Chris Skinner's blog

Shaping the future of finance

Banking isn’t really about money

Chris Skinner Author Avatar

I’ve been tempted for some time to write a book about how sex is at the heart of commerce, innovation and money. I’ve alluded to it a few times, and particularly noted that the right honourable Jeremy Clarkson sometimes says something intelligent.

“Money and rumpy-pumpy (sex) are the twin engines powering everything we do”.

He’s right of course. It began in the second revolution of humanity as we became civilised thanks to farming. Farming meant that we settled and were no longer nomads, but it also meant that we no longer had to all be involved in finding and providing food for the tribe. Suddenly four out of five people could engage in something else, like entertainment, politics and religion.

The plough was at the heart of this revolution, and the BBC postulates that it may have been just this invention that created an unequal society, where women became oppressed :

Since women no longer had to carry toddlers around while foraging, they had more frequent pregnancies. Agrarian societies may even have changed sexual politics. If you have land, you can hand it down to your children. And if you're a man, that means you might become increasingly concerned about whether they really are your children - after, all, your wife is spending all her time at home. Is she really doing nothing but grinding grain? So one theory - speculative but intriguing - is that the plough intensified men's policing of women's sexual activity.

Similarly, the core of the revolution of humanity as it became civilised is that the King’s and priests created a control mechanism for their civilised societies called money. I’ve blogged about this often, and the fact the oldest profession of the world is prostitution as that’s what money was invented for. It’s even evidenced with monkeys, who also turn to prostitution when money is involved, so it’s in our heart and souls to intertwine money, commerce and sex. It is also why crime is so closely associated with all of these things, as crime is after money because money creates power.

I was alerted to how deep-rooted this link is between technological innovation, sex and money,, by Sam Maule of 11FS when he presented at the Financial Services Club a few years ago. He talked about the printing press and the invention of the first Western books. Starting with the Gutenberg Bible, what is less known is the Gutenberg Book of Poon. According to the website The Invention of Practically Everything: A brief history of pornography's central role in the invention of practically everything:

Gutenberg also published and peddled a far more lucrative text from an off-hours warehouse behind his Hof Hombrecht workshop, the “Bible of Poon, Girls of 1440 Edition,” an illustrated folio that included lewd confessional letters of young big bosomed women committing miscellaneous acts of fornication under the influence of Satan and his minions. Based on writing samples from Gutenberg’s notebooks, scholars have concluded that Gutenberg himself penned many of these early proto-porn fantasies. Gutenberg’s “Bible of Poon” ultimately outsold its more chaste sibling by 50,000 to 1.

Equally, I didn’t realise how embedded sex is at the heart of all innovation with technology, until I discovered another interesting book called The Erotic Engine. This book makes clear that every technological breakthrough can find its roots in pornography and, in order to allow these technologies to work, the pornographers find new ways of doing commerce and exchanging money for sex.

“Since at least the 1840s, when the first erotic photographs appeared, the link between pornography and communications has been financial … from photography forward, that willingness helped support many new technologies through their pornographic years until other, slower-developing non-sexual applications could gain a popular foothold.”

In this book, the author Patchen Barss takes us through history and shows how the first cameras weren’t very good …

… but the technology improved rapidly once the porn peddlers got their hands on it.

In fact, much of the drive towards cinema and then cable and now internet is predicated upon porn, according to Barss, and I can see this today in everything from robotics to blockchain to virtual reality.

For example, robots are often discussed in the context of sex robots. The faster we can create a realistic partner for sex with an off switch, the faster the revolution in technology across all aspects of robotics.

The same with virtual reality. I was taken aback when watching the launch of Alibaba’s new payment system for VR and the video spent quite a long time on the story of a guy watching attractive girls trying on underwear.

Sex sells. However, if you are worker in that industry, it can be dangerous so let’s record your contracts on the blockchain.

Yep, another great driver of technological innovation is taking the world’s oldest profession and digitalising it. Now what I’m talking about is nothing new. I’ve been blogging about it for a decade and, as can be seen, there are  already several blogs and books just dedicated to how porn is the disruptive backdrop to all innovation.

Porn and money. These are the twin engines that drive change. Now then, what would I call my new book …


… Digital Genital?

Chris Skinner Author Avatar

Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog,, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...

Digital Transformation Programme

Learn directly from from one of the most influential people in technology, gain insights from the world's most innovative companies, and build a global network.

Top 50 Global Thought Leaders and Influencers on FinTech 2022

Chris Skinner
Commentator, CEO of The Finanser and best-selling author at The Finanser

Thinkers360 Thought Leader

Contact Me

Best Financial Services Blogger

Chris’s latest book

Chris Skinner’s ‘Digital For Good’ Book Launch Event – CFTE

Global Awards

Best CEO of the Year UK 2022

Best Digital Finance Provider of the Year UK 2022

Best Financial Markets Adviser of the Year UK 2022

Portal to the Knowledge Base of the Financial Services Club UK 2022

Financial Markets Advisor of the Year UK 2022

Corporate America Today Annual Awards

Best Financial Markets Adviser of the Year UK 2022

Portal to the Knowledge Base of the Financial Services Club UK 2022

Financial Markets Advisor of the Year UK 2022

Nominee of MAD33 2021

Kids creating the future bank | TEDxAthens

Join me on Linkedin

Follow Me on Twitter!

UK’s most influential person in technology

Captain Cake and the Candy Crew

Captain Cake Winner of a Golden Mom’s Choice Award


TheNextWeb – #tnw

Learn more about Chris

About Chris Skinner

Presentation at ZBP, September 2020, Warsaw, Poland

Alex at the Financial Services

Gaping Void's Hugh MacLeod worked with the Finanser