Topic: [2016-01-12] Netflix CFO Bullish On Bitcoin Payments (Read 228 times)
It’s not unlikely for bitcoin to come up as a topic at a conference titled 2016 Internet, Media and Telecommunications Conference.
But what is a little unlikely is a CEO of a major company giving indication that it may be open to bitcoin payments. Well, unless you’re Overstock CEO Patrick Byrne.
But at the conference, Netflix CFO David Wells was asked about the concept of bitcoin and accepting bitcoin as a payment method on the video streaming site. This question was raised in relation to Netflix’s presence in Latin America, where the company has reportedly had payment integration issues.
But as payments evolve, he noted, so could Netflix’s ability to accept more nontraditional payments.
And that’s where bitcoin came into the mix.
“We’ll see where we go from here in the next 10, 15 years from a payments perspective, because countries still want to hold on to their monetary policy. But [it] sure would be nice to have bitcoin, in terms of a global currency, that you could use globally,” Wells was quoted as saying at the conference.
Read more : http://www.pymnts.com/news/2016/netflix-cfo-bullish-on-bitcoin-payments/
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