Reply to post: Re: Legitimate uses for Bitcoin ?

Ransomware now using disk-level encryption


Re: Legitimate uses for Bitcoin ?

"Uhh - Microsoft accept btc ... "

It seems they price in and accept $US, and will allow an account to be settled through a Bitcoin payment processor which they immediately convert to the required $US amount. That's not the same thing, as the BC price will change minute to minute while the $US price is more fixed. You could more easily pay a restaurant bill in Spain with a £ debit card using the Visa or Mastercard network - but that doesn't mean the restaurant accepts or trades in £Sterling.

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