Japan is the leading country in term of crypto adoption so it's not rare to see them become the first one to implement this kind of move. They have a lot of merchants who accept bitcoin so it's not a problem receiving the salaries in bitcoin.
japan is strongly supporting bitcoin and if such news that bitcoin is starting accepting bitcoin as a salaries then i think that is the best step for bitcoin. That step will make reputation of bitcoin in the world.
Topic: Japanese company will start paying salaries in Bitcoin (Read 950 times)
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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When I heard the news, I was not surprised that Japan, as the most developed area of cryptocurrency in the world, was always at the forefront of the development of cryptocurrency. The Japanese government supports bitcoin's development, so it shouldn't be surprising that bitcoin is being welcomed in Japan. 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.
Copied from a news site.
I think not everyone will like it. And I think that this is not right. The person himself must decide whether he wants to invest his money in bitcoin and use it. I hate when someone imposes something on me
Yes, bitcoin is popular in Japan, and it's a great way for Japanese companies to pay their salaries in bitcoins. I think it's great that more Japanese companies will pay their salaries in bitcoins in the future.
That’s a good news. Japanese are really more advanced in technology among all the other countries. This is a good start. Bitcoin will gain more popularity because of that since Japan has almost always been the leader of innovation. As a result, other countries will begin to think of considering of doing the same thing.
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.
Copied from a news site.
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.
Copied from a news site.
This news is old yet it gives us a glimpse of what future brings when bitcoin is accepted in the community. Eventhough bitcoin is not that popular all over the globe but in Japan it is like next to their fiat money that is why some companies accept bitcoin as their way to give salary.
Yes, bitcoin is popular in Japan, and it's a great way for Japanese companies to pay their salaries in bitcoins. I think it's great that more Japanese companies will pay their salaries in bitcoins in the future.
very good prospect for the company's employees. They have the opportunity to regularly invest in cryptocurrency without commissions and earn. its good sign .
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.
Copied from a news site.
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.
Copied from a news site.
Well thats a great news and a great move...
Wish all countries follow this...
Japan is the country who understand technology better and uses it to make ppl life better ...
They are not like most of the countries who fear of crypto .. .
I'm also curious at what type of jobs will pay using bitcoin. Are they all like Crypto related jobs? or are there also like manual labor jobs
I think that this is not permanent and this is just sort of experimentation for their company if what will be the come up in the future if they will just pay salaries using bitcoin and i think that it is risky to pay salaries in bitcoin because the employees might complain because of the volatility of bitcoin might decrease or lessen their salary in terms of valuing in fiat.
I have no sure knowledge about that Japanese company have started paying salaries in bitcoin but yes the news about bitcoin in japan is strongly supporting bitcoin and if such news that bitcoin is starting accepting bitcoin as a salaries then i think that is the best step for bitcoin. That step will make reputation of bitcoin in the world.
Japan's economy is one of the world's leading economies.
I think that in the future when Bitcoin will become more stable it will be easier for them to pay their salaries to Bitcoin.
I love the idea of this company even if they know the volatility of Bitcoin, it will even give positive to other developed countries about virtual currency.
I think that in the future when Bitcoin will become more stable it will be easier for them to pay their salaries to Bitcoin.
I love the idea of this company even if they know the volatility of Bitcoin, it will even give positive to other developed countries about virtual currency.
it's good that bitcoin becomes a means of payment. I think not far off, when it is recognized throughout the world.
That's pretty exciting. It shows how serious Japan is about getting away from the yen and getting into digital currencies. The yen has too many problems, mostly inflation, that Japan doesn't want to deal with. I like the serious approach that Japan has to new innovation and to solving existing problems in its financial system.
Yes, it is sure exciting, but I wish to ask a question. Will you agree to be paid for your work done in Bitcoins? BTC is a very volatile currency, and if you agree for getting salary in it, you risk. Am I wrong?
The best is to treat bitcoin as an investment tool for now. But I still appreciate what Japan did because it shows its understanding of bitcoin.
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It is February 2018 now so does it mean that this company will implement paying Bitcoin as salary to their employees? any updates from this news? I like the idea of this company even though they know the volatility of Bitcoin, employees should now learn how to HODL their salaries so they can gain a double pay 
Do any other japanese companies plan to do the same?
I have seen a news about Toyota accepting bitcoin too, and want to use blockchain for self driving here is it https://www.cnet.com/roadshow/news/toyota-blockchain-bitcoin-tech-sharing-self-driving-car-data/
Woudn't want to be the guy who negotiated his salary end of last year at this company. Don't deny the upside, but the significant downside caused by the volatility of BTC would be too risky for me to rely on to feed my family off.
well, this is a good news and i believe the country will implement it as soon as possible. japan economy is one of the leading economy in the world. this will even send a positive signal to other developed countries about virtual currencies.
In fact that's a cool thing japan is very advanced mostly in this kind of domain and cryptocurrencies are very advanced there. Plus the Japanese people believe in bitcoin so no wonder that a Japanese company would pay the employees in BTC
Wish I had been paid in BTC a few years ago.Eventually we'll all be paid in a crypto currency - its coming - its unstoppable now. However, the government ones will be inflationary and the decentralised ones will be deflationary.
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