Japanese Airlines to accept bitcoins soon - page 11.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: TrumpD on May 28, 2017, 09:26:43 AM

This is not a surprise considering the mass adoption of bitcoins by the Japanese. Tx confirmations need to improve for retailers like airline to be comfortable accepting bitcoins in short notice , otherwise I for see them refusing it as payment, if the delays continue at the current rate. Despite a volatile past week, in which it fell by more than $400 in a few hours on thursday, it still rose on the day, Thanks to the Japanese and South Koreans.

Yes indeed, not surprising to begin with. They have put bitcoin as legal tender in their country so it makes sense for Japanese that want to travel to used bitcoin as alternative to Yen. What will benefit here is bitcoin enthusiast like us who are going to travel or may have used Japanese airlines to used bitcoin as mode of payment for the tickets. I think retailers in Japan will not complain about the increasing transaction fee's since again its legal tender for them.

TrumpD

sr. member

Activity: 602

Merit: 265

This is not a surprise considering the mass adoption of bitcoins by the Japanese. Tx confirmations need to improve for retailers like airline to be comfortable accepting bitcoins in short notice , otherwise I for see them refusing it as payment, if the delays continue at the current rate. Despite a volatile past week, in which it fell by more than $400 in a few hours on thursday, it still rose on the day, Thanks to the Japanese and South Koreans.

algernonen

full member

Activity: 196

Merit: 100

Good news！
This makes me want to travel to Japan，consumption BTC

YuginKadoya

legendary

Activity: 3038

Merit: 1169

Quote from: Xester on May 24, 2017, 12:40:53 AM

https://cointelegraph.com/news/japanese-budget-airlines-will-accept-bitcoin-in-2017-install-btms-at-airports

According to this article, Japanese Budget Airlines are going to accept bitcoins this year. They declared that later this year we can now enjoy flights without bringing our wallets but our bitcoins in our smartphones. As part also of their new innovation they have installed BTMs or Bitcoin ATM on the airport for the convenience of their customers. With this we can expect an increase in tourist visits to Japan.

When I had read the news that japan would definitely accept bitcoin I was thrilled on what kind of things they can surely do with this kind of technology and I wasn't wrong about it and this kind of payment was already implementing little by little not only with their merchandise but paying with their transportation now, and with these lot of transactions happening we can surely hope that bitcoin would still riser and make it to the speculated $3000 value mark that has been stop to $2700.

Juggy777

hero member

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Quote from: Xester on May 24, 2017, 12:40:53 AM

https://cointelegraph.com/news/japanese-budget-airlines-will-accept-bitcoin-in-2017-install-btms-at-airports

According to this article, Japanese Budget Airlines are going to accept bitcoins this year. They declared that later this year we can now enjoy flights without bringing our wallets but our bitcoins in our smartphones. As part also of their new innovation they have installed BTMs or Bitcoin ATM on the airport for the convenience of their customers. With this we can expect an increase in tourist visits to Japan.

Japan is just way ahead of all countries, while other countries are failing to understand the use of Bitcoins, they are just making a killing out of it. Just a thread where a op was looking to shift and I said Japan, now I am also having a thought might take a trip to Japan, and pay it from Bitcoins, it's just amazing what Japan people are doing to help Bitcoin users. I wish all countries start taking Japan as an example and start working towards integration of Bitcoins.

Kimi80

sr. member

Activity: 750

Merit: 252

They recognize a value of bitcoin and trying to implement it in all day activities of all people. It is a simple way to pay your fly ticket. Also making people to think and use much more a bitcoin as their method of payments. And of course; where first then in Japan.

Takuul

newbie

Activity: 60

Merit: 0

Great news!

Considering to try them just for that, in what countries do they operate and will bitcoin be accepted in all their branches and planes or will be restricted to certain places and locations or the like.

bitcoin199

newbie

Activity: 56

Merit: 0

That's what you expect from anything belonging to japan, great innovation and I will definitely try my best to give it a try, it's perfect for airflights to pay with BTC, and it would make reserving much easier and less complicated than regular TX's. Plus confirmation wouldn't be any problem IMO since you would pay a long time before the plane actually flies toward the destination.

aoluain

legendary

Activity: 2436

Merit: 1362

Quote from: TheWallStreetCrew on May 25, 2017, 09:13:30 PM

Japan seems to be at the forefront of mainstream adoption. Too bad the US blew the chance to lead the space.

Yes for sure they are definitely leading the way in terms of adoption. Stuff like this and the
other thread here about OKI going to manufacture ATM's is all positive. If large companies
see potential for expansion and market share they will be all over it and then we have a
snowball effect.

Its all good!!

The news is reported in mainstream news also, Here it is on the financial times from the 22nd >
https://www.ft.com/content/a0389242-3ee4-11e7-9d56-25f963e998b2

Lagduf

sr. member

Activity: 1162

Merit: 260

Japan is a cool country with very good technology, i wonder why some country that have obselete technology is banning bitcoin but japan is accepting, we can see the difference of how smart people and average people thinks.

piebeyb

legendary

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Merit: 1039

Bitcoin Trader

It looks cool at least japan is one country with very fast technological advancement so there may be some other countries that will follow japan

nuela

full member

Activity: 145

Merit: 100

Blocklancer - Freelance on the Blockchain

This is good news for bitcoin who will join the community later on, I think my country can follow and will receive bitcoin.

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Already bitcoin was officially accepted into Japan. Now bitcoin being getting accepted into the airline industry is not a big surprise. Randomly we can expect bitcoin acceptance in most of the sectors, as more than thousands of retail and shops around the country have started accepting bitcoin.

Jayshree85

member

Activity: 99

Merit: 10

It is really very happy to know that Japan is taking so many steps to make bitcoin more famous and giving their merchants more option for income.

jonpande

sr. member

Activity: 323

Merit: 250

very nice country

Japan, China, and Korean. 3 country has a very important war in progress of development technology particularly in the bitcoin, prices strengthened since this year.

King Sastro

sr. member

Activity: 630

Merit: 251

Good news, with the large number who accept bitcoin can then keep the existence of the bitcoin, I'm sure other airlines soon followed because the online payment system is currently the best is bitcoin.

Nevis

hero member

Activity: 560

Merit: 500

Goodnews for people in japan who is bitcoin users and adventure lovers too,this will affect world bitcoins price due to big adoption in japan so almost all people will benefit into it,good to hear that

rajasumi3

full member

Activity: 266

Merit: 100

japanese are improving the bitcoin use every day and the price of bitcoins would increase every day as the price of bitcoins would be more than ever now if all the countries accept bitcoins like japan has done.

SoulBargain

full member

Activity: 234

Merit: 100

Quote from: TastyChillySauce00 on May 24, 2017, 04:39:45 AM

Out of curiosity, how about the confirmation which needs to arrive? Is it just accepting zero-confirmation just like some bitcoin payment gateway do?. The average confirmation needs about 15 minutes to arrive and probably some people still have some time to wait for it until the plane's landing, but, how if the fee is just not enough and the transaction get stuck?.

Unless you have the same wallet that the transaction should be instant (or almost if not) so they will not wait for minutes that is limited to the wallets that they provide and this is more applicable to immediate flights like let's say they needed to book the flight same day as when will it depart. Also maybe they will make it applicable for flights reserved one week before which will surely arrive to the company's address and book flight after. Or maybe if there is no other way then they will just use the fiat they have.

jerowacik

legendary

Activity: 1162

Merit: 1000

This is the beginning of the increasing acceptance of bitcoin in Japanese society. The Japanese government looks very supportive of bitcoin development in the country, they are very open to new technologies such as bitcoin and digital currency

Topic: Japanese Airlines to accept bitcoins soon - page 11. (Read 7332 times)