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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This is good news for all of us. Bitcoin prices will come back in time. I think Bitcoin will increase rapidly shortly. But if there are so many companies out there, that would be a good sign for crypto and Bitcoin.
Lot of regulations apply for crypto these days.some countries ban exchanges and also TAX applying for them.And some countries ban ICOs.one of the major social media facebook stop all crypto ads.seems like crypto going to end day by day.market is falling too.what are your ideas about this?
it's natural for crypto.But crypto is alive.Don't be upset facebook is not only the social site.There are so many social site like twitter,reditt,linkedin.
I also think that the FB banning crypto as well as the ICO does not affect what we are doing. Many social networks help us promote the ICO without necessarily having to use FB as the best option.
Facebook banning crypto ads will give other advertising portals more revenue... I really think Facebook banning crypto ads looks too anti-people.. there's no logical reason behind that accept the fact that they may be playing a script against crypto wealth
This does sound right, but it does not mean that it's against a growing economy every single day. More and more ICO scam appears on Facebook, causing many people to lose their money when investing in those projects.
Lot of regulations apply for crypto these days.some countries ban exchanges and also TAX applying for them.And some countries ban ICOs.one of the major social media facebook stop all crypto ads.seems like crypto going to end day by day.market is falling too.what are your ideas about this?
ICO is a potential financial industry that is everything that everyone sees. I do not think that many media are trying to ban it but this does not mean that it will end. No one will overlook a huge source of profits.
However if one already owns bitcoins, this problem that you have becomes non-existent.
Yes, but what I am talking about is mass adoption. I don't see my grandmother owning BTC.
Bitcoin wasn't designed to be used by 70 year old ghouls. However the newer generation will get this.
Yes, new owners are the younger generation who accept it as well as the bad things it brings. Bitcoins are threatening the survival of Fiat, and many countries are trying to separate it from Fiat, so it does not adversely affect Fiat.
South Korean laws passed this morning are now only letting South Korean exchanges accept users if the user has real-name bank accounts connected.
Regulations like this are the first of many soon to come that will try to take anonymity from cryptocurrency.
The South Korean government reasoning was to prevent money laundering and other illegal activities.
I think it became famous and well known that the price went up too many times to make the world known. And all crypto is not exactly what it says it is no longer something anonymous except that its owner is unknown.
The development since late December shows very clearly what is happening.
The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.
It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.
Except on every round the dip gets deeper and deeper.
The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.
Face up to reality, the party is over.
You are right they are stupid people, but there are still many who are using it to make a profit. Not all "holders" are fools; I think those who follow FOMO are the fools who kill themselves.
"Social media giant Facebook has unveiled a new policy that bans advertisements involving bitcoin and initial coin offerings, among others..."
IT is not good news for us, and it will adversely affect Bitcoin in the future. But I appreciate the new FB policies if you notice I have a lot of fraudulent ICO projects that are advertised on the FB so many people become victims of scammers.
They key is to have enough converted to fiat, land, and gold before the music stops. What's funny are the people who complain about the music.
Of course many are getting rich, and they are not jealous. Many people are trying to think that it is not a good thing and it only brings misfortune. I do not think they will stop that, but I believe in Bitcoin because it helped me change my life.
I remember that I've seen websites that offer the services you provide, which is helpful to people who regularly trade Bitcoins and Ethereum. But tele is also a good choice for people who regularly use smartphone replacement for pc.
A trader just made a million dollar bet that Bitcoin would be over $50k by the end of 2018 A large trader (or traders) just plopped down a million dollars betting that Bitcoin would hit $50k sometime in 2018.
I do not have faith in this as the market continues to dump and there is no sign of stabilizing again so Bitcoin can hardly reach $ 50,000 by the end of 2018. But I also hope it will create a Great fever around the world as of 2017.
BTC went up - alts went down, BTC went down - alts went down, this was the case before December, when cryptocurreny market pumped last time. But according to coinmarketcap BTC dominance in crypto market is 34%, though it was more than 60-70% on September, doesn't it mean that people started paying more attention ta altcoins and so alts eventually becoming more "independent"? I don't think it will happen this year or even next, but don't you think that some top altcoins may bypass bitcoin in the near future?
There is a lot of information from many countries regarding the Bitcoin ban in their country, which has had a significant impact on its price. But I also think it has gone up too high in the years apart, and now it goes down to stabilize its price. It will continue to go down, and I think the amount of 8,000 is a stable figure for a long time.
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Re: What comes to your mind when you think of Japan?
People that go to college are in average brighter, harder working, more ambitious and for more affluante families and they are meant to make more money (as a group) than people that don't go to college
If you factor in the cost of going to college will you really make more money because of the diploma you will get?
