Netflix CFO: 'Sure Would Be Nice to Have Bitcoin' Payments
Bitcoin – a decentralized, truly global currency. Netflix – a streaming platform that just went global. Do both stand to gain by coming together? One of the biggest stories of the 2016, so far, is Netflix’s global expansion that saw the streaming service reach a 130 new countries. The new rollout now sees Netflix beaming to a total of 190 countries, worldwide. It’s a significant move. Millennial pirates the world over, those who were too young or unemployed to pay at one time, may now see Netflix as a good package deal, with the company’s extensive library and its much acclaimed and....
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At the Citi Internet, Media & Telecommunications conference, Netflix chief financial officer David Wells expressed his optimism towards Bitcoin, and how it is shaping to become the global currency of most major industries. According to Market Realist, a prominent investment research establishment which covered the event, Wells stated: “It sure would be nice to have Bitcoin in terms of a global currency that you could use globally.” Why Netflix is Interested in Bitcoin. As MR researcher Shirley Pelts explained in a 5-part series entitled “Tools in Netflix's Wheelhouse to Meet....
Netflix, the world-famous streaming platform has put a ban on crypto-related advertisements and commercials. These ads shall not be allowed on the ad-supported subscription tier. This is planned on being launched in the month of November, which is quite early to the scheduled date. According to other local sources, it was reported that Netflix has […]
Netflix CFO David Wells touched on the subject of bitcoin during a question-and-answer session at an investor event earlier this month. Speaking at the 2016 Internet, Media and Telecommunications Conference, held on 6th and 7th January, Wells was asked about lessons Netflix learned amid problems launching payment services in Latin America. Wells remarked that the company is still adjusting to those lessons today, as well as experiences from integrations in Europe. He said that the world of payments is in a state of evolution, and that bitcoin could be a solution to some of the issues it....
A team of developers at Suredbits recently posted a Bitcoin-based solution for recurrent payments. In theory, this alternative could enable users to pay for subscription services, such as Netflix, Microsoft, and others, and could be an important step in advancing BTC adoption to the mainstream. Related Reading | Strike CEO Jack Mallers Explains Bitcoin To […]
On Friday, a well-known American streaming service, Netflix, announced that it ordered a docuseries on crypto laundering linked to Bitfinex’s historic hack of 2016. Netflix came to this move after the aspiring rapper Heather Morgan and her husband Ilya Lichtenstein got arrested in New York last week, alleged by the Department Of Justice (DOJ) in […]