New payment form adopted for increased access to blogophere
Due to payment restrictions in specific countries, WordPress has announced that they will accept Bitcoins as a form of remuneration for their upgrades.Regardless of the reason behind credit card companies blocking financial transactions from certain countries, WordPress believes that individual bloggers from anywhere in the world should have equal access to the blogophere.
“Our goal is to enable people, not to block them,” reads the official announcement.
By embracing Bitcoin payments, WordPress can do business with anyone, since the digital currency is not regulated by any central authority. The entire system relies on a peer-to-peer network that controls balances, transactions as well as new issuance.
Protection is ensured by cryptographic technologies, but only as far as transactions are concerned. You can check the Bitcoin payment interface in WordPress in the image above.