May 29, 2014

You’ll soon be able to pay your TV company in Bitcoin. The future is now.

Posted by in category: bitcoin

Brian Fung — Washington Post
We’ve been talking for months about how Bitcoin has been slowly getting more integrated into the mainstream. Well, now the cryptocurrency is taking a bigger step in that direction: Beginning this summer, Dish Network, one of the largest satellite TV operators in the country, is going to start accepting bitcoins as a form of payment.

The company said Thursday that it’s partnering with the virtual wallet company Coinbase to help process the transactions. Users who want to pay with bitcoins will do so through Coinbase, which will instantly convert the bitcoins into dollars and forward them to Dish.

“Bitcoin is becoming a preferred way for some people to transact and we want to accommodate those individuals,” said Dish executive vice president Bernie Han in a statement.

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