PayFast ending support for Bitcoin

[chopsky]

https://www.payfast.co.za/2019/07/12/ending-support-for-bitcoin/

"Unfortunately there are a number of limitations and design flaws unique to Bitcoin that make it an impractical substitute for cash, including high transaction fees and long confirmation times for buyers. We’ve tried various ways to mitigate these problems, but unfortunately, these issues are fundamental. The resultant poor user experience has led us to re-evaluate Bitcoin as a payment method on our platform and a decision has been taken to discontinue support for Bitcoin from midnight 20 July 2019. "

 

[chopsky]

A really unfortunate development...

 

[smc]

But inevitable.

Without support for something to make payments effective - e.g., "layer 2" - bitcoin is useless for day-to-day stuff.

 

[Swa]

Not surprised with the way they handled Bitcoin.

 

[C4Cat]

Not surprised with the way they handled Bitcoin.

How did they handle bitcoin?

 

[Swa]

How did they handle bitcoin?

Let's just say they didn't seem to know what Bitcoin is and that it can be contacted. It's all in the Bitcoin thread.