Category: Stripe

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The Daily: Outcry Over Censoring of Gab, Chinese State Media Plugs Bitcoin Book

The Daily: Outcry Over Censoring of Gab, Chinese State Media Plugs Bitcoin BookIn today’s edition of The Daily, we focus on the crypto community’s alarm over the de-platforming of a social media network in response to a shooting incident in the U.S. We also look at a recent Bitcoin book recommendation on a Chinese TV show, as well as a North Korean attempt to scam investors. Also Read: […]

The post The Daily: Outcry Over Censoring of Gab, Chinese State Media Plugs Bitcoin Book appeared first on Bitcoin News.

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Bitcoin’s Use in Commerce Falls by a Worrying 85%

Bitcoin will replace cash and card payments in the near future. This is a statement you’ve heard often. From its ease of use to the elimination of third-party payment processors, Bitcoin could be the ultimate payment method for the future. However, according to recent research, the reality on the ground is quite different. The research […]

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Bitcoin Is Impractical, Blockchain Is Overhyped: Stripe COO

Blockchain-based payment systems will not replace credit cards and other mainstream payment methods, at least not within a decade. This is mainly because they are too slow for day-to-day payments, with a Bitcoin transaction currently taking the better part of an hour. This is according to Claire Hughes Johnson, the COO of popular payment processor […]

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Stripe Founders Discuss Decision to Drop BTC Payment Services

Stripe Founders Discuss Decision to Drop BTC Payment ServicesThe 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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Bitcoin Usage Falls to Its Lowest in Months

Bitcoin Usage Falls to Its Lowest in MonthsThere’s never a bad time to be sending and receiving bitcoin, but right now is especially good. Fees are at the lowest in 18 months, with the average transaction value now under a dollar. This contrasts starkly with the latter quarter of last year, when rising fees peaked at $34. There’s a primary reason why […]

The post Bitcoin Usage Falls to Its Lowest in Months appeared first on Bitcoin News.

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Stripe is Withdrawing Support for Bitcoin Payments

Stripe is Withdrawing Support for Bitcoin PaymentsPayment processor Stripe is halting bitcoin support. Declaring that “there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense,” the online payments specialist is calling it a day on cryptocurrency for the time being. Over the past month, a handful of other companies have also rolled back bitcoin support, […]

The post Stripe is Withdrawing Support for Bitcoin Payments appeared first on Bitcoin News.

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