Soon You Can Pay Your TV Bill in Bitcoin

Dish Network unveils bitcoin payment plan.

National Journal
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Alex Brown
May 29, 2014, 6:32 a.m.

Dish Net­work sub­scribers will soon be able to pay their bills in bit­coin, the com­pany an­nounced Thursday, mak­ing the satel­lite TV pro­vider the largest com­pany to ac­cept the vir­tu­al cur­rency.

As of Ju­ly 1, cus­tom­ers will be able to use bit­coin’s Coin­base on­line wal­let to pay their bills. Dish will use the wal­let’s In­stant Ex­change fea­ture to im­me­di­ately con­vert the pay­ment to U.S. cur­rency.

“We al­ways want to de­liv­er choice and con­veni­ence for our cus­tom­ers, and that in­cludes the meth­od they use to pay their bills,” said Dish COO Bernie Han. “Bit­coin is be­com­ing a pre­ferred way for some people to trans­act, and we want to ac­com­mod­ate those in­di­vidu­als.”

Dish Net­work’s profit fell in the first quarter of 2014, and it has seen rival Dir­ecTV agree to a mer­ger with tele­com gi­ant AT&T.

Coin­base says it hosts more than 1 mil­lion con­sumer wal­lets, as well as 31,000 mer­chants.

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