Sample email requesting that a service/business discontinue using BitPay. - Cryptocurrency Reporters - A Light To Cryptocurrency World

Tuesday, 3 April 2018

Sample email requesting that a service/business discontinue using BitPay.


Sample email requesting that a service/business discontinue using BitPay.Dear {company-name},I believe that you provide a valuable service, and appreciate the ability to pay using Bitcoin. However, you are currently using BitPay as your payment processor. This company currently imposes several restrictions on Bitcoin users that similar companies, services, and open-source projects do not impose. One example of this is requiring the use of Payment Protocol, a less secure option compared to standard Bitcoin addresses. Some of the reasons why this change is detrimental are detailed in this blog post by Samourai Wallet. BitPay also imposes a "network fee" on Bitcoin payments. This fee, despite its intentionally misleading name, is not an inherent network fee. ALL REQUIRED NETWORK FEES ARE SET BY THE USERS WALLET, NOT THE PAYMENT PROCESSOR. This is a shameless attempt to attempt to switch users to Bitcoin Cash (sometimes abbreviated as BCash), a cryptocurrency competing with Bitcoin. Users are not charged an additional fee by BitPay for the use of Bitcoin Cash. I would recommend that you switch Bitcoin payment processors, or accept Bitcoin payments directly, without an intermediary.I realize that changing providers can be difficult, and would therefore recommend an open-source software called BTCPay as a replacement for BitPay. BTCPay was designed specifically to replace BitPay, and provides several compelling features for those already using BitPay. BTCPay has an identical API to BitPay, requiring only the base URL to be changed. In addition, BTCPay servers are self-hosted. This removes BitPay as an intermediary, allowing Bitcoin to be used in a true peer-to-peer fashion. BTCPay also experimentally supports the use of the Lighting Network for payment. Lightning Network is a second-layer solution that improves Bitcoin's scalability, privacy, and confirmation times. However, it is emphasised that LN is still in beta stages, and may not be production ready. BTCPay does not require the use of LN. I hope that you will be able to consider removing BitPay from your service, as it will allow more customers to pay with Bitcoin.Sincerely, {your-name} via /r/Bitcoin https://ift.tt/2JfBwi8

Dear {company-name},

I believe that you provide a valuable service, and appreciate the ability to pay using Bitcoin. However, you are currently using BitPay as your payment processor. This company currently imposes several restrictions on Bitcoin users that similar companies, services, and open-source projects do not impose. One example of this is requiring the use of Payment Protocol, a less secure option compared to standard Bitcoin addresses. Some of the reasons why this change is detrimental are detailed in this blog post by Samourai Wallet. BitPay also imposes a "network fee" on Bitcoin payments. This fee, despite its intentionally misleading name, is not an inherent network fee. ALL REQUIRED NETWORK FEES ARE SET BY THE USERS WALLET, NOT THE PAYMENT PROCESSOR. This is a shameless attempt to attempt to switch users to Bitcoin Cash (sometimes abbreviated as BCash), a cryptocurrency competing with Bitcoin. Users are not charged an additional fee by BitPay for the use of Bitcoin Cash. I would recommend that you switch Bitcoin payment processors, or accept Bitcoin payments directly, without an intermediary.

I realize that changing providers can be difficult, and would therefore recommend an open-source software called BTCPay as a replacement for BitPay. BTCPay was designed specifically to replace BitPay, and provides several compelling features for those already using BitPay. BTCPay has an identical API to BitPay, requiring only the base URL to be changed. In addition, BTCPay servers are self-hosted. This removes BitPay as an intermediary, allowing Bitcoin to be used in a true peer-to-peer fashion. BTCPay also experimentally supports the use of the Lighting Network for payment. Lightning Network is a second-layer solution that improves Bitcoin's scalability, privacy, and confirmation times. However, it is emphasised that LN is still in beta stages, and may not be production ready. BTCPay does not require the use of LN. I hope that you will be able to consider removing BitPay from your service, as it will allow more customers to pay with Bitcoin.

Sincerely, {your-name}

Dear {company-name},I believe that you provide a valuable service, and appreciate the ability to pay using Bitcoin. However, you are currently using BitPay as your payment processor. This company currently imposes several restrictions on Bitcoin users that similar companies, services, and open-source projects do not impose. One example of this is requiring the use of Payment Protocol, a less secure option compared to standard Bitcoin addresses. Some of the reasons why this change is detrimental are detailed in this blog post by Samourai Wallet. BitPay also imposes a "network fee" on Bitcoin payments. This fee, despite its intentionally misleading name, is not an inherent network fee. ALL REQUIRED NETWORK FEES ARE SET BY THE USERS WALLET, NOT THE PAYMENT PROCESSOR. This is a shameless attempt to attempt to switch users to Bitcoin Cash (sometimes abbreviated as BCash), a cryptocurrency competing with Bitcoin. Users are not charged an additional fee by BitPay for the use of Bitcoin Cash. I would recommend that you switch Bitcoin payment processors, or accept Bitcoin payments directly, without an intermediary.I realize that changing providers can be difficult, and would therefore recommend an open-source software called BTCPay as a replacement for BitPay. BTCPay was designed specifically to replace BitPay, and provides several compelling features for those already using BitPay. BTCPay has an identical API to BitPay, requiring only the base URL to be changed. In addition, BTCPay servers are self-hosted. This removes BitPay as an intermediary, allowing Bitcoin to be used in a true peer-to-peer fashion. BTCPay also experimentally supports the use of the Lighting Network for payment. Lightning Network is a second-layer solution that improves Bitcoin's scalability, privacy, and confirmation times. However, it is emphasised that LN is still in beta stages, and may not be production ready. BTCPay does not require the use of LN. I hope that you will be able to consider removing BitPay from your service, as it will allow more customers to pay with Bitcoin.Sincerely, {your-name}

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