why Microsoft Removes Bitcoin as Payment Option for Microsoft Storew?
Yeah, I've seen this news in a article in
https://cointelegraph.com/news/microsoft-removes-bitcoin-as-payment-option-for-microsoft-store saying that microsoft removed bitcoin as payment due to its volatility. Maybe Bill Gates is right because as we had experienced this last year before new year, bitcoin's price really is volatility as it really goes down, and as a company CEO, Bill Gates cannot afford to take risk particularly in a company.
why Microsoft Removes Bitcoin as Payment Option for Microsoft Storew?
Yeah, I've seen this news in a article in
https://cointelegraph.com/news/microsoft-removes-bitcoin-as-payment-option-for-microsoft-store saying that microsoft removed bitcoin as payment due to its volatility. Maybe Bill Gates is right because as we had experienced this last year before new year, bitcoin's price really is volatility as it really goes down, and as a company CEO, Bill Gates cannot afford to take risk particularly in a company.
I had already replied ITT that they have re-enabled Bitcoin payments, but news websites are posting different articles about the outcome.
Have a look:
http://www.news.com.au/finance/business/technology/microsoft-restores-bitcoin-payments-after-working-to-ensure-lower-amounts-would-be-redeemable/news-story/1c875957f470944709497dcfa6ec5fd2 (16 hours ago)
https://cointelegraph.com/news/microsoft-removes-bitcoin-as-payment-option-for-microsoft-store/ (13 hours ago)
https://www.coindesk.com/microsoft-resumes-bitcoin-payments-after-halt-over-instability/ (4 hours ago)
I think they did resume Bitcoin payments in the end. Can anyone confirm this perhaps?
Here's a statement from Microsoft as to why they reinstated Bitcoin payments again:
In a statement to news.com.au on Wednesday, a Microsoft spokeswoman confirmed the suspension but said the service had now been restored.
Weve restored bitcoin as a payment option in our store after working with our provider to ensure lower bitcoin amounts would be redeemable by customers, she said