Wednesday, January 10, 2018

The North American Bitcoin Conference is No Longer Accepting Bitcoin Payments for Tickets

Clumsy currency:
Moe Levin, the conference’s organizer, told Bitcoin.com, “We wish this was easier, but no ticketing options exist which can handle large volumes of ticket sales, and transaction fees on the Bitcoin blockchain exceed $30 at certain times of the day.” His team is reportedly trying to find a way to implement cryptocurrencies with lower transaction fees, such as bitcoin cash, into the payment system. Yet, as Levin notes, it’s difficult to set up crypto payments when ticketing services like Eventbrite don’t accept bitcoin yet.

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