Microsoft stops accepting Bitcoin in Windows Store

Back in November 2014 Microsoft announced that it had struck a deal with an outfit called Bitpay that would let it accept Bitcoin in the Windows Store.

“For us, this is about giving people options and helping them do more on their devices and in the cloud,” Eric Lockard, corporate vice president of Universal Store at Microsoft said at the time. “The use of digital currencies such as bitcoin, while not yet mainstream, is growing beyond the early enthusiasts. We expect this growth to continue and allowing people to use bitcoin to purchase our products and services now allows us to be at the front edge of that trend.”

Lockard looks to have been wrong, because over the weekend Microsoft popped up a statement titled “Microsoft Store doesn’t accept Bitcoin.”

Bitpay is still operating and still offers a service that takes Bitcoin and transfers it into a bank account, so El Reg sees no reason to imagine a breakdown in the relationship between the company and Redmond is responsible for Microsoft’s change of heart. Limited demand seems a more likely explanation: there’s limited evidence of Bitcoin having grown too far beyond those “early enthusiasts” Lockard mentioned. Ransomware authors using

Read more ... source: TheBitcoinNews