Paycoin Attempts To Explain Away Pay Floor, But Deleted Statements Appear To Tell A Different Story.

By January 8, 2015Bitcoin Business

[Update: Coinfire and members of the Bitcointalk forum have reported that Circle, Paybase/Paycoin’s credit card processsor, has cancelled Paybase’s account, presumably for violating Circle’s TOS policy on virtual currencies]

At the center of the Paycoin controversy is the disagreement among critics and GAW over if the US $20 price floor was ever actually something they promised to enforce. The company recently released a statement explaining their side of the argument.

They claim that the US$ 20 […]

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