Microsoft starts supporting BitCoin
Microsoft’s online store has started supporting BitCoin wallet top-ups, in what could be seen as a big boost in legitimacy for the cryptocurrency.
So it seems that libertarian magic beans might have a use after all, as they can be used to buy apps, Xbox games and other stuff from the Microsoft online store. Though Microsoft has added support with a qualifier: Bitcoin can only be used to add cash to your wallet, rather than buy things directly – basically giving MS an easy route to your cash, with none of the risk of actually pricing their products in terms of Bitcoin.
There’s more information on how to get it setup on the Microsoft website.
Could this mean that other companies are tempted to get on board? Perhaps, but Bitcoin prices are still all over the place, which makes dealing with the currency a tricky business.
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how is it good business to accept a currency with such high volatility? Perhaps they think bitcoins have bottomed out haha