Topic: [2017-06-26] Bitcoin Adoption Grows in World’s Leading Electronics District (Read 5216 times)
June 28, 2017, 07:59:38 AM
Btc is now recognized by more and more countries.
June 27, 2017, 01:14:57 PM
No surprise at all since they already adopted bitcoin last April. I'm expecting all retail stores should be accepting bitcoin as mode of payment their. Japan is truly leading the way for bitcoin that is why I find in funny seeing hundreds of thread saying the bitcoin is dead. With Japan backing it up, I doubt it will die but instead will grow more every year and soon be mass adopted globally.
June 27, 2017, 11:23:56 AM
Once again I want to say "Thank you, Japan!"
Hopefully we'll see more news like this in the near future because what bitcoin needs right now is more positive publicity. If bitcoin adoption will continue growing the demand will rise and thus the price.
Hopefully we'll see more news like this in the near future because what bitcoin needs right now is more positive publicity. If bitcoin adoption will continue growing the demand will rise and thus the price.
June 27, 2017, 10:29:31 AM
I am always fascinated at the many developments in Japan related to Bitcoin and cryptocurrency in general. Although there is still a long road to track to reach a critical mass in Bitcoin addition, there are already significant adoption that hopefully can also triggers for other merchants and consumers to use Bitcoin as if it is really just another money.
There is that debate whether Bitcoin is more of a store of value rather than a currency. The question of being a currency hinges on us the users if we can use Bitcoin as money. Although we could not deny that primarily Bitcoin remains to be a speculative vehicle, the work to make it also a global currency should never stop. Eventually, we will get there.
There is that debate whether Bitcoin is more of a store of value rather than a currency. The question of being a currency hinges on us the users if we can use Bitcoin as money. Although we could not deny that primarily Bitcoin remains to be a speculative vehicle, the work to make it also a global currency should never stop. Eventually, we will get there.
June 26, 2017, 01:11:14 PM
Bitcoin adoption is growing in Akihabara, an area in Japan known as “the world’s largest electrical equipment marketplace.”
World’s Largest Electronics Marketplace
Bitcoin Adoption Grows in World's Leading Electronics DistrictAccording to Japan National Tourism Organization (JNTO), Akihabara is “the world’s largest electrical equipment marketplace.” Locally known as Akiba, the area is also a favorite destination for tourists. The Tokyo Convention and Visitors Bureau, the official Tokyo travel guide, describes Akihabara as “well-known as a world-leading electronic district.”
“The area houses thousands of shops selling every technological gadget you can imagine, from computers to gaming consoles and vacuums to DVDs, at rather reasonable prices,” Wikitravel wrote about Akihabara. “This area is also known as the ‘Gamer’s Mecca’ and has in recent times become strongly identified with anime/manga subculture.”
While full of high-tech stores, where one might expect to find many bitcoin-loving patrons, only a small number of shops have accepted bitcoin so far. Bitcoin adoption is growing, however, as more stores start to embrace the digital currency.
The largest and most recent store to accept bitcoin in the shopping district is Bic Camera, a leading consumer electronics retailer chain in Japan. The chain opened its first store in Akihabara on Thursday and started accepting bitcoin on the same day using Bitflyer, Japan’s largest bitcoin exchange by volume. This is its third location to accept the digital currency. The first two locations still accept and promote bitcoin today.
Besides Bic Camera, there are some other smaller stores that accept bitcoin in the district. Ark computer shop accepts both bitcoin and the local favorite altcoin called Monacoin for payments starting earlier this month. Ark sells PC parts and game devices. The company partnered with Osaka-based Tech Bureau Co, the parent company of the bitcoin exchange Zaif, in order to accept the cryptocurrency.
In addition to retail stores, there are other types of businesses accepting bitcoin there as well. Dualtap Property Management in Akihabara, for example, recently announced that it is accepting bitcoin through Coincheck, another prominent bitcoin exchange in Japan. The company provides one-stop services involving property development, sales, management and building maintenance internationally and domestically.
Bitcoin Adoption Grows in World's Leading Electronics DistrictSome food establishments also accept bitcoin such as Au Tokyoite, a restaurant and wine bar featuring cheese fondue and Swiss cuisine in Akihabara.
While most stores still do not accept bitcoin directly, many of them accept smart cards such as the popular Suica and Pasmo cards. Both use Sony’s Felica technology. Bitcoin.com recently reported that Felica Marketing is working on turning these smart cards into bitcoin hardware wallets. If launched, customers will have the option to pay with bitcoin at many more stores in Akihabara through their contactless smart cards.
https://news.bitcoin.com/bitcoin-adoption-grows-worlds-leading-electronics-district/
World’s Largest Electronics Marketplace
Bitcoin Adoption Grows in World's Leading Electronics DistrictAccording to Japan National Tourism Organization (JNTO), Akihabara is “the world’s largest electrical equipment marketplace.” Locally known as Akiba, the area is also a favorite destination for tourists. The Tokyo Convention and Visitors Bureau, the official Tokyo travel guide, describes Akihabara as “well-known as a world-leading electronic district.”
“The area houses thousands of shops selling every technological gadget you can imagine, from computers to gaming consoles and vacuums to DVDs, at rather reasonable prices,” Wikitravel wrote about Akihabara. “This area is also known as the ‘Gamer’s Mecca’ and has in recent times become strongly identified with anime/manga subculture.”
Bitcoin Adoption Grows in Akihabara
While full of high-tech stores, where one might expect to find many bitcoin-loving patrons, only a small number of shops have accepted bitcoin so far. Bitcoin adoption is growing, however, as more stores start to embrace the digital currency.
The largest and most recent store to accept bitcoin in the shopping district is Bic Camera, a leading consumer electronics retailer chain in Japan. The chain opened its first store in Akihabara on Thursday and started accepting bitcoin on the same day using Bitflyer, Japan’s largest bitcoin exchange by volume. This is its third location to accept the digital currency. The first two locations still accept and promote bitcoin today.
Besides Bic Camera, there are some other smaller stores that accept bitcoin in the district. Ark computer shop accepts both bitcoin and the local favorite altcoin called Monacoin for payments starting earlier this month. Ark sells PC parts and game devices. The company partnered with Osaka-based Tech Bureau Co, the parent company of the bitcoin exchange Zaif, in order to accept the cryptocurrency.
In addition to retail stores, there are other types of businesses accepting bitcoin there as well. Dualtap Property Management in Akihabara, for example, recently announced that it is accepting bitcoin through Coincheck, another prominent bitcoin exchange in Japan. The company provides one-stop services involving property development, sales, management and building maintenance internationally and domestically.
Bitcoin Adoption Grows in World's Leading Electronics DistrictSome food establishments also accept bitcoin such as Au Tokyoite, a restaurant and wine bar featuring cheese fondue and Swiss cuisine in Akihabara.
While most stores still do not accept bitcoin directly, many of them accept smart cards such as the popular Suica and Pasmo cards. Both use Sony’s Felica technology. Bitcoin.com recently reported that Felica Marketing is working on turning these smart cards into bitcoin hardware wallets. If launched, customers will have the option to pay with bitcoin at many more stores in Akihabara through their contactless smart cards.
https://news.bitcoin.com/bitcoin-adoption-grows-worlds-leading-electronics-district/
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