Bitpay is one of the successful startup in bitcoin industry, it’s the most popular bitcoin payment processor, but, this may change.

Nowadays, because of the 1 Megabytes block cap, it’s very hard to get a bitcoin transaction confirmed soon without paying a not-so-tiny miner’s fee(like 0.001BTC for a 1kb tx), which makes micropayments through bitcoin network unreasonable.

On August 1st, there comes bitcoin cash, a new kind of coin with all the advantages of bitcoin plus a 8 Megabytes cap, which solves the problem of congestion in the bitcoin system. Bitcoin cash, or BCC, should be a good thing for Bitpay, since it makes bitcoin great again by allowing neglectable tx fees, was refused to be supported by Bitpay.

If Bitpay sticks to the 1 MB blockchain like they said, it’s not likely to get mass adoption in the near future, or even in a far future. It might become a settlement solution between institutes, or turn to be a lightning network hub, neither is promising enough as being the dominant processor in the cryptocurrency world.

Due to censorship from the bitcoin community, Bitpay was removed from recommendations on bitcoin.org, actually this is a good time for Bitpay to turn to Bitcoin cash, because if it doesn’t, someone else will do, that’s how the market work.

I’be been spending a lot of bitcoins though Bitpay, and really wish they could keep up the good work.