Post
Topic
Board Economics
Re: Honda Now Accepts Bitcoin and Ethereum As Payment Methods
by
TelolettOm
on 05/10/2023, 23:25:19 UTC
Honda the giant of Japanese automobile now accept bitcoin and ethereum for payment through a third party partnership deal with a blockchain payment system called FCF Pay.
It is great news, hopefully will bring big impacts on the Bitcoin and crypto as a whole.
Honda is one of the biggest company in the automotive field. It has very big market in the world, especially in Asia. So when it allows people to use Bitcoin or Ethereum for the payment, there are probably many people to support the idea. We know that many people are holding cryptos in Asia, they are available to use it for paying their favorite cars/motorcycles from Honda now. However, I'm sure it will adjust the regulation on the countries that Honda sells their products. People only can buy Honda products with BTC or ETH in the countries that legalize crypto as payment tools. It the country prohibits crypto for payment purposes, people still can't buy Honda products with BTC/ETH.