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Massive Bitcoin conference cuts off Bitcoin payments

North American Bitcoin Conference ironically doesn't accept Bitcoin payments ahead of its January 18-19 event
By: Anthony Garreffa | Cryptocurrency & Mining News | Posted: Jan 11, 2018 7:02 am

In what feels like the most ironic story I've written in a while, the North American Bitcoin Conference ticking page doesn't support Bitcoin payments, with an explanation from the group saying the "no cryptocurrency" policy is because of the "network congestion and manual processing".

 

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There's a valid reason here, but it's just ironic that one of the best Bitcoin conferences in the world... doesn't accept Bitcoin right now. Bitcoin.com is reporting that more and more merchants are not accepting Bitcoin payments anymore because it's not quick and easy like other cryptocurrencies.

 

But the point is that Bitcoin isn't a transaction coin, and more of a stored value coin and "USD" of crypto. You need to trade BTC for most alt coins, and isn't something you buy your coffee or pay for your Netflix subscription with.

 

 

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NEWS SOURCES:Mashable.com

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