Ever since Bitcoin (BTC) turned into a mainstream institutional adoption hobby, Microsoft seems to be having a hard time deciding what it wants to do with Bitcoin (BTC). Whenever there is a mention of Bitcoin (BTC), the Microsoft officials always seem to be making very vague and unclear statements.
One cannot simply understand exactly where Microsoft is headed with the statements its executives have made since Bitcoin (BTC) became trendy. At the end of 2020 when Bitcoin (BTC) started picking up on its price and adoption rate, Microsoft officials didn’t seem to be interested in it.
This was further confirmed and clarified by Brad Smith, the President of the tech giant “Microsoft”. Even during an interview at the beginning of this year, Smith made a very clear statement about Bitcoin (BTC). He stated that Microsoft is not at all interested in investing a single penny in Bitcoin (BTC).
He stated that it is not the case of Bitcoin (BTC) being an untrusted investment source. It was just that the company is not ready to accept the digital asset in its current decentralized and majorly unregulated condition.
Smith even stated that although Tesla has made the move of investing $1.5 billion in Bitcoin (BTC), still Microsoft is not going to change its mind and will continue to do what it deems is important.
However, the recent move made by Microsoft is now telling a different story about Bitcoin (BTC) interest. According to sources, Microsoft has recently launched a poll for the users and followers of the company.
The details from the poll show that the users are asked which option they would like to choose in order to purchase content from Xbox Games Stores. In the poll, Microsoft has provided a list of payment methods that the users can poll for and Bitcoin (BTC) is one of them.
This development between Microsoft and cryptocurrencies has come right after Smith made another bold statement against fintech firms. He stated that there is no point in the fintech firms issuing digital currencies privately for the cryptocurrency industry.
He stated that to look for the common good of the masses, the central banks are there that can take care of that. It should be the central banks with command over the supply of the currencies in the world.
There are high chances that Bitcoin (BTC) will get prioritized over other payment methods that have been proposed by Microsoft. In actuality, this won’t be the first time Microsoft would have adopted Bitcoin (BTC) because the tech giant has already done it back in 2014.
Even back in 2014, Microsoft had chosen BTC as a payment method that the users could use in order to purchase gaming content from the Microsoft Xbox Gaming stores.