Microsoft Updates Bing Search Engine for Bitcoin Currency Conversions

Microsoft has added bitcoin currency conversions to its Bing search engine, which could pressure Google to follow suit.

AccessTimeIconFeb 10, 2014 at 7:06 p.m. UTC
Updated Feb 21, 2023 at 1:09 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Microsoft revealed on 10th February that its Bing search engine will now automatically convert currency denominations to BTC in response to simple commands.

These include queries such as "$13 to BTC" or "0.45 BTC to euros," which when entered will reveal answers using the most up-to-date price data from San Francisco-based bitcoin wallet provider Coinbase.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • Screen-Shot-2014-02-10-at-12.37.49-PM.png

    The move is notable as it could represent a willingness on the part of Microsoft to embrace bitcoin. Further, the decision could force Google, the world's most popular search engine, to update its own currency converter.

    Microsoft moves toward bitcoin

    Microsoft, one of the world's largest software companies, has been silent on bitcoin, though its researchers have been studying it for some time.

    Notably, the Washington-based company discontinued its own in-house virtual currency system last year. Before its demise, Microsoft Points allowed users to purchase games and media content on products such as Windows Phones and Xbox consoles.

    Bing's BTC conversions will first be available in Australia, Canada, India, the United Kingdom and the United States, before debuting in additional markets.

    Bill Gates sidesteps bitcoin questions

    The announcement occurred on the same day Microsoft co-founder and technology adviser Bill Gates participated in an Ask Me Anything reddit discussion in which he was asked about his thoughts on cryptocurrencies like bitcoin.

    The question, submitted by user shiruken, received 1890 points and quickly became the top question.

    Gates did answer, but did not weigh in with Microsoft's position on bitcoin. Rather, he reiterated that his nonprofit, the Gates Foundation, believes that 'digital money' services such as Kenya's M-Pesa mobile service will continue to grow, especially in the developing world over the next five years. Gates elaborated:

    "The foundation is involved in digital money, but unlike bitcoin it would not be anonymous digital money."

    Google's next move

    The decision by Bing could put pressure on Google, which has been similarly silent on all matters bitcoin, though obtained emails suggest that the company is at least taking a passive interest despite its PR silence.

    Some media outlets have speculated it could try to one-up its rival by opening the doors to even more virtual currency conversions. Bing currently supports currency conversions for 50 currencies, however, Google supports a far greater number on its service.

    Image credit: Bing home page

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.