DISH Accepts Its First Bitcoin Payment
August 14 2014 - 8:38AM
Business Wire
- Stars of “Life on Bitcoin” documentary
are inaugural customers
- DISH customers can now pay with bitcoin
at mydish.com
DISH® accepted its first bitcoin payment today as the payment
option is now available for all DISH customers through mydish.com.
Today’s inaugural bitcoin transaction follows DISH’s recent
announcement that DISH customers could pay their monthly bill with
bitcoin starting in the third quarter.
Austin and Beccy Craig, the stars of a new documentary film
“Life on Bitcoin,” were the first DISH customers to pay with the
digital currency. The Craigs spent the first 101 days of their
marriage paying exclusively with bitcoin. The documentary will soon
be released chronicling their adventure and educating viewers about
bitcoin.
“DISH is a leading example of how the world is becoming
friendlier with new ways of buying products and services,” said
Austin Craig. “When we shot our film last year, we struggled to
watch TV or go to a movie paying with bitcoin. Now, a leader in TV
technology is embracing this bitcoin movement from a tech-savvy
crowd.”
“DISH is now accepting bitcoin because we are listening to
customers and providing them with the choice and convenience they
want,” said Bernie Han, DISH executive vice president and Chief
Operating Officer. “When we announced that DISH customers could pay
with bitcoin, we heard some enthusiastic feedback from bitcoin
users. Starting today, they can choose bitcoin as a payment option
for their monthly bill.”
As announced in May, DISH has selected Coinbase as the payment
processor for bitcoin transactions with customers who choose to pay
their bill online with the bitcoin wallet of their choice. DISH
will use Coinbase’s Instant ExchangeTM feature to exchange bitcoin
payments to U.S. dollars at the moment of the transaction.
The bitcoin payment option is now available for DISH customers
choosing to make one-time payments on mydish.com. Customers will
still have the option to make any payment online via credit card,
debit card or bank account.
To view a video of Austin and Beccy Craig making the first
bitcoin payment to DISH, visit bit.ly/dishbtcn.
About DISH
DISH Network Corporation (NASDAQ: DISH), through its
subsidiaries, provides approximately 14.053 million pay-TV
subscribers, as of June 30, 2014, with the highest quality
programming and technology with the most choices at the best value.
Subscribers enjoy a high definition line-up with more than 200
national HD channels, the most international channels, and
award-winning HD and DVR technology. DISH Network Corporation is a
Fortune 250 company. Visit www.dish.com.
About “Life on Bitcoin”
“Life on Bitcoin,” soon to be released, is a documentary film
following a newly married couple as they try to survive purchasing
every living necessity only with the "cryptocurrency." Married less
than two weeks and fresh off their honeymoon, Austin and Beccy
Craig embark on an adventure to find out if it can be done. Visit
lifeonbitcoin.com.
DISHJohn Hall,
303-723-1968johnw.hall@dish.com@DISHNews
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