Miami Bitcoin Conference Not Accepting Bitcoin as Payment

Written by:
Guest
Published on:
Jan/10/2018

Planning on attending next week's Bitcoin Conference and hoping to pay using the popular cryptocurrency?  You'll have to find another method to pay the hefty $1000 price tag to get in.


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“Due to network congestion and manual processing, we have closed ticket payments using Cryptocurrencies — Hopefully, next year there will be more unity in the community about scaling and global adoption becomes reality,” explains the TNABC ticketing page.

The North American Bitcoin Conference (TNABC) will be hosted in downtown Miami at the James L Knight Center, January 18-19.

Jamie Redman of Bitcoin.com writes:

Bitcoin settlement times, and the fee market associated with transactions, have become a hot topic these days as on-chain fees have risen to $30-60 per transaction. These issues have made it extremely difficult for businesses to operate, and many merchants have stopped accepting bitcoin for services and goods altogether. Just recently the tech giant Microsoft announced temporarily removing the “redeem bitcoin” button from the account services payment option. Now this week, due to the same related issues with the Bitcoin network, TNABC organizers have ceased accepting bitcoin payments for tickets. 

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