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posted by Fnord666 on Thursday January 25 2018, @12:43AM   Printer-friendly
from the and-so-it-goes dept.

The payment service, Stripe, has ended its support for Bitcoin due to rising transaction fees and long confirmation times. Particularly the latter contribute to failed transfers. So Bitcoin is over as an experiment, and more are realizing that. However, the expectation is that some other cryptocurrency will become widely used, eventually.

Therefore, starting today, we are winding down support for Bitcoin payments. Over the next three months we will work with affected Stripe users to ensure a smooth transition before we stop processing Bitcoin transactions on April 23, 2018.

Despite this, we remain very optimistic about cryptocurrencies overall. There are a lot of efforts that we view as promising and that we can certainly imagine enabling support for in the future.

[ TMB Note: Yes, this will absolutely break our ability to accept BitCoin. Again. Which is fine this time as BitCoin transaction fees are now as high as the minimum price for a year's subscription. If you have a preferred alternative that we can accept without actually touching cryptocurrency, drop the info in a comment. ]


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  • (Score: 3, Touché) by The Mighty Buzzard on Thursday January 25 2018, @02:46AM (5 children)

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Thursday January 25 2018, @02:46AM (#627515) Homepage Journal

    I was going to say SN subscriptions aren't illicit but then I thought better of it.

    --
    My rights don't end where your fear begins.
    Starting Score:    1  point
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  • (Score: 2, Insightful) by tftp on Thursday January 25 2018, @02:56AM (4 children)

    by tftp (806) on Thursday January 25 2018, @02:56AM (#627518) Homepage
    It's much better to give SN extra dollars than to invest them into the heat death of Earth.