Thursday, December 11, 2014

Microsoft now accept your Bitcoins!

Today Microsoft announced that they now willingly accept your payment in Bitcoins. This is a huge deal for many, not only the ones who already uses the currency. Now, Microsoft isn't the first big company to accept the currency as a payment, Amazon, eBay and PayPal are some of the companies that already do this, but some over at Reddit argue that this time it's actually more important. Microsoft sell games, and they (sometimes) have a younger audience than the other companies that uses Bitcoin. They argue that this will result in a larger group of people who use the currency, and a currency being used a lot is a healthy one.

So, will Microsoft be the one big catalytic effect that will take Bitcoins even higher? Probably not, but it may result in Sony doing the exact same thing, competition being a major force in change and all. And if these two giant can change the mind of Valve CEO Gabe Newell, then I'm certain that Bitcoin usage will expand vastly, and fast!

Is it time to jump on the train and start using cryptocurrencies? Can you afford not to?

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