Bonanza. More than 100,000 BitPay merchants are now accepting Bitcoin Cash with the option seemingly automatically turned on for all of them.
We tried testing Microsoft Store, but unfortunately they did not even show bitcoin anymore from London. Newegg, however, is happy to accept both currencies, as is Namecheap, Vultr and many, many others.
It appears Bitcoin Cash has been fully integrated in the service, with merchants waking up this morning to suddenly find out they are accepting this new green thing.
“I just checked my merchant account. Apparently I’m accepting bch now, but I have no option to receive it. Hopefully that gets addressed soon,” one merchant says.
BitPay is apparently still working on the option to provide direct BCH payments, rather than insta-converting them into dollars or bitcoin.
With many merchants known to hodl the crypto, altho the vast majority do insta-convert it, the option might be available in the coming weeks.
But this roll-out is surprising in its scale and extent as you would have thought merchants would have had to manually turn the option on.
That’s not the case because this appears to be a plugin of sorts, where you presumably just copy and paste some code and then the thing works, or updates, by itself.
It’s the same with Coinbase, which has recently launched a new crypto payments plugin. There, however, you can choose what currency to accept out of four options: ethereum, bitcoin, bitcoin cash and litecoin.
While BitPay for now offers only bitcoin cash, in addition to bitcoin. So placing the two currencies on an equal standing where merchant adoption is concerned. With both now, to an equal extent, the most widely accepted digital currencies by far.
As such, let the games begin. The hodl v spendl, the cash v gold. For at the end of it the currency that will win is the one with most utility, although there’s no reason why they can’t have different utilities except the fact they’re pretty much identical.
We have to wait and see how it plays for now, but what we are seeing is a level playing field, with bitcoin cash so becoming ubiquitous.
That means forks work and are the only governance mechanism that counts in this brave new world where freedom is built within the code itself by that genius of an unknown man.
Considering BitPay was stupid eneough to launch a coin without:
A) informing their partners
B) offering a BCH wallet
I have disconnected BCH and will cancel the contract with BitPay.
I have signed a contract with a respectful company not with the pawns of Roger Ver. Contact me again when BitPay goes back to being a serious PSP.
Fantastic news.
Is there a list of these 100,000 merchants available? Would love to shop at some of the more obscure ones.
Hi, I am the owner of the company MGS Murano Glass Shop, I would like to point out that yesterday you can buy any of our products using the BitCoins: https://www.muranoglass-shop.com
Thank you!
Alessandro.
wow
We accept Bitcoin at our store – https://cryptopro.shop/ . Definitely worth checking out – we want to mainstream cryptocurrency and spread the culture through our apparel.
Better for crypto comunity
This is huge step forward in adoption of Bitcoin Cash (the real Bitcoin system).
Brainwashed trolls still doing the dirty work for Core & Blockstream and their fake Bitcoin BTC, will get what they deserve eventually. Bitcoin Cash will win, and no amount of propaganda from them, the MSM and rest of the establishment, can prevent this. Bitcoin Cash will be the first true decentralised money of the PEOPLE!
Sounds like Roger Ver is trolling again…lol Bitcoin is Bitcoin and the lightning network will make Bitcoin Cash Obsolete.
Argumentum ad Rogerum much, are we any further in that 18months estimate for it to be done, LN is just the jesus of the BTC religion , that will return in 18 months the same as jesus would return in their lifetime right?