The response to the encryption community is different for the news that "American telecommunications giant AT&T announced that it will accept cryptocurrency payment bills through BitPay." Morgan Creek Digitall co-founder Anthony Pompliano and coin security CEO Zhao Changpeng expressed optimism. However, some people are quite pessimistic about this news. The focus of the debate is that AT&T is not exactly accepting Bitcoin, BitPay is. BitPay will convert Bitcoin into French currency, which will then be received by AT&T.