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Thread: Microsoft Now Accepts Bitcoin

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    Microsoft Now Accepts Bitcoin

    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.

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    Re: Microsoft Now Accepts Bitcoin

    Quote Originally Posted by Rainman05 View Post
    Microsoft Now Accepts Bitcoin - TechRaptor





    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.
    So basically they are only accepting it for those things that don't cost the company anything anyway. Sounds more like a backhanded way of saying they are worthless, but either way, I bet you can get lots of games for 1 bitcoin.

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    Re: Microsoft Now Accepts Bitcoin

    Bound to happen at some point. Bitcoin for all of its faults has to eventually be accepted by the likes of Microsoft, Apple, and a host of others who will eventually make the same decision (probably for the same reasons.) It is their right, I have no issue with it.
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    Re: Microsoft Now Accepts Bitcoin

    It's better for MS than it is for BC. MS has a bad image since Windows 8. So they are trying to rebrand as services and devices company. Backing the latest and greatest is something that they have needed to work on for a long time, and now it's finally happening. They beat apple with the watch and bitcoins. Surface is 10X better than any Mac desktop/laptop and you can do more on it than iPads. What next? VR? High tech password system? The sky is the limit for MS! Way to go.

    Though, is it lost on them that MS software is among the most pirated software in the world?

    Either way, BC is extremely pleased and excited about the partnership! I would be too, this is huge! BitPay: Microsoft Has Aggressive Global Vision for Bitcoin
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    Re: Microsoft Now Accepts Bitcoin

    Quote Originally Posted by Rainman05 View Post
    Microsoft Now Accepts Bitcoin - TechRaptor



    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.

    Good for them, and anyone else stupid enough to still use MS software products.
    Only a fool measures equality by results and not opportunities.

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    Re: Microsoft Now Accepts Bitcoin

    Quote Originally Posted by DVSentinel View Post
    Good for them, and anyone else stupid enough to still use MS software products.
    So every business in America except Hollywood and small design firms are stupid? No one uses Linux in their offices. Unless for server purposes.
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    Re: Microsoft Now Accepts Bitcoin

    I'm kind of on the fence about Bitcoin. I like that it's an alternative to the corrupt central banking system, but I'm not sure how sustainable cryptocurrency would be in the long run. Especially if we were to have a solar flare, an EMP, or even a simple virus. It seems rather volatile. With that being said, I would definitely like to see how this pans out. This is the technology of the future and it can make or break us.

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    Re: Microsoft Now Accepts Bitcoin

    Quote Originally Posted by ModerateGOP View Post
    So every business in America except Hollywood and small design firms are stupid? No one uses Linux in their offices. Unless for server purposes.
    If they us MS, then yes, and they deserve every virus and hack they get plus all the costs associated with security.

    But then, everyone who ever pulled or marked for a Dem in anything but very local elections are also dumbasses, so there being a large number, even a majority, shouldn't be a surprise.
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    Re: Microsoft Now Accepts Bitcoin

    Bitcoin certainly isn't perfect but there are advantages to using in online purchases for both the customer and merchant. On the customer side you don't have to worry about identity theft or someone getting credit card number. You can buy services anonymously, for which there are legal reasons.

    As for the merchant once the transaction is made it can't be reversed. No bounced checks, no credit card charge backs.

    It is basically the closest online equivalent to cash.

    In the brick and mortar world it certainly has its drawbacks, though.

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    Re: Microsoft Now Accepts Bitcoin

    Quote Originally Posted by TeleKat View Post
    I'm kind of on the fence about Bitcoin. I like that it's an alternative to the corrupt central banking system, but I'm not sure how sustainable cryptocurrency would be in the long run. Especially if we were to have a solar flare, an EMP, or even a simple virus. It seems rather volatile. With that being said, I would definitely like to see how this pans out. This is the technology of the future and it can make or break us.
    Bitcoin has been hit hard numerous times and it doesn't take anything remotely as drastic as a solar flare or an EMP.

    It's not "rather" volatile. It's atrociously volatile, and nobody with any ****ing sense would trade American dollars for frigging bitcoins.
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