ProtonMail Reveals Its Been HODLing Its Bitcoin Payments for Years – Cointelegraph

Swiss-based email service, ProtonMail, has revealed on Nov. 16 that it hasnt cashed in any of the Bitcoin (BTC) it has accepted as payment for its premium service in years.

The tweet was in response to a customer who complained that he felt guilty for spending Bitcoin ion a ProtonMail invoice instead of holding or hodling it for the long-term.

The exchange came about following a tweet from the CCO of digital gift card retailer BitRefill, urging Bitcoiners, Please do not put your Bitcoin to work.

This prompted one follower to reply that they had paid my ProtonMail invoice with BTC Im feeling secure and HODL guilty all at once.

In an attempt to soothe the customers HODL guilt, ProtonMail responded that it would hold the Bitcoin on the customers behalf, noting that it actually doesnt sell the BTC and havent for years.

While the option to pay for a premium ProtonMail account in BTC is not obvious for new account holders, it is possible for existing email customers, even those using the free option who wish to upgrade.

ProtonMail also accepts Bitcoin donations and has thus far seen over 200 BTC or almost $2 million at todays prices go into its wallet. The service also considered launching an ICO back in July 2018, thought these plans were seemingly shelved.

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ProtonMail Reveals Its Been HODLing Its Bitcoin Payments for Years - Cointelegraph