NEWS
North American Bitcoin Conference Stops Accepting Bitcoin Payments

2018-01-13 19:08:15
by Saffron Weale
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North American Bitcoin Conference Stops Accepting Bitcoin Payments
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With less than a week to go until the North American Bitcoin Conference is held, the organisers have announced that they will no longer be accepting bitcoin payments for any ticket purchases.

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A message on the conference\'s official website stated that cryptocurrency was being withdrawn as a payment option due to \"network congestion\" and the need to manually process payments.

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The move further underlines the issues created by the high transaction fees and extended confirmation times associated with Bitcoin technology. Anyone who wishes to purchase a ticket in the days before the conference will now need to use fiat currency.

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The event is due to take place on January 18/19th in Miami, Florida, and aims to cover a variety of topics included Bitcoin, Ethereum, token sale mechanics, Blockchain technology, ICOs and regulation, with a number of industry speakers and thought leaders giving presentations during the event. 

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While it may seem somewhat ironic that a Bitcoin conference cannot accept payments in Bitcoin, the organisers are hopeful that in future they will not face the same problems; that the community will become more united in terms of scaling, and that when this occurs, global adoption will become a reality.

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