I needed to pay for something today and opted to pay with Bitcoin, as I always do. The provider I'm using subscribes to Bitpay, and to complete the payment, I was first asked to log in and create an account, then verify it with some kind of "biometric scan"
No thank you
Don't use Bitpay. That's worse than paying with fiat.
Bitpay is such an atrocious experience it feels like a false flag attack on bitcoin.
Before this upgrade, paying with Bitpay was definitely preferable over Fiat. Much higher success rate of the payment succeeding, for example
I wouldn't call it an "upgrade" 😅. It used to work like bitcoin is supposed to work, but they had to screw it up.
In a way, all these hypercompliant losers that are worried that people might be "laundering" money with $10 payments are doing us a favor in the long term. Let's use bitcoin as intended: P2P, without intermediaries.
Bingo
Yikes, avoid at all cost. You do not want this floating around.
As we know, all this stuff is susceptible to hacks - honeypots.
straight to IRS
Sounds like a terrible idea!!
Yeah, I was trying to find out some info on some old exchanges I used some time ago. All of them wanted to reverify, jump through hoops and update numbers address etc.
Forget it!
Send to that merchant the BTCPay documentary :)
Don't use it.
Do you use one for your apple phone?
If you have done it oncealready, its already in they system.
Bitpay is a conventional payment processor