Post
Topic
Board Bitcoin Discussion
Re: Microsoft stopped accepting payment by bitcoin
by
trobin
on 25/01/2018, 21:59:36 UTC
Since 2014, Microsoft has accepted bitcoin as a payment medium for the purchase of applications, games and other digital content from Windows, Xbox Games, Xbox Music or Xbox Video Stores.

However, Microsoft has recently decided to stop accepting payments by bitcoin on the grounds that the currency is too unstable. Sad((

Its a really bad new, Im a fan of Microsoft and I always use Bitcoin to buy games from it Sad(

The decision has already been reversed as mentioned by others. It has happened with other companies such as steam as well, it's inevitable that such a thing will happen when the fluctuations in the price are too high as well as the fees involved with bitcoin payments being too high. Managing volatility is one thing, managing volatility when you receive very few payments in bitcoin because the fees are too high is an entirely different thing.