Industry Report: Bitcoin Creates ‘Love-Hate’ Relationships

GoFundMe doesn’t care for bitcoin while a European betting site does, and two more security breaches occur. Want to catch up on your latest digital currency and tech news? Take a look at the stories below.
Also read: Industry Report: The Digital Drug World Just Got a Lot More Private
GOFUNDME DITCHES BITCOIN-POWERED CAMPAIGN
An Africa youth campaign on GoFundMe was temporarily suspended after it placed a bitcoin address on its donations page. The platform halted the campaign, feeling that bitcoin was in direct competition with GoFundMe’s primary donation methods. The address was removed, and the page was later restored, but some are angry about the site’s decision and feel bitcoin is not appreciated enough as a monetary source.
The funded program involves community worker Anthony Ojok, who works with homeless and child soldiers in Uganda. He’s looking to build an organization that doesn’t give them handouts, but rather the potential skills to find work and run businesses. The campaign also features a video specially produced by rap artist Rob Hustle, who expressed disappointment in GoFundMe’s decision:

This post was published at Bitcoinist on 2016/09/05.

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