Recently the technology giant Microsoft made bitcoin payments an option for all of their United States customers on everything from tablets and phones to services like Xbox Live. Their plans aren’t just for the basics though.
BitPay, the payment processor Microsoft partnered with to begin accepting bitcoins, recently spoke out about Microsoft’s vision into the future. Sonny Singh, BitPay’s chief commercial officer, said the following in an interview with CoinDesk:
“Microsoft has a long-term vision for bitcoin, BitPay and the blockchain. Starting with digital goods in the US is the logical first step, however, they want to expand to Europe and globally and add support for other products as part of that rollout.”
Microsoft is able to ease into bitcoin by using BitPay. The payment processing company exchanges USD for bitcoins in real time, allowing companies to pick and choose how much traditional currency they keep in relation to digital. BitPay gives Microsoft the freedom to let their customers pay for goods and services how they want to, while Microsoft avoids any market volatility.
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