Thursday , 22 March 2018

Microsoft stopped accepting Bitcoin

According to various top threads, Microsoft seemingly stopped accepting the flagship cryptocurrency. One points to Microsoft following Steam’s footsteps in no longer accepting Bitcoin. The rumor stems from a Bleeping Computer article that claims the software and hardware giant did halt Bitcoin payments.

On top of the thread, an r/Bitcoin admin stickied a post stating various users tried to find the Bitcoin payment option, but were unable to. Another top thread on Reddit claims Microsoft does still accept Bitcoin payments, and that shills are just trying to fill the subreddit with fear, uncertainty, and doubt (FUD). Per this thread, Microsoft allows users to add a predetermined amount of dollars to their balance using Bitcoin, so the tech giant does indirectly accept the flagship cryptocurrency.

Does Microsoft still accept Bitcoin?

From the chatting with Microsoft’s customer support, it’s clear that the company no longer accepts Bitcoin as a payment option. Notably, the company has seemingly decided to stop accepting the cryptocurrency since July 2017.

It’s worth noting this isn’t the first time Microsoft stops accepting Bitcoin. The software and hardware giant put the breaks on cryptocurrency payments in 2016, Little after the company’s move started making headlines, it apologized for what it deemed “inaccurate information,” and revealed Bitcoin would still be accepted.

At the time, the how-to detailing the process used to add money to a user’s account using Bitcoin was still active, just like it still is now. Given that there was no official announcement so far, some suspect this may all be another flop.

Microsoft originally started accepting Bitcoin via BitPay in December 2014. At the time, the move was met with much fanfare, as the company joined the ranks of other large companies like Dell, Newegg and TigerDirect in accepting Bitcoin.

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