Wednesday, 8 October 2014

Twitch Falls Further Down The Bitcoin Rabbit Hole - From The CoinFront

Twitch has added a large number of new payment options for their channel subscriptions.


Users can now pay with Qiwi, OneCard, OKPay, Skrill, Dwolla, and, of course, Bitcoin, among others.


This is a further expansion of Twitch’s acceptance of cryptocurrency.


In August of this year, Twitch partnered with Xsolla to accept an enormous number of payment options for Twitch Turbo subscriptions, over 600 in all. Bitcoin, of course, was one of them. But now users can pay for individual channel subscriptions as well.


Dogetipbot, the platform through which members of the Dogecoin community on reddit tip each other, has been ported over to Twitch as well.


Twitch And Bitcoin


Twitch’s step deeper into the world of Bitcoin offers yet another major online platform where bitcoiners can spend their coin. At this point, many of the world’s larger online platforms are embracing Bitcoin.


The largest companies online, however, are still holding out. Of the top 10 websites online according to Alexa, only one, Wikipedia, has begun accepting Bitcoin. Baidu, the Chinese search engine, was for a time briefly accepting it but dropped off in the wake of China’s controversial position on Bitcoin.


Amazon, however, the seventh largest site on the internet, owns Twitch. It was acquired at the end of August.


Could Twitch’s continued embrace of Bitcoin under Amazon’s stewardship signal a potential future where Amazon finally begins accepting Bitcoin?


Amazon has announced in the past that it had no plans to accept Bitcoin, but the future of course is unwritten. And while the merits of Amazon embracing Bitcoin are debatable, it would certainly be good news. .



Twitch Falls Further Down The Bitcoin Rabbit Hole

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