Gmail Competitor FastMail to Stop Accepting Cryptocurrency Payments

Francisco Memoria

FastMail, a Gmail competitor focusing on speed and efficiency, has recently warned its users that it’s going to stop accepting cryptocurrency payments at the end of March, as the costs it was enduring to accept bitcoin and bitcoin cash payments became “unsustainable.”

According to a Reddit thread created by a user who received FastMail’s notice, the company has noted that only a small number of its users were paying for the service with cryptocurrencies. The notice reads:

Bitcoin is used by only a small number of customers, which unfortunately makes the integration costs of maintaining Bitcoin support unsustainable. You can still pay with Bitcoin through March 31, 2019. Add funds to your account now to be used for future renewals.

Going forward, the email service provider is going to accept traditional payment methods only, include Visa, MasterCard, PayPal, and American Express. Reacting to the news some users noted there are other options accepting cryptocurrency payments out there, while others lamented the development.

Back in 2016, FastMail made headlines after it quietly started accepting cryptocurrency payments. The company started accepting them through cryptocurrency payment provider BitPay, which some are blaming for the recent development, over the costs FastMail claims to have.

While FastMail is set to stop accepting cryptocurrency payments, crypto adoption has seemingly been growing. Earlier this year, a giant Danish online food portal started accepting BTC payments, as well as premium airline Surfair for a fundraising campaign.

Bitcoin and Friends Episode 2 Addresses Silk Road, Bitcoin's Case to Be Sound Money

Francisco Memoria

The second episode of the popular show Bitcoin and Friends, available on CoinMarketApp, has addressed some of the cryptocurrency’s first use cases, as well as its current battle with the U.S. dollar and other fiat currencies.

The show’s second episode starts off with a character called Pal Fifty, which resembles Hal Finney, passing away before telling Bitcoin and his entourage they need ot seek the cryptocurrency’s whitepaper.

In a heartfelt conversation shortly after Mitalik Buterin, a leading character representing Ethereum co-founder Vitalik Buterin, tells Bitcoin its potential goes beyond money alone, and its father – Satoshi Nakamoto – doesn’t have to be the one to guide him. After some soul searching, we see Mitalk start to work on Ethereum (ETH).

As the story develops we see Jones, a car dealer turned drug dealer voiced by rap artist Petey Pablo, gets his power cut off. When he goes out to sell more drugs he finds his clients don’t need any. Later one, the show makes it clear they’ve ben buying their supply off of the dark web, through the now-defunct marketplace Silk Road.

The Silk Road was one of the first catalysts for Bitcoin’s popularity as the pseudonymous cryptocurrency was used to buy and sell drugs – and other items – on the platform. Its founder, Ross Ulbricht, received a double-life sentence for running the platform.

Bitcoin then starts throwing up more often small bitcoins, making it clear the cryptocurrency’s network is growing. In reality, more miners on the network mean it’s more secure and reliable. While the BTC network is now over a decade old, it has never been compromised.

Halfway through the episode we see Satoshi Nakamoto again. The cryptocurrency’s creator makes it clear to the Bitcoin character, while he’s high on cocaine, he needs to finds himself as “answers freely given are worth little.”

During this conversation, Satoshi gives Bitcoin four weapons: the Divisibility Dagger, the Portability Pack of Teleportability, the Shield of Durability, and the Sword of Scarcity to “cut through all the lies and FUD you will face.”

Bitcoin’s Battle With the U.S. Dollar

Nakamoto then tells Bitcoin he needs to “follow the light.” The character’s path sees him end up at a “Freedom Fest” in which gold and silver are used as the de-facto currency. After getting into some trouble, a general, Ross Fullbrick – representing Ross Ulbricht - rescues Bitcoin and explains gold and silver have their flaws, and that BTC is the future of money for freedom-loving individuals.

Per his words:

Bitcoin is the natural evolution of money into a digital gold standard. We don’t live in a physical world anymore boys. We need a means through which we can transfer value across the internet, anywhere, anytime, freely. Without the state, the religion of our time, impeding our freedoms.

What ensues is Bitcoin entering the “Economania,” an event that sees currencies compete for a championship belt. Gold, the Freedom Fest’s representative, never won, as it always loses to the U.S. dollar.

We then see the Dollar Bot beat gold once again. Bitcoin, using the weapons Satoshi gave him, which represent characteristics BTC has the USD doesn’t, beat the Dollar bot. The episode ends with a big bank representative receiving a call warning him about Bitcoin.

The Cryptocurrency Space’s Cartoon

The cartoon’s style seemingly resembles that of shows like South Park, Family Guy, and more. It has a sense of humor that can’t be appreciated by all, but has so far been well-received by the cryptocurrency community.

Contacted by CryptoGlobe on what feedback the show received, the show’s team noted:

Feedback has been overwhelmingly positive for both episodes. We're thrilled to see that we have a very loyal and motivated fanbase and we can't thank everyone enough for donations, gifts of time and talent, and so on. This project is growing into a community effort and we hope to see that support continue to grow.

On where they got inspiration for the show, its creator, Uncle Chris, and producer Broccoli Rob, revealed they initially had an idea for an advertisement that would see actors use large cryptocurrency-related costumes. While that never happened, Chris later contacted Robert on an idea for a Bitcoin cartoon which “quickly grew into a multi-season outline [show].”

Featured image via Bitcoin and Friends, YouTube