The alternative open source file hosting software system Seafile just announced it’s accepting Bitcoin due to a “misunderstanding” with PayPal. The popular platform is similar to the functionality of Google Drive or Dropbox offering both community file hosting and its professional services.
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Seafile Picks Bitcoin, Drops PayPal
Seafile just announced that customers can now purchase cloud accounts and licenses using the cryptocurrency Bitcoin at the company’s web shops. By partnering up with BitPay, the business can now accept the digital currency for its file hosting services. Seafile says it’s been asked many times in the past to accept the cryptocurrency.
We are very happy to announce that Seafile now accepts bitcoin via @BitPay at https://t.co/UM8SxFbotn
— Seafile GmbH (@SeafileDE) July 11, 2016
But despite having issues with PayPal calling their services “high risk,” the company initially didn’t think Bitcoin was the right move. But discussions with BitPay made them change their minds, and the company believes “Seafile and Bitcoin are a natural fit.” Bitcoin allows their customers an alternative way to pay while simultaneously protecting user privacy. Seafile:
At first, we were a bit skeptical if we can and should work with a US based payment service provider. As a