The “stripper index” — an anecdotal measurement that connects economic health with spending on adult entertainment — appears unable to predict Bitcoin’s (BTC) price.
Kodi Rose, a self-described “dollar stripper” and adult content creator, alluded to these frontline insights in a recent viral TikTok video, saying she believes the economy is already in a recession as fewer customers are asking where they can “hit the slopes,” a social code for cocaine.
The digital equivalent of exotic dancers is adult content creators, and OnlyFans dominates the space. On the platform, users subscribe to creators and tip for extras.
Turns out the stripper index doesn’t really work for Bitcoin. A 57-month revenue analysis of one mid-tier OnlyFans creator shows a negative correlation with Bitcoin’s price, despite the two moving in the same direction more than half the time.
To understand whether creators’ income holds any predictive value for Bitcoin, Cointelegraph spoke to veterans in the adult entertainment industry who’ve weathered both its ups and downs alongside crypto’s hype cycles.
Bitcoin followed OnlyFans model’s earnings 55% of the time
The stripper index is backed by the assumption that consumers will cut down on non-essential spending during economic downturns.
“Sex work is considered a ‘non-essential’ service — it’s entertainment, a luxury. Therefore, it’s one of the first expenses people cut when their financial situation becomes uncertain or they anticipate economic instability,” Catherine De Noire, an OnlyFans creator and brothel manager, told Cointelegraph.
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Alana Nguyen, who performs on OnlyFans under the stage name “Nerdy Dancing,” shared her monthly earnings with Cointelegraph since moving online after the 2020 pandemic shut down of the physical world, including strip clubs. So far, she hasn’t noticed any clear correlation between crypto prices and subscriber behavior.
“Even if there are global economic conditions affecting overall spending, I don’t think crypto prices correlate strongly with my earnings,” Nguyen told Cointelegraph.
A Pearson correlation coefficient of -0.335 over 57 months suggests a moderately negative…
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