Microsoft stopped taking Bitcoin
Users of Bitcoin have seen the growing adaptation of crypto in business. However, there are occasional failures like Microsoft. They refused to accept Bitcoin.
Microsoft's giant has abolished the method of financing customers using Bitcoin. The company has sent an email to all of its customers who are affected by the new changes. This answers the question after much speculation in social media and forum societies.
A Microsoft representative also confirmed the information and explained that as of December 26, Microsoft no longer accepts Bitcoin in exchange for a credit on the client's account. The "Redeem Bitcoin" link on Account.Microsoft.com has been removed so customers will no longer see this option. "
Problems with Bitcoin
Microsoft has stopped accepting credit deposits with Bitcoin, but none of the staff has disclosed the reasons why the company decides to take action. However, it is clear from discussions with different users in different forums that this was not done because of regulatory requirements or something, but rather because of operational problems.
Problems related to long delays, price volatility, and high transaction fees are known to everyone. Here we see that, as in the case of the online Steam platform, companies can "keep" the course of Bitcoin while the problems of high volatility are not resolved.
image source - Instagram
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