Huge Shift: SatoshiPay Phasing out Bitcoin for IOTA.

in #bitcoin7 years ago (edited)

This is probably the biggest story your not hearing about. Scalability has been solved and now it is being adopted.

Serious bets are being made across the globe from the individual to large companies and this move is definitely the biggest so far.

SatoshiPay, a company that allows nano payments, has made a momentous decision, that would put it far ahead of all it's competitors, which was to use IOTA. And in doing so they have just managed to wipe out all transaction fees.

The markets have, so far, welcomed the move very positively seeing IOTA, which is listed on Bitfinex, jump over 50% soon after the announcement.

The question is, which company will follow suit next, and will Bitcoin fanatics continue weather through Bitcoins bear market.

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This is huge. Zero fee transfer is the future. Iota to the moon!!

SatoshiPay SatoshiPay tweeted @ 17 Jul 2017 - 06:23 UTC

📢 SatoshiPay phases out Bitcoin, partners with IOTA Foundation. Press release:
medium.com/@SatoshiPay/sa… https://t.co/N3I7W4g5Ym

Disclaimer: I am just a bot trying to be helpful.

This is a nothing-burger. Segwit 2x looks to be 50% approved 6 days before the signal date. My guess is BTC is lightning network enabled before this means anything.

Perhaps not a nothing burger but a welcome test of IOTA in the field of micropayments. The point is: it's just a test for now. Nevertheless, a sign that the market is recognising IOTA for its unique features (e.g., 'no fees' structure).

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