Reddit Censors Darknet Forum and Removes Bitcoin Payment Method

Submitted by Guest on

Written by :

Guest

Published on :

Reddit Censors Darknet Forum and Removes Bitcoin Payment Method

There won't be any more reddit gold for bitcoin, reports Bitcoin.com News. The San Francisco headquartered link sharing and content rating website removed the option to gift users with the crypto payment method.

Reddit remains a leading forum for the wider bitcoin community – especially for new users to learn about the concept for the first time, Bitcoin.com News writes.

The site attempted to explain its decision: “The upcoming Coinbase change, combined with some bugs around the Bitcoin payment option that were affecting purchases for certain users, led us to remove Bitcoin as a payment option. We’re going to take a look at demand and watch the progression of Coinbase Commerce before making a decision on whether to re-enable.” Asked about the option to enable BCH payments due to their lower fees making it more economical for micro payments, the moderator answered: “Yeah that’s definitely a fair point! We’re going to keep that in mind as we move forward.”

Reddit also made the decision to remove one of its darknet forums.

From Bitcoin.com News:

In addition to removing the above mentioned payment option, the website has also removed one of the forums where some bitcoin users followed developments about spending cryptocurrency with utmost privacy. The subreddit r/Darknetmarkets, which followed anonymous commerce venues, has now been banned. The forum was censored as part of a broader crackdown on sensitive-topics subreddits for violating “Reddit’s policy against transactions involving prohibited goods or services.”

- Aaron Goldstein, Gambling911.com

Related Content

Dave & Busters

Suit Against Dave & Busters in South Carolina Court Claims Arcade Games Are Unlawful Gambling

A state advocacy group filed a suit in the District Court of South Carolina Florence Division late Wednesday April 15 arguing the chain’s games function as unlawful gambling rather than entertainment.
Fanatics Markets

Fanatics Markets Unveils Combos

Just in time for basketball’s postseason, Fanatics Markets is introducing a bigger way to trade with Combos.
Curacao

Curacao Is Still the Most Popular Gambling License. But the Rules Have Changed

If you have spent any time around the online gambling industry, you have heard the same pitch for Curacao a hundred times: cheap, fast, easy. For years that pitch was essentially accurate.
1Win airplane with man stepping out

Tyga Enters 1win VIP Program, as Platform Blends Crypto and Entertainment

1win continues to evolve its VIP ecosystem, bringing global rapper Tyga into its high-tier community while reinforcing its positioning as a crypto-first entertainment platform.