by John Smith 
Twitch has stopped accepting cryptocurrency payments!
Twitch, the platform offering streaming services owned by Amazon.com, has stopped accepting cryptocurrency payments, as reported by its users on Reddit.
The measure of the streaming platform, with more than 15 million active users, has been reported by its users via Reddit: “Twitch has silently eliminated Bitcoin and Bitcoin Cash as a payment method for subscriptions.
They had an option to pay by Bitpay.
It has been eliminated in recent weeks as a means of payment for all countries.
Negative adoption attacks, unfortunately, again,” says the publication.
Some users who responded to this message indicated that they did not know that the platform was able to pay in crypto. “It’s sad because it’s a vicious circle with companies doing this kind of thing.
They probably eliminated it because of the lack of people who use it, but there are few who use it because they just did not have any idea, as I had no idea “, declared one of these users.
In the past, companies that accepted cryptocurrency payments were temporarily abandoning them due to technical difficulties.
As was the case with Chess.com, which recently revealed on social networks that it could not accept more than 100 BTC payments due to difficulties with its payment processor.
Twitch, in particular, added cryptocurrency payments in mid-2018, allowing users to pay subscriptions for their favorite broadcast channels by using several major crypto-currencies, such as BTC, BCH, ETH, and LTC.
For this, visitors to Twitch had to associate a Streamlabs account with their Coinbase account, which allowed them to obtain cryptocurrency streams at no additional cost.
According to another Reddit thread, StreamLabs has also stopped accepting crypto-currencies.
As a result, perhaps as a direct result, Twitch has stopped offering this feature.
However, some crypto enthusiasts have canceled their subscription on the platform after hearing the news.
More and more companies accept cryptocurrency payments and others stop them.
Many use Bitpay, users also specify that Twitch could have used Bitpay to deal with cryptocurrency payments!
This may be due to technical problems, the reason is not clear.
We can still highlight the effort Twitch had made by accepting payments in cryptocurrency.
The public may not be ready yet or it is not profitable for the company, no one knows.
We can say that Twitch and other companies will go back to cryptocurrency someday anyway!
