Bitcoin 

‘Never Use BitPay’ — Hong Kong Free Press Slams Bitcoin Donation Block

Cryptocurrency payment processor BitPay faces another publicity nightmare amid claims it blocked donations to Hong Kong for several weeks. According to a complaint on social media by Tom Grundy on Sept. 11, founder of crowdfunded media outlet Hong Kong Free Press (HKFP), BitPay suddenly began failing to pass on funds from donors.  Press CEO: “Never use BitPay” HKFP has accepted Bitcoin (BTC) support since 2015. Since that time, BitPay has processed payments worth just under 15,000 HKD ($1,900). For the past three weeks, however, the company has blocked access, Grundy…

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Bitcoin 

Peter Schiff Slams CNBC for Giving Bitcoin More Airtime Than Gold

Bitcoin’s (BTC) fresh bull run this week is down to speculators betting on Chinese economic upheaval, not Chinese upheaval itself, Peter Schiff claims. Schiff: speculators buying Bitcoin to speculate In a tweet Aug. 5, the veteran gold bug and well-known Bitcoin naysayer claimed that current events impacting the Chinese economy did not cause fresh interest in Bitcoin. “The Chinese aren’t buying Bitcoin as a safe haven. Speculators are buying, betting that the Chinese will buy it as a safe haven!” he wrote. As Cointelegraph reported, BTC/USD has shot up over…

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Bitcoin 

‘Pathetic and Corrupt’ — Tim Draper Slams Proposed Bitcoin Ban in India

Bitcoin (BTC) proponent and Tezos investor Tim Draper hit out at the Indian government on Twitter July 16 after alleged evidence appeared it was preparing to ban cryptocurrency.  Draper Appears To Mistake Draft Law For Genuine Ban In a strongly-worded message, Draper, who recently took Bitcoin advocacy to Argentina’s government, called Delhi “pathetic and corrupt.” “People behaving badly! India’s government banned Bitcoin, a currency providing great hope for prosperity in a country that desperately needs it. Shame on India leadership,” he wrote.  The comments attracted immediate pushback from Twitter users,…

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