• Coinbase Commerce is dropping support for Bitcoin and other UTXO (Unspent Transaction Output) coins.
• This decision affects merchants since they won’t be able to accept these cryptocurrencies via Coinbase’s platform.
• Lauren Dowling, the head of product at Coinbase, made the announcement on X (formerly Twitter) on Feb. 18.
• The underlying reason for the discontinuation is the difficulties in providing recent updates to their EVM (Ethereum Virtual Machine) payment protocol for Bitcoin.

Hot Take on Coinbase Commerce Ditching BTC and UTXO Coins

Wait, What?

No More Bitcoin on Coinbase Commerce

So, here’s the scoop, folks. Coinbase Commerce has decided to play the villain in a Bitcoin-themed superhero movie. They’re discontinifying support for Bitcoin and all his UTXO buddies on their platform. Yup, no more crypto grocery shopping for BTC holders…unless you have a Coinbase account, of course.

The head honcho of product development, Lauren Dowling, came clean about it on the artist formerly known as Twitter, now called simply ‘X’. Apparently, updating their EVM payment protocol for Bitcoin was kind of like trying to teach a dinosaur to do the Macarena… tedious, perplexing, and ultimately futile.

Moral of the story? Sometimes, even the biggest players in the crypto game need to take a step back from the dance floor if the moves get too complicated. Here’s hoping Bitcoin and friends find a new place to boogie soon.

#CoinbaseCommerceByeByeBitcoin #UTXOCryptoShakeUp #EVMProtocolDanceFailsOriginal article: https://cointelegraph.com/news/coinbase-drops-bitcoin-payments-merchants-platform