January 23, 2018Blog Posts

Stripe is ending support for bitcoin payments on April 23

TechCrunch:

Payments platform Stripe will stop supporting bitcoin in April, citing the cryptocurrency’s volatility and long transaction times, among other things. It’s a logical decision, but one likely to anger the easily provoked crypto-crowd.

The problems with BTC are hard to deny for anyone who use it regularly. For one thing, entering a transfer into the blockchain may take hours, which is already a bummer for merchant transactions, but during that delay the value of the transferred BTC may also have shifted considerably, producing the wrong fiat dollar value.

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