By Mistakenly, Microsoft Said To Stop Accepting Bitcoin For Windows Apps

Microsoft Supports Bitcoin Payment

By Mistakenly, Microsoft Said To Stop Accepting Bitcoin For Windows Apps.

Microsoft previously announced that it has quietly stopped supporting bitcoin payments on Windows Store that is used to purchase devices and software online, as well as power the company's Xbox, music, and video stores. 

Bitcoin payment support was announced in the US by Eric Lockard Microsoft Universal Store corporate vice president in December 2014. 

The support has been also withdrawn from Windows 10 and Windows 10 Mobile app stores.

"You can no longer redeem Bitcoin into your Microsoft account," the company said in an update first spotted on Reddit. "Existing balances in your account will still be available for purchases from Microsoft Store, but can't be refunded."

Previously Microsoft allowed customers to deposit their Microsoft Accounts with Bitcoins which could then be used to buy Windows apps as well as content from video, Xbox games and music stores. The short-term experiment with Bitcoin doesn’t appear to have convinced the company to keep supporting it. Users will be allowed to use their existing balance for making purchases but they won’t be able to use Bitcoin to top up their balance. Microsoft will also not be refunding balances.

Earlier this month, Peter Williams, chief edge officer at Deloitte's Centre for the Edge, said

there is an irrational exuberance for blockchain, the ledger that underpins bitcoin and other cryptocurrencies."I haven't seen anything as hyped in such a short period of time as blockchain ... The answer to every question seems to be 'blockchain'," he said."I expect that at the next Miss World: 'What do you want to do?' 'I want to solve world peace by using a blockchain, and end poverty and world hunger as well'."

MIcrosoft Spokeperson told to Softpedia,

“We continue to support Bitcoin for adding money to your Microsoft Account which can be used for purchasing content in the Windows and Xbox stores. We apologize for inaccurate information that was inadvertently posted to a Microsoft site, which is currently being corrected.”

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