Stripe won't accept Bitcoin anymore

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Stripe won't accept Bitcoin anymore

Stripe won't accept Bitcoin anymore

Bitcoin has been dealt another blow — Stripe will no longer accept payments with the decentralized cryptocurrency.

It seems like Bitcoin is getting battered this week with its declining value, but Stripe's decision is pretty logical and inevitable.

SEE ALSO: Bitcoin is a victim of its own success


As the company explained in a blog post, "Bitcoin has evolved to become better-suited to being an asset than being a means of exchange."*

It says the usefulness of the coin as a payment method has decreased and fees are through the roof — transaction fees were above $50 at one point at the height of the Bitcoin bubble late last year. Read more...

More about Bitcoin, Stripe, Cryptocurrency, Payment Platform, and Tech

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