{"id":44449,"date":"2021-06-16T15:41:24","date_gmt":"2021-06-16T12:41:24","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44449"},"modified":"2025-08-31T17:03:04","modified_gmt":"2025-08-31T14:03:04","slug":"stripe-chief-says-he-is-a-bitcoin-fan-three-years-after-halting-support-for-the-asset","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/stripe-chief-says-he-is-a-bitcoin-fan-three-years-after-halting-support-for-the-asset\/","title":{"rendered":"Stripe chief says he is a Bitcoin fan three years after halting support for the asset"},"content":{"rendered":"<p>Stripe President and co-founder John Collison told Bloomberg TV in an interview that he and the company are &#8216;full-throated Bitcoin enthusiasts&#8217;.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Stripe Co-founder John Collison speaks to <a href=\\\"https:\/\/twitter.com\/emilychangtv?ref_src=twsrc%5Etfw\\\">@emilychangtv<\/a> about the future of payments, Bitcoin and plans (or lack thereof) to go public <a href=\\\"https:\/\/t.co\/qUyKucCzMp\\\">https:\/\/t.co\/qUyKucCzMp<\/a> <a href=\\\"https:\/\/t.co\/zufAxyyVZm\\\">pic.twitter.com\/zufAxyyVZm<\/a><\/p>\n<p>\u2014 Bloomberg TV (@BloombergTV) <a href=\\\"https:\/\/twitter.com\/BloombergTV\/status\/1404958941918924803?ref_src=twsrc%5Etfw\\\">June 16, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>When asked about his stance on Bitcoin after Stripe stopped supporting the asset in 2018, Collison said he still feels fondness for it.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>&#8216;It\\&#8217;s always been a very delicate topic. If you consider the future as seen by cryptocurrency supporters and as it appears to us, these are realistic goals,&#8217;<\/em> \u2014 he said.<\/p>\n<\/blockquote>\n<p>According to the Stripe co-founder, only 22% of global commerce is cross-border, but digital assets are helping to expand that share.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>&#8216;We\\&#8217;re stuck at this level. Cryptocurrencies are an exciting potential solution to this problem,&#8217;<\/em> \u2014 he explained.<\/p>\n<\/blockquote>\n<p>Collison believes that digital assets, like other methods of processing international transactions, should evolve in parallel.<\/p>\n<p>In early 2018, Stripe stopped supporting Bitcoin due to sharp price swings and significant time costs.<\/p>\n<p>Collison later did not rule out restoring Bitcoin support in the future.<\/p>\n<p>At the end of 2019, Stripe exited Facebook&#8217;s Diem project.<\/p>\n<p>In February 2021, the board of directors of the processing service <a href=\"https:\/\/forklog.com\/en\/news\/former-bank-of-england-governor-joins-stripe-board\">joined<\/a> former Bank of England Governor Mark Carney. On this post he initiated consideration of launching a national digital currency.<\/p>\n<p>Prior to this, Carney advocated for the creation of a payments instrument modeled on Diem, capable of replacing the US dollar as a reserve currency.<\/p>\n<p>Subscribe to the ForkLog channel on <a href=\\\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stripe President and co-founder John Collison told Bloomberg TV in an interview that he and the company are &#8216;full-throated Bitcoin enthusiasts&#8217;.<\/p>\n","protected":false},"author":1,"featured_media":44450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1198,1519],"class_list":["post-44449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-crypto-payments","tag-stripe"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=44449"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44449\/revisions"}],"predecessor-version":[{"id":44451,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/44449\/revisions\/44451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/44450"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=44449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=44449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=44449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}