Seafile accepts bitcoin after Paypal shenanigans

The open source cloud storage firm, Seafile, has dropped their primary payment processor, Paypal, and started using bitcoin as their preferred payment option.

Seafile is a high-performance, fully-encrypted, open source file storage and syncing solution. The service competes directly with Dropbox and other major cloud service providers.

Although the Germany-based cloud company charges for their storage space, all of their software is completely open source. This means that anyone can run a Seafile server, and compete directly with them.

The company claims that it is “Trusted by more than 300,000 users,” and “used by thousands of teams, companies and organizations worldwide.” Among the customers listed on their website are anti-virus heavyweight Kaspersky Labs and several large universities.

“From Sunday June 19th 2016 we are no longer allowed to accept payments via PayPal,” states the company Blog. “PayPal has demanded that we monitor data traffic as well as all our customers’ files for illegal content. They have also asked us to provide them with detailed statistics about the files types of our customers sync and share on”

Read more ... source: TheBitcoinNews