• DeBitpay Directory

BitPay

BitPay has been consistently anti-Bitcoin over the past years:

  • They force users to both register and identify themselves when paying with Bitcoin
  • They supported the S2X attack on Bitcoin (Link 1, Link 2)
  • They dropped support for native Bitcoin addresses
  • They block payments by IPs/locations
  • They don't support SegWit
  • They added KYC for purchasers
  • They reject "too high" payments without their permission
  • Their payment protocol has security issues
  • They hold funds when withdrawing to a bank account using SWIFT
  • They cooperate with Chainalysis
  • more is coming...
😎 Check Awesome Bitcoin Payment Processors list to find out better ways to accept Bitcoin.

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