Re:Microsoft accepting Bitcoin
by drzaiusapelord on Thursday December 11, 2014 @01:16PM
(#8736220)
Except those cards aren't global. In countries with untrusted banking systems they aren't even for sale or they are via their own regional bank that a Western processor will just refuse to accept.
There's still a big problem out there with foreign transactions and the credit card system. Paypal kinda handles this in some scenarios, but it still is unsolved, especially when you're discussing non-trivial amounts of money.
Once you can purchase content directly using XBT, instead of merely using it as a funding source, you might have a use case.
Otherwise, most people would just buy a prepaid Debit card. It solves actually the same problem you're saying XBT solves, but it's accepted at vastly mere merchants.