【Watch I Don't Love You Yet Online】
Bitcoin has been dealt another blow -- Stripe will no longer accept payments with the decentralized cryptocurrency.
It seems like Bitcoin is Watch I Don't Love You Yet Onlinegetting 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 successAs 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.
Stripe will stop accepting Bitcoin transactions as of April 23 and start slowing down support services in the next three months.
This Tweet is currently unavailable. It might be loading or has been removed.
This isn't the first company to back off Bitcoin payments because of hefty fees, volatile shifts in value, and slow processing. Stripe said it's seen an increase in failure rates for transactions, frustrating everyone in the process.
Despite backing off Bitcoin, Stripe said, "we remain very optimistic about cryptocurrencies overall."
Even a Bitcoin conference bumped up against the Bitcoin-sucks-as-a-transaction-currency issue and wouldn't allow tickets to be purchased with the cryptocurrency. So it's not you, it's them.
Featured Video For You
This bitcoin wallet claims to be hack-proof
Topics Bitcoin Cryptocurrency
Search
Categories
Latest Posts
Best robot vacuum deal: Get 44% off the Eufy Robot Vacuum C10
2025-06-26 12:59MLB wants you to buy snacks with your face
2025-06-26 12:178 Years Later: Does the GeForce GTX 580 Still Have Game in 2018?
2025-06-26 11:29Popular Posts
Things Intel Needs to Fix
2025-06-26 13:20Big Spring Sale Audible deal: 3 months for $0.99/month
2025-06-26 13:19XBox president Sarah Bond: The secrets of her success
2025-06-26 13:07Patched Desktop PC: Meltdown & Spectre Benchmarked
2025-06-26 12:10Featured Posts
Things AMD Needs to Fix
2025-06-26 13:44Shop the Miele C1 vacuum during Amazon's Big Spring Sale
2025-06-26 13:31Is Reddit down? Site experiences March 27 outage
2025-06-26 12:494GHz CPU Battle: AMD 2nd
2025-06-26 12:16Popular Articles
The best day to book your flight, according to Google
2025-06-26 13:17What's new to streaming this week? (March 28, 2025)
2025-06-26 13:17Amazon Big Spring Sale 2025: Best iPad deals
2025-06-26 13:00Best Amazon Big Spring Sale power bank deal: Only $9.99
2025-06-26 12:46Newsletter
Subscribe to our newsletter for the latest updates.
Comments (6428)
Exploration Information Network
Gods of War
2025-06-26 13:35Openness Information Network
OpenAI's Studio Ghibli
2025-06-26 13:30Miracle Information Network
The Kindle Scribe just dropped to its lowest price ever, but is it worth it?
2025-06-26 11:57Habit Information Network
Houston vs. Purdue 2025 livestream: How to watch March Madness for free
2025-06-26 11:34Star Sky Information Network
U.N. confirms the ocean is screwed
2025-06-26 11:25