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A “protest” on Twitter leads to Pine64 not using BitPay to receive their payments in Bitcoin

May 16, 2020

BitPay, the cryptocurrency payment processor, lost a major customer before siquira accepted paymentsafter falling victim to a negative response on social networks.

In one Debate on twitter on May 15th the computer manufacturer Pine64 said that it had thought to use BitPay to accept cryptocurrency, but that it would now stop the plans looking for an alternative partner.

Pine64: We have “no intention” anymore to use BitPay

Said The reason was a “protest” among Twitter users because the company decided to use BitPay.

A “protest” on Twitter leads to Pine64 not using BitPay to receive their payments in Bitcoin
A “protest” on Twitter leads to Pine64 not using BitPay to receive their payments in Bitcoin

A later post later states:

We have seen the protest against @BitPay and no longer intend to use it. In the coming weeks and months, we will continue to explore options that work for us and are affordable for our community..

Among those who put pressure on Pine64 to rethink the use of BitPay were several high-profile Bitcoiners, including Hodlonautl, organizer of Lightning Torch.

Nicholas Dorier, founder of the open source payment service provider BTCPay, took the opportunity to highlight the benefits of their product, something that Pine64 later retweeted.

“”I strongly advise NOT to use Bitpay Instead, I advise you to present the option to your engineers Use BtcpayServer for free and have complete control over your online trading, “added Vortex, another well-known commentator.

Bitcoin Cash reaches its lowest point

Bitter aversion to Bitcoin circles has been around for a long time. As Cointelegraph reported the company’s lack of compatibility with many wallets and the obvious attempts to privilege Altcoin Bitcoin Cash (BCH), the fifth largest cryptocurrency by market cap compared to Bitcoin (BTC), has sparked frequent social media disputes.

The company has remained firm despite controversy, including getting the call “Network costs” for Bitcoin paymentsWhile BCH payments often do not charge such a fee.

BitPay was again heavily criticized during the Wildfire series 2019 Automatically block Bitcoin donations to charities.

BCH / BTC diagram since launch

Diagram of the BCH / BTC pair since inception. Source: CoinMarketCap

Meanwhile, Bitcoin Cash’s fortune has dropped, and it is currently Your trading is almost at an all-time low in terms of Bitcoin price.

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