Payment Processor Stripe to End Support for Bitcoin

Payment processor Stripe announced Tuesday that it will end support for bitcoin as a payment method in April. Product manager Tom Karlo wrote in a blog post that Stripe would transition away from bitcoin over the next three months, fully ending support for the largest cryptocurrency on April 23, 2018. "Because of this, we've seen the desire from our customers to accept Bitcoin decrease. And of the businesses that are accepting Bitcoin on Stripe, we've seen their revenues from Bitcoin decline substantially. Empirically, there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense." While Stripe will no longer accept bitcoin payments, Stripe remains "Very optimistic about cryptocurrencies overall," Karlo wrote, saying he believes support for other coins may be implemented at a future date.
Original source
https://www.coindesk.com/stripe-to-end-support-for-bitcoin-transactions/

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