BitPay, one of the oldest services to bring Bitcoin payments to merchants, plans on unrolling Ethereum (ETH) gateways.
— BitPay (@BitPay) September 16, 2019
Bitcoin Maximalists Unimpressed With BitPay
The move, potentially diversifying crypto payments, immediately found a response with WhalePanda, an influential Bitcoin Maximalist. He called the move a form of “desperation”, recalling earlier dismissal of the Ethereum network.
Desperation. They must be going through a really hard time.. which is understandable since they don’t even support normal Bitcoin payments and require KYC (and of course they supported all attacks on Bitcoin in the past)
Stay away from Bitpay.https://t.co/GPk25kwAwg
— WhalePanda (@WhalePanda) September 16, 2019
BitPay has received criticism for years and has faced multiple troubles in bringing BTC payments to merchants. An era of high fees caused…