The irony of a conference dedicated to all things cryptocurrency that's unable to accept bitcoin payments for conference tickets is glaring.
On the North American Bitcoin Conference ticketing page — where last minute tickets are $1,000 USD for the Jan. 18-19 event in Miami — an explanation for the "no cryptocurrency" policy cites "network congestion and manual processing."
SEE ALSO:Here's what you need to know before you buy bitcoinTo be fair, processing fees are high for bitcoin. The price fluctuates, but it's gone up in recent months, reaching an average as high as $55. This week it's closer to $30. As Bitcoin.com reported, a growing list of merchants is pulling back from bitcoin payments. It's not a quick and easy transaction system.
Also, bitcoin -- no matter how hard we try -- is not a transaction coin. It's more about its stored value. Instead of treating it like dollar bills in a virtual wallet, it needs to be viewed more as an asset -- something you wouldn't pull out for any old purchase.
Still, the optics aren't good on this, and show the limitations bitcoin and other cryptocurrencies face to become more mainstream. Cue the "not the Onion" jabs and bubble-bursting predictions.
Tweet may have been deleted
Tweet may have been deleted
Tweet may have been deleted
Here's the full explanation from the Bitcoin Conference ticketing page:
Due to network congestion and manual processing, we have closed ticket payments using Cryptocurrencies — Hopefully, next year there will be more unity in the community about scaling and global adoption becomes reality.
We have, and always will, accept cryptocurrencies for our conferences, up to fourteen days before the event. However, due to the manual inputting of data in our ticketing platforms when paid in cryptocurrencies, we decided to shut down bitcoin payments for last minute sales due to print deadlines.
TopicsBitcoin
(责任编辑：熱點)
Slack goes down again, prompting anxiety everywhere
What to expect at Google I/O: Android P, Google Assistant, lots of AI
Roseanne quits Twitter after racist tirade, Wanda Sykes leaves show
Leslie Jones live
Honda's allFake news reports from the Newseum are infinitely better than actual news
Actual investigative journalism: who needs it?At least, that's what some people will likely conclude
...[详细]Tinder user got creative, sent match a thrilling interactive story
While Tinder can feel like a whole lot of meaningless swiping and embarrassing pickup lines, every o
...[详细]Don't let the Mount Kilauea eruption stop you from visiting Hawaii
The images are downright apocalyptic. With plumes of ash and glowing lava, the area around Mount Kil
...[详细]Billy Idol had the best tweet about the royal wedding
You'd think if anyone had an obvious Royal Wedding joke lined up and ready to go, it'd be Billy "Whi
...[详细]Did our grandparents have the best beauty advice?
Do our grandparents really know what's best?They're older and wiser, and they have no shortage of ad
...[详细]We finally know who will walk Meghan Markle down the aisle
The question on everyone's lips in the past 24 hours (who'll walk Meghan Markle down the aisle?) fin
...[详细]Never forget that Donald Glover achieved early internet fame with a sketch about pooping his pants
Donald Glover is definitely having a Moment™. Fresh off of his successful hosting of Saturday
...[详细]Mark Ruffalo spoiled the end of 'Avengers: Infinity War' last summer
Mark. Dude. You're a great Bruce Banner, but you're terrible at this whole keeping secrets thing.Whe
...[详细]Plane makes emergency landing after engine rips apart during flight
A Southwest Airlines flight bound for Orlando, Florida, made an emergency landing Saturday morning d
...[详细]Hawaii volcano eruption brings the state's worst earthquake in decades
Right on the heels of Thursday's volcano eruption in Hawaii, a pair of earthquakes struck the state
...[详细]