I don't buy it. How much money are they going to make from those plans? A grand here and there from the big clients and a hundred bucks from the small clients? Their annual run rate is at least 6-7 million dollars a…
It is pretty much open secret amongst the bitcoin crowd. They didn't announce it of course. But next time you meet someone from bitpay, explicitly ask them how that $100m is calculated.
2 things I am thinking: 1. If Bitpay was making a lot of money on payment processing, would they have gone to free forever? No! - The reason is payment processing does not generate much cash! Certainly nothing that can…
I don't buy it. How much money are they going to make from those plans? A grand here and there from the big clients and a hundred bucks from the small clients? Their annual run rate is at least 6-7 million dollars a…
It is pretty much open secret amongst the bitcoin crowd. They didn't announce it of course. But next time you meet someone from bitpay, explicitly ask them how that $100m is calculated.
2 things I am thinking: 1. If Bitpay was making a lot of money on payment processing, would they have gone to free forever? No! - The reason is payment processing does not generate much cash! Certainly nothing that can…