In a post this morning, Stripe is winding down Bitcoin support over the next three months.
This is the beginning of the end of BitCoin Dominance.
They also say that they may add Stellar support:
We may add support for Stellar (to which we provided seed funding) if substantive use continues to grow. It’s possible that Bitcoin Cash, Litecoin, or another Bitcoin variant, will find a way to achieve significant popularity while keeping settlement times and transaction fees very low.
Given that they are invested in Stellar, it seems pretty likely that Stellar support will occur at some point.
Bitcoin is not headed to a million dollars! Common sense says as other coins are accepted for commerce, the value of Bitcoin will decrease to the fair value based on what it does, the extent to which is easier to use than other cryptocurrencies, and to some extent its fan base.
What do you think?
