Microsoft Now Accepts Bitcoin - TechRaptor
Microsoft has joined the group of company’s that accept the online currency Bitcoin – adding their substantial weight to the young currency’s legitimacy. Microsoft is far from the first, following in the tracks of companies such as Paypal, Warner Bros Records, and Overstock, but Microsoft is the largest to embrace the online coin. Like the others there, it will be using BitPay to process the Bitcoin payments.That’s not to say though that Microsoft is jumping in head first – they are dipping their toes in too begin with. Microsoft is starting with only accepting them for online, digital goods in a bit of a circular method. You won’t be buying services or physical copy’s but phone apps or XBox Live games are good to go. It is also only currently available to those in the United States, probably while they see what the demand is and work out the kinks in the system.
I wasn't very pro-bitcoin and still ain't. I see it as a money laundering scheme and the avenue for criminals to purchase and transfer money for all sort of criminal activities and unless it gets fixed, what's the point of having it? It's no better than normal currency, indeed, with a few more chinks that normal currency.
Anyway. Microsoft started accepting them for some online/digital services in the USA alone so yeah... we'll see where it goes. They are trying to get a piece of a bitcoin paying market that has been growing very much in the past 2 years.