In the world of Bitcoin and virtual currencies, many services will shut down operations over time. There are plenty of reasons why this might be the happening, as impending regulation, financial worries or team disputes are all cause for concern. In the case of Dutch Bitcoin startup Pikapay, however, an internal disagreement between founders has forced the service to shut down for the time being.
Pikapay – Send Bitcoin via Twitter
Pikapay’s business model has a lot of potential, though. Social media is playing an ever-increasing role in the daily lives of consumers and having the option to send money over Twitter could turn out to be quite popular. In recent years, competing services has popped up, with ChangeTIp being one of the most notable names on that list.