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On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.” Also read: G20 Leaders Issue Declaration on Crypto Assets – […]
The post South African Payment Gateway Drops BTC Over Fees and Network Congestion appeared first on Bitcoin News.
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The co-founders of Stripe, brothers Patrick and John Collison, recently discussed the company’s decision to no longer support bitcoin payments, and expressed a willingness to reverse this decision in future. Also Read: Bitcoin Ownership: Your Private Keys to Financial Sovereignty Declining Use of BTC as Means of Payment In a recent interview with Bloomberg, Stripe co-founders […]
The post Stripe Founders Discuss Decision to Drop BTC Payment Services appeared first on Bitcoin News.
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