$9 billion startup Stripe drops bitcoin support because it doesn't make sense as a means of payment

Stripe, the $9 billion online payments company, is putting an end to the product that enabled retailers to accept bitcoin as payment.It's a major hit to the popular cryptocurrency, once believed to be the future of online payments, but Stripe isn't the only company to back off.Expensive transaction fees and long wait times have made it difficult to use bitcoin for small transactions, since mining fees spiked at $37 per purchase in December.