Re:The Cryptocurrency Industry Is 'On the Brink of an Implos...
by lawn on Tuesday October 16, 2018 @03:07AM
(#18227271)
Bitcoin's developers have refused for years to do what's necessary to avoid high fees like that. Luckily there are other cryptocurrencies, like Bitcoin Cash, which consistently have < 1 cent fees.
The infrastructure for automatic payments isn't there yet that's true. There's no reason why it can't be done though. I also have recurring payments for my email service, VPN, VPS and domains which I pay using cryptocurrencies.
To be fair the point of cryptocurrencies isn't to store them on an exchange (although you can) as some of the benefits are then lost.
That Wikileaks take other options doesn't retract from the point that there are clear benefits for them to accept cryptocurrencies.
The infrastructure for automatic payments isn't there yet that's true. There's no reason why it can't be done though. I also have recurring payments for my email service, VPN, VPS and domains which I pay using cryptocurrencies.
To be fair the point of cryptocurrencies isn't to store them on an exchange (although you can) as some of the benefits are then lost.
That Wikileaks take other options doesn't retract from the point that there are clear benefits for them to accept cryptocurrencies.