Tag: digital currency

Games, Technology9 Comments

Microsoft Does Accept Bitcoin Now

Dennis

Bitcoin gains more acceptance. Another big company starts to accept Bitcoin and this time it is Microsoft. They made it now possible to add funds to your Microsoft account via Bitcoin. You can’t use Bitcoin directly to buy content or products, however, you can use Bitcoin to add funds to your Microsoft account and with the money you can make purchase apps, games and more for Windows, Windows Phone and Xbox. In the official announcement of Microsoft they mention that they work together with BitPay, the leading payment processor of the Bitcoin ecosystem. If you used Bitcoin to add funds … Continue reading Microsoft Does Accept Bitcoin Now

Technology2 Comments

What Is Bitcoin

Dennis

I follow a very interesting technology innovation since some time. It’s a payment technology called Bitcoin. What is Bitcoin? Well, it is basically a digital currency, a new way to send and receive money over the internet. The currency is called Bitcoin and you can use it worldwide and the transactions are secure, fast and processed every day and hour of a week. You could now say that we can already send and receive any country currency via bank or any online payment provider, but to understand the advantage of Bitcoin over the commonly known payment variant, we must take … Continue reading What Is Bitcoin

Technology1 Comment

Overstock will take Bitcoin payments in 2014

Dennis

The virtual currency Bitcoin had a hard week and while Bitcoin is already known for being very volatile, some retailer are still not shocked about this fact. Overstock for example announced on Friday that they will accept Bitcoin payments in 2014. Overstock is a retailer and sells everyday products like household equipment and furniture for the home. Apart from that they do also sell apparel for men and women and even jewelry and watches, health and beauty products and indeed also electronics. That is again a new posibility which allow Bitcoin owners to spend Bitcoins instead of treasuring them up … Continue reading Overstock will take Bitcoin payments in 2014