Thursday, December 11, 2014

Microsoft now Accepting Bitcoin


Bitcoin’s much-discussed potential as a financial ‘Rosetta Stone’ has been boosted by the news that tech behemoth Microsoft is now beginning to accept the cryptocurrency as a payment method.

A new article in Microsoft’s billing help section details the limitations of the new arrangement, which allows users to purchase apps, games and digital content for use with Windows and Windows Phone and also Xbox games, music, or video content. Users cannot currently pay directly via Bitcoin, but must use a new ‘redeem bitcoin’ option in the payment process to add credit to an existing Microsoft Wallet account. Furthermore the scheme is ‘currently’ not available outside the United States.

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