Reddit Disables BTC Payments, Keeps an Eye on Coinbase Commerce
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ChangeTip was a micropayment platform built by ChangeCoin, Inc. Founded inChangeTip enabled users of the digital currency to send micropayments across various social media websites, forex bitcoin reddit as TwitterYouTubeRedditand Facebookas well as e-mail and text messaging.
These micropayments, referred to as 'tips'were primarily used to express appreciation for quality content. InChangeCoin, Inc. The concept of sending bitcoin micropayments over social media was inspired by BitcoinTip, which began facilitating bitcoin micropayments on Reddit in Julyand was decommissioned in April after assisting users in migrating to the ChangeTip platform.
In OctoberChangeTip experienced forex bitcoin reddit viral phase which has resulted in a dramatic surge of interest in the tipping platform. A drawing forex bitcoin reddit held to select a winner by random, and Reddit users each made donations to the winner using PayPalChangeTip, and other cryptocurrencies. In Novemberit was announced that Changetip would cease operations at the end of the month.
Users and critics of the ChangeTip service have expressed concerns about internet privacyparticularly repercussions which may result from linking various social media profiles to a single entity.
For example, a Facebook user might connect their profile to ChangeTip in addition to their Twitter or Reddit profiles with the potentially unintended consequence of creating a link forex bitcoin reddit these profiles. From Wikipedia, the free encyclopedia. ChangeTip Type of site. The Renaissance of Money". Retrieved February 21, Retrieved February 22, ChangeTip exceeds 10, tips in one day". The Coming Micropayment Disruption".
Retrieved 21 November We Won't Sell User Data". Retrieved February 24, History Economics Legal status. List of bitcoin companies List of bitcoin organizations List of people in blockchain technology.