This was confirmed by Reddit board admin emoney04 who wrote that this is due to glitches in Coinbase’s system which led to them disabling the feature for now. “Yup that’s right. The upcoming Coinbase change, combined with some bugs around the Bitcoin payment option that were affecting purchases for certain users, led us to remove Bitcoin as a payment option.”
However like we said, the good news for cryptocurrency enthusiasts is that it could be a temporary disablement of the feature. Emoney04 also wrote that Reddit will be watching the progression of Coinbase’s system before they decide if they want to go ahead and reenable the feature. “We’re going to take a look at demand and watch the progression of Coinbase Commerce before making a decision on whether to reenable.”
No word on when that might happen, if at all, so if you were looking to make payments using Bitcoin on Reddit, it looks like that won’t be happening anytime soon.