San Francisco-based online publishing platform Substack has enabled support for bitcoin payments for subscriptions to publications through the use of the Lightning Network.
Substack has collaborated with OpenNode, a bitcoin payment processor, for the BTC payment option. OpenNode made the announcement via a press release on Monday (August 23rd, 2021).
With the latest development, readers would be able to pay with BTC for subscriptions on the Substack platform. However, this new payment option is available for a select number of cryptocurrency-focused publications.
Furthermore, the online publishing company will accept the primary digital asset both on-chain and on the Lightning Network, thereby making payments cheaper and faster.
OpenNode’s co-founder and CTO João Almeida said the partnership will see writers receive bitcoin and either retain or convert it to fiat. Almeida added, “writers and podcasters have flocked to Substack to regain creative and financial freedom, and Bitcoin
Źródło: https://cryptopotato.com/substack-debuts-bitcoin-subscription-payments-via-the-lightning-network/
