Netflix Executive Wants Bitcoin as Global Currency, Considers It Cost-Effective - page 3.

neochiny

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Quote from: DooMAD on October 18, 2016, 06:24:41 PM

Erm... pretty sure both CoinDesk and Cryptocoinnews both posted this story back in January. Why is CoinTelegraph only just posting it now?

Quote from: amacar2 on October 17, 2016, 10:40:59 AM

Isn't this old news? and netflix haven't started accepting bitcoin yet. Shocked

10 months old, yes.

Quote from: odolvlobo on October 18, 2016, 12:43:08 PM

Keep in mind that this is a CoinTelegraph article. I don't pay much attention to CoinTelegraph because most of what they produce is just speculation and embellishment.

Huh. I see. Was wondering if this was a new development or something.
Even thought this would finally lead to netflix actually accepting bitcoin as payment method.
Turns out it's just a rehash. lol. WTH.

*It's taking netflix quite a long time to actually implement accepting bitcoin. It's all 'wants', 'think', but doesn't actually backs it up.
I hope they really do it. sigh.

Milkduds

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Its interesting but to be honest I see some wild technology swings that may make netflix a sony walkman if things progress rapidly enough.
It may also just be some one that understands the main demographics of their user base and playing into that.

Any company coming forward to claim acceptance is a plus in my books but I tend to be a glass half full type.

Doamader

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Sure the huge security around bitcoin its something that will atract any big companie inside, the frauds of the credits cards and debit its huge market, sure removing those options and put bitcoin would be better to the company. I do hope they advance into the adoption of bitcoin, i do like Netflix.

Junko

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LOL, Bitcoin already is a global currency. If the Netflix executive wants more people and businesses around the world to use it, then he should put his money where his mouth is and start accepting it.

And saying that Bitcoin is cost effective is like saying water is wet. Duh.

lumeire

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Old news, still nothing new heard from them but would love to see some more actions from companies like NetFlix.

Quote from: Vinz24 on October 19, 2016, 08:50:35 AM

I hope this will happen. Imagine the price of bitcoin, if bitcoin will use as global currency, the price will be skies the limit. That is why I'm investing more in bitcoin right now.

Well IMO the price won't be much affected.

wxa7115

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Quote from: Caladonian on October 19, 2016, 03:11:56 AM

Quote from: outatime1 on October 18, 2016, 05:29:28 PM

It's good to have executives at large companies keeping bitcoin in the conversation and in a positive way. We need more of this to help promote bitcoin.

that's right if this for real bitcoin will make some huge exposure knowing netflix have good network and seeing bitcoin can be one of their mode
of payments it such a good news there mate.

This will bring some publicity I guess, but that does not mean that such a move will generate more adoption in the population, probably what will happen is that us, the bitcoiners will pay for Netflix using bitcoin and that will be it.

Vinz24

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I hope this will happen. Imagine the price of bitcoin, if bitcoin will use as global currency, the price will be skies the limit. That is why I'm investing more in bitcoin right now.

Chin Cheng

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Quote from: odolvlobo on October 19, 2016, 03:00:01 AM

Quote from: Chin Cheng on October 18, 2016, 01:36:33 PM

Why would the netflix executives wants bitcoin as a global currency since netfilx is a US based business model and you cannot subscribe to netflix without a US based VPN if you are not from the US,so i dont understand the logic behind it .

According to Netflix, it is available in every country except China, Crimea, North Korea and Syria.

oh i didnt know that netflix was available elsewhere,i thought you can view only with an US based IP

Caladonian

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Quote from: outatime1 on October 18, 2016, 05:29:28 PM

It's good to have executives at large companies keeping bitcoin in the conversation and in a positive way. We need more of this to help promote bitcoin.

that's right if this for real bitcoin will make some huge exposure knowing netflix have good network and seeing bitcoin can be one of their mode
of payments it such a good news there mate.

AGD

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Quote

“It sure would be nice to have Bitcoin in terms of a global currency that you could use globally.”

STFU Mr Wells and go using it globally. Bitcoin IS a global currency, that you can use globally.

odolvlobo

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Quote from: Chin Cheng on October 18, 2016, 01:36:33 PM

Why would the netflix executives wants bitcoin as a global currency since netfilx is a US based business model and you cannot subscribe to netflix without a US based VPN if you are not from the US,so i dont understand the logic behind it .

According to Netflix, it is available in every country except China, Crimea, North Korea and Syria.

shinratensei_

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Quote from: outatime1 on October 18, 2016, 05:29:28 PM

It's good to have executives at large companies keeping bitcoin in the conversation and in a positive way. We need more of this to help promote bitcoin.

Netflix are known if the bitcoin can be a potential field for their business because the people are just needed for clicking their mouse for wanna using netflix. I guess bitcoin are be a potential farm field for the online companies in this time because offering an easiest way.

DooMAD

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Erm... pretty sure both CoinDesk and Cryptocoinnews both posted this story back in January. Why is CoinTelegraph only just posting it now?

Quote from: amacar2 on October 17, 2016, 10:40:59 AM

Isn't this old news? and netflix haven't started accepting bitcoin yet. Shocked

10 months old, yes.

outatime1

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It's good to have executives at large companies keeping bitcoin in the conversation and in a positive way. We need more of this to help promote bitcoin.

rekinthis

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Quote from: amacar2 on October 17, 2016, 10:40:59 AM

Seems like netflix soon gonna start accepting bitcoin which will be really nice news for all of us actually to the users from countries where paypal like payment processors are restricted as well as don't have any working international visa/mastercard debit cards. Streaming of netflix should be expanded to meet users from all around the world and allowing bitcoin can be one way for netflix to achieve this worldwide coverage.

Isn't this old news? and netflix haven't started accepting bitcoin yet. Shocked

Well yes they haven't, i am sure they still think about that. It took long time for steam to accept bitcoins so that's nothing strange that netflix takes some time to start accepting them

Chin Cheng

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Why would the netflix executives wants bitcoin as a global currency since netfilx is a US based business model and you cannot subscribe to netflix without a US based VPN if you are not from the US,so i dont understand the logic behind it .

pereira4

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It will be cool to have Netflix on our side since they are huge and very mainstream, but we will not be ready to take those services until we have the lightning network so I hope that developers hurry up and make a good job with this to start making Bitcoin as mainstream as possible, even tho I don't see how it will become mainstream until governments ban cash so e have a real incentive to use Bitcoin in the developed work.

wxa7115

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Until Netflix begins to accept payment with bitcoin we must be careful and take this with a grain of salt, since implementation of bitcoin in a subscription service does not seem that straightforward to me.

requester

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it's another good news for bitcoin user because when there will be mass adoption and more user in bitcoin then only its price will go up and we will start using bitcoin in Satoshi unit and then majority of the website will accept bitcoin and we can use bitcoin much more then present..

odolvlobo

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Keep in mind that this is a CoinTelegraph article. I don't pay much attention to CoinTelegraph because most of what they produce is just speculation and embellishment.

Topic: Netflix Executive Wants Bitcoin as Global Currency, Considers It Cost-Effective - page 3. (Read 2970 times)