Pedophiles and criminals engaged in child cybersex are proliferating in the Philippines as the cybersex industry becomes more sophisticated and profitable despite numerous crackdowns both by local and foreign authorities, according to a report by Channel News Asia.

Citing a study by the Financial Coalition Against Child Pornography and the International Centre for Missing & Exploited Children titled Cryptocurrency and the BlockChain, it said that encrypted payment systems involving cryptocurrencies and Bitcoin are driving the proliferation of live-streaming child sexual abuse. On average, live abuse or when a user instructs the children to perform sexual acts, cost around 10 Bitcoins when it was still worth $10,000, but a live-stream view-only would cost one Bitcoin.

What are people's thoughts on this? Do you believe it is helping the industry or is it just incidental?

Source of the stats : https://cryptovest.com/news/cryptocurrency-helping-spread-sexual-child-abuse-in-the-philippines/