crypto findom and cryptocurrency financial domination what it is and how it works?”
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