First Overstock and then TigerDirect, more online companies seem to accept Bitcoins as an official payment method and all though there are still many big companies that haven’t, streaming website Netflix with over 40 million subscribers is planning on starting accepting Bitcoins as payment method for its monthly subscription fee.
The information was leaked by Max Keiser who previously announced that Zynga will start accepting Bitcoins, which turned out to be accurate.
I broke story that Zynga will take BTC several months ago. Here’s the next big story. Netfllix is thinking about going BTC.
— Max Keiser (@maxkeiser) January 4, 2014
Hello, my name is Niels Bosch
and i am the founder of AmongTech. Currently living in the South of Spain. My main interests are web development, playing video games once in a while, Apple, Marketing and SEO. I am currently studying Business administration, Networking & Security and Database management and will be doing so for the next year.
I really don’t think they want to do pay per view
Then you can pay monthly with bitcoin
They will accept bitcoin if they know what is good for them.
I think they should try a pay-per-minute model… So if a movie costs $1.00 to watch, then perhaps they give you the first 10 minutes for free and the rest of the 90-minute movie costs $0.0125 accrued minutely, and charged when the watching session is finished.
It is really up to them to decide this, the problem with that is that usually the tax you have to pay is higher then the actual cost of watching a movie, this very big issue is now solved if they decide to use Bitcoins as payment method
I think pay-per-view might actually work. Especially for people who stream, but don’t only stream, or stream little to moderately. I think for people who are only on the streaming plan or who stream a lot, paying monthly with a CC may still be more cost effective.