Microsoft Bing cozies up to Bitcoin – offers live conversion via Coinbase

For the past few years, Microsoft’s Bing search engine has offered up the ability to convert multiple currencies. For example, simply head over to the site and enter “1 USD to Rupees” to learn that 1 US Dollar is equal to 62.03 Indian Rupees.

Now, the Redmond based company has added the digital currency, Bitcoin, to its arsenal of knowledge. Moreover, for all of you who are wondering, No – Google does not offer Bitcoin conversion at this time.

For those unfamiliar with Bitcoin, it is a peer-to-peer open source payment system that was introduced almost ten years ago in January 2005 and has since grown to worldwide popularity.  Unlike traditional currency, a Bitcoin is not based upon any physical material, but instead relies on digital “mining”. One of the many benefits of Bitcoin include the fact that it is decentralized and does not rely on a middle man as standard government currency does.

Downsides include a highly volatile market and a lack of widespread use. To learn more about Bitcoin, you can head over to their official website by clicking here.

Are you a Bitcoin fanatic – are you happy to see integration within Bing?

Source: Bing Blogs