Bitcoin conference stops accepting bitcoin for tickets, oh the irony

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.”

To 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. Read more…

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Source: Mashable | Bitcoin conference stops accepting bitcoin for tickets, oh the irony