{"id":16778,"date":"2017-02-25T00:00:00","date_gmt":"2017-02-24T16:00:00","guid":{"rendered":"https:\/\/www2019.dash.org\/2017\/02\/25\/ceo-says-bitcoin-unsexy-as-blockpay-adds-dash-to-currencies\/"},"modified":"2021-09-18T11:40:05","modified_gmt":"2021-09-18T11:40:05","slug":"3-ceosaysbitcoin","status":"publish","type":"post","link":"https:\/\/www.dash.org\/news\/3-ceosaysbitcoin\/","title":{"rendered":"CEO Says Bitcoin \u2018Unsexy\u2019 As BlockPay Adds DASH To Currencies"},"content":{"rendered":"
Privacy focused altcoin DASH has partnered with payments platform BlockPay to enable its use for point-of-sale (POS) purchases of goods and services.<\/p>\n
The collaboration is only the latest in a series of high-profile gains for the coin, which is trading at all-time highs of $26 Friday.<\/p>\n
Munich-based BlockPay\u2019s POS tool facilitates cryptocurrency as a payment method, providing stiff competition to card companies through its lack of merchant fees.<\/p>\n
Although the platform supports Bitcoin and Ethereum among others, CEO and co-founder Christoph Hering said in a press release<\/a> that Bitcoin was \u201cunsexy\u201d for everyday use.<\/p>\n \u201cThe slow transaction speed, the high transaction fees and the speculative nature of Bitcoin make it very unsexy for everyday consumption,\u201d he commented. \u201cWe added Dash because we see a huge potential in the very active Dash community and in the underlying scaling technology of Dash.\u201d<\/p>\n The comments appear to be ironic, given the trading price of the top altcoins \u2013 including DASH \u2013 increased only due to Bitcoin hitting unseen highs.<\/p>\n Nonetheless, enthusiasm in the asset is showing no signs of wavering, as BitMEX CEO Arthur Hayes demonstrated when DASH launched on the exchange last week.<\/p>\n DASH and BlockPay\u2019s relationship meanwhile goes back some time, having received an initial release in August last year.<\/p>\n