Joining Bitpay, Steam and a few other companies who early on started using Bitcoin for payments, now even Microsoft stops using it due to high fees and volatility. Even though volatility is normal in all cryptocurrencies, the high price of Bitcoin and it's slow and expensive transactions are making it near impossible to use as a payment option.
As Bitcoin is still facing the same problems for years of not being able to be used as a currency anymore, alternative currencies are eating up on it's marketcap daily and I don't see Bitcoin being on the top spot for much longer than Q1 or Q2.
I hope these companies haven't given up on cryptocurrencies in general and will look into using other ones in the future. How cool would it be if Steam accepted Steem.
As Bitcoin is still facing the same problems for years of not being able to be used as a currency anymore, alternative currencies are eating up on it's marketcap daily and I don't see Bitcoin being on the top spot for much longer than Q1 or Q2.
I hope these companies haven't given up on cryptocurrencies in general and will look into using other ones in the future. How cool would it be if Steam accepted Steem.
Do we have any data that shows anyone ever used btc to pay Microsoft? Most of the bitcoiners that I’ve met are Linux people. I can see also see bitcoiners being computer savvy enough to torrent most Microsoft products for free.
