I don't see where it states that 100% is converted to fiat. Can u help me finding it? Maybe you don't understand that merchants can choose to keep some or all of the payment in bitcoins when using BitPay?
It doesn't matter anyways. Microsoft will keep Bitcoin when they will need. Right now the don't need Bitcon for nothing, so it's normal that the don't keep them.
If someone pay with BTC in Microsoft, is beacause the bought that Bitcoin before. So I don't see the problem...
PersonX BUY 1 Bitcoin -> He spend 1 Bitcoin in Microsoft -> Bitpay SELL 1 Bitcoin -> PersonY BUY 1 Bitcoin -> He spend 1 Bitcoin in Microsoft -> Bitpay SELL 1 Bitcoin ...
so you understand that Microsoft does NOT accept Bit[Suspicious link removed]d for you because those trolling fake news are everywhere now
you know why bitcoin price is dropping so hard and why bitcoin market is shrinking?
You need to zoom out on the charts.
i don't have to, every ponzi schemes look like the same, started from $0 i know, end up with $0, the bitcoin chart trend does look like so too
So you really believe Bitcoin is a ponzi scheme. You need to educate your self. I'm done with you. Welcome to my ignore list.