Major Cryptocurrency Conference No Longer Accepting Bitcoin Payments

A Bitcoin conference has stopped taking the cryptocurrency as payment for tickets because of skyrocketing transaction fees and long processing time.

“Due to network congestion and manual processing, we have closed ticket payments using cryptocurrencies,” a note read on their website.

The North American Bitcoin Conference is due to kick off in Miami next week, but anyone hoping to spend their Bitcoin on tickets, costing $1,000 (£738) each, will have to purchase one using traditional credit cards or PayPal.


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