Gab, a far-right social media for those who want to have freedom of speech, is now accepting Bitcoin and Litecoin as payments. On Thursday, the developers of the site were able to launch the payment feature. They stated that accepting cryptocurrency gives the platform one more edge to its freedom.
Gab Allows Post Censored on Other Social Networks
Many censored posts on social networks like Twitter, Facebook, and the likes can be published on Gab. This gives its users the liberty to say what they want without the strict control of an administrator. It has been revealed that some accounts like Alex Jones, Milo Yiannopoulos, and Ann Coulter which were censored on Twitter are now active users on Gab.
Therefore, Gab may be a haven for those who want to bare their mind of its content without worrying about being deleted. For instance, Robert Bowers, the guy who randomly shot 11 people at the tree of Life Synagogue in Pittsburg, is a member of Gab. Before his shooting, he posted, “going in.” After the event, Paypal, Godaddy, Medium and several other companies terminated their agreement with Gab.
Processing Bitcoin and Litecoin Payment Using BTCPay
Despite the dissociation of reputable companies from the site, the platform is now using Btcpay to process Bitcoin and Litecoin payments. This is after they were rejected by Coinbase and Bitpay. Accordingly, users of the social media will be able to pay for their subscription of either $15, $30, $60, or $200 using cryptocurrencies.
Gab posted on Twitter to confirm the news that they are now accepting virtual currencies. They also added that nobody could disqualify their new crypto shop. These included Banks, Activists, Online Mobs, and the Media. This is because to them, processing payments using cryptocurrency is equivalent to freedom.
BTCPay, a Payment Processing Platform Devoid of Transaction Fees
BTCPay, the payment platform has stated on GitHub that cryptocurrencies can be sent without the inclusion of transaction fees. There are no middlemen involved, and Know-Your-Customer (KYC) procedures are not required. As a result, the money sent gets to the recipient’s wallet directly.
Asides from Gab, payments can be made using Bitcoin on several online stores. But then, the company can be said to be the first social network to accept cryptocurrencies. Others are either online platform for ordering food, books, and paying collateral for loans. What they all have in common, is that they are privately owned.