January 23, 2018Blog Posts

Stripe is ending support for bitcoin payments on April 23


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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