Microsoft waffling over Bitcoin? BTC’s return to Xbox unlikely to spur adoption
While Microsoft may accept Bitcoin for its Xbox Games Store could be a good sign for the industry, it is unlikely to have a major impact. Microsoft has been sending mixed signals when it comes to its true intentions regarding Bitcoin (BTC) as well as the cryptocurrency market in general. On one hand, Microsoft president Brad Smith gave an interview earlier this year, claiming that the multinational was not even the least bit interested in dabbling in Bitcoin, stating that Tesla’s move to invest $1.5 billion had not changed anything for the company.However, just a couple of days ago, the....
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Microsoft wants to know if gamers would spend crypto at the Xbox online store. Tech giant Microsoft seems to be considering introducing Bitcoin (BTC) payments at its Xbox gaming console online store.According to a March 21 Reddit post on r/XboxSeriesX, Microsoft has put out a survey asking Xbox users about their preferred payment options at its online store.“Which of these other payment methods would you like to use on Xbox?,” the purported survey asks, listing Bitcoin as one of the potential payment methods. The same photo has also been circulating across several other subreddits....
December 11, 2014 — Microsoft now accepts bitcoin. Enabled by bitpay, the tech giant now allows users to spend their bitcoins on Microsoft Content. The announcement was originally published on Firehose, Microsoft’s news blog, but even before the official announcement the bitcoin community noticed the customer support page titled “How do I use Bitcoin with my Microsoft account.” Users can add bitcoin to their Microsoft account, but are not yet able to directly purchase digital goods. “You can now use Bitcoin to add money to your Microsoft account. Once you add money to your Microsoft....
Two days ago, technology giant Microsoft started accepting Bitcoin as a means of payment for users to fund their Microsoft accounts. With this move, Microsoft became the largest company in the world to accept Bitcoin. reddit users from /r/Bitcoin eagerly began posting to /r/XboxOne and other Microsoft-related subreddits about this addition, explaining what Bitcoin is, and tipping people. Many Xbox fans quickly caught on and started asking questions on /r/Bitcoin, such as "what is the benefit of switching from cash/credit card to Bitcoin?", and "what are some recommended wallets?".....
Microsoft will reportedly be moving away from its virtual "Points"currency for Xbox, in favor of local currency and gift cards. According to reports by The Verge and Engadget, Microsoft will be spiking Points, which has been used in the Xbox Live and Zune marketplaces. The currency had received backlash from users who were forced to buy Points in increments, which often resulted in leftover Points after purchasing games. Back in October, Microsoft began phasing out its Points payment system in its newest operating system, and users were given the option to pay for digital content with....
Microsoft has now joined the many, many retailers that are now accepting bitcoin as payment. Microsoft, the global powerhouse that created the widely used Windows OS, is allowing its users to fund their Microsoft/Windows Live accounts or xBox Live accounts. This means customers can now purchase xBox games, mobile apps, music, and other digital media using bitcoin. Bitcoin is now accepted as a payment option for Live account users. This option is available across the United States, and is converted at the current exchange rate. BitPay will be handling the payment conversion process for....