Wow Stripe Abandons Bitcoin
Sunday, February 9, 2020
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Title : Wow Stripe Abandons Bitcoin
link : Wow Stripe Abandons Bitcoin
This is big.
Stripe, a San Francisco-based payment processor for to a greater extent than than 100,000 businesses, said yesterday that it volition destination processing bitcoin transactions on Apr 23. Stripe production director Tom Karlo said the firm, which has accepted bitcoin for payments since 2014, had hoped the digital money would conk a “universal, decentralized substrate for online transactions” that helps users inwards places where credit cards are less available or also expensive.
He said that Bitcoin was becoming less useful for payments as well as that transaction confirmation times direct maintain risen substantially; this, inwards turn, has led to an growth inwards the failure charge per unit of measurement of transactions.
Empirically, in that location are fewer as well as fewer purpose cases for which accepting or paying amongst bitcoin makes sense, he said, therefore, starting today, nosotros are winding downwards back upward for bitcoin payments.
"Transaction processing difficulties," is 1 of the 4 pillars that I previoulsy identified equally potentially causing problems for bitcoin.
-RW
You are now reading the article Wow Stripe Abandons Bitcoin with the link address https://inspirationsbymeforyou.blogspot.com/2020/02/wow-stripe-abandons-bitcoin.html
Title : Wow Stripe Abandons Bitcoin
Wow Stripe Abandons Bitcoin
This is big.
Stripe, a San Francisco-based payment processor for to a greater extent than than 100,000 businesses, said yesterday that it volition destination processing bitcoin transactions on Apr 23. Stripe production director Tom Karlo said the firm, which has accepted bitcoin for payments since 2014, had hoped the digital money would conk a “universal, decentralized substrate for online transactions” that helps users inwards places where credit cards are less available or also expensive.
Empirically, in that location are fewer as well as fewer purpose cases for which accepting or paying amongst bitcoin makes sense, he said, therefore, starting today, nosotros are winding downwards back upward for bitcoin payments.
"Transaction processing difficulties," is 1 of the 4 pillars that I previoulsy identified equally potentially causing problems for bitcoin.
-RW
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You are now reading the article Wow Stripe Abandons Bitcoin with the link address https://inspirationsbymeforyou.blogspot.com/2020/02/wow-stripe-abandons-bitcoin.html
