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WordPress Green-Lights Premium Feature Payments with Privacy-Friendly Currency

Bitcoin, the favorite digital currency of those over-concerned with privacy, is making a strong debut as the favorite means of payment for extra services with WordPress.

Automattic, the company that backs WordPress, will allow users who want a bite of the premium features (such as custom skinning support) to pay for it with the untraceable currency known as Bitcoin, according to the news broken by Andy Skelton.

The inclusion of Bitcoin as official payment has nothing to do with privacy or anonymity, as some conspiracy theorists could imagine, but rather comes to complement other payment systems that may not work for residents of specific countries.

“PayPal alone blocks access from over 60 countries and many credit card companies have similar restrictions. Some are blocked for political reasons, some because of higher fraud rates, and some for other financial reasons,” said Skelton.  “Whatever the reason, we don’t think an individual blogger from Haiti, Ethiopia, or Kenya should have diminished access to the blogosphere because of payment issues they can’t control.”

However, the announcement has deeper implications than simply expanding payment options for some regions. Bitcoins have been around for quite a while, but they did not get the necessary traction to penetrate the underground and become something even close to a payment option of choice. This happens mostly because governments discourage the use of Bitcoins, as they’re the exact opposite of real-life currency: untraceable, prevents over-spending and is totally decentralized.

The introduction of Bitcoin as a favorite payment mechanism by one of the most prominent software giants on the Internet might prompt other businesses to consider the same move and increase the visibility of a great currency that’s still lurking in the dark.

About The Author

E-Threat Analyst

A blend of teacher and technical journalist with a pinch of e-threat analysis, Loredana Botezatu writes mostly about malware and spam. She believes that most errors happen between the keyboard and the chair. Loredana has been writing about the IT world and e-security for well over five years and has made a personal goal out of educating computer users about the ins and outs of the cybercrime ecosystem.

Number of Entries : 298

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