TOKYO: A Japanese company will start paying part of its employees salaries in Bitcoin, as it aims to get better understanding of the virtual currency, a spokeswoman said on Friday.
GMO Internet, which operates a range of web-related businesses including finance, online advertising and internet infrastructure, will start paying up to 100,000 yen ($890) monthly by Bitcoin to its employees in Japan from February next year.
Employees can receive salaries by Bitcoin if they want to, company spokeswoman Harumi Ishii told a French wire service.
We hope to improve our own literacy of virtual currency by actually using it, she said.
The offer will be open to around 4,000 employees of the GMO group in Japan, she said.
The company started a Bitcoin trading and exchange business in May.
And next month, it will join the so-called Bitcoin mining business gaining the right to receive new Bitcoins as a reward for helping keep the network secure by approving transactions.
World Bitcoin prices have surged globally this year, soaring from less than $1,000 in January to $17,000 this week.
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Its an excellent proposal, especially because it gives employees the option of charging in bitcoin or doing it in their local currency, within the companies this could be a way to increase the worker's momentum, to benefit them and at the same time make the movement economic for themselves be prosperous. At least one of the companies in an Asian country adds to this good idea that promotes knowledge of the economy. Will they also take the initiative to offer a course on btc to their employees, for those who do not know the new technology at all?