Topic: Japanese company will start paying salaries in Bitcoin - page 2. (Read 951 times)
Do any other japanese companies plan to do the same?
That’s too funny. This week you’ll be making $900. Next week $200. The week after $1,100 then $300. If they are going to give people the equivalent of their salary in btc, those people may never know if they can pay their monthly bills by the time they cash out to pay them.
That is a logical answer. But may be they are calculating the salaries of their workers in bitcoin for every month and they pay them in bitcoin, just here in this form some signature campaigns are paying to their participant in Dollar, they calculate dollar for bitcoin and then transfer fund in bitcoin. I think that in future when bitcoin will become more stable then it will become more easy for them to pay them their salaries in bitcoin. Right, see highlight above.
That’s too funny. This week you’ll be making $900. Next week $200. The week after $1,100 then $300. If they are going to give people the equivalent of their salary in btc, those people may never know if they can pay their monthly bills by the time they cash out to pay them.
That is a logical answer. But may be they are calculating the salaries of their workers in bitcoin for every month and they pay them in bitcoin, just here in this form some signature campaigns are paying to their participant in Dollar, they calculate dollar for bitcoin and then transfer fund in bitcoin. I think that in future when bitcoin will become more stable then it will become more easy for them to pay them their salaries in bitcoin.
That’s too funny. This week you’ll be making $900. Next week $200. The week after $1,100 then $300. If they are going to give people the equivalent of their salary in btc, those people may never know if they can pay their monthly bills by the time they cash out to pay them.
Actually, this will be interesting, The GMO Internet Company, which offers web-related service including bitcoin exchange, intend to pay salary by bitcoin up to 890$, starting in February, therefore, employees will be able to receive salary by bitcoin If they are interested in, not only that but also, the company is going to offer 10% bonus for employees who are interested in trying this opportunity.
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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Japen always open to this kind of things, actually it is pretty good for the Bitcoin.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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I hope in a few years Bitcoin will be pay as salaries in more and more places, and I believe in a few years in will be part of the paying method in a lot of places in the world.
Well Japan is, certainly, improving a really intelligent system. I believe soon other companies will follow the idea, for BTC seems to be here to stay in the market as a really suitable item.
I wonder how they are going to set the salaries even when the price of BTC is always going up and down. Maybe would be better if they get X BTC amount/month, than X USD Amount/month. But tricky risk.
I wonder how they are going to set the salaries even when the price of BTC is always going up and down. Maybe would be better if they get X BTC amount/month, than X USD Amount/month. But tricky risk.
I would like to be able to get my salary in bitcoin. this way in few days after the pay day I could have more if I hold it there
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?
I think this is a more widespread way of using bitcoin in the community. If all companies pay a bitcoin, it is likely that bitcoin will be used more commonly. This is a way for Japanese people to have a better view of the true benefits of bitcoin. I am looking forward to one day receiving a bitcoin instead of the normal salary.
We all know that Japan is advanced country,which is well-known for many different field ,and do the cryptocurrencies. If Japan’s companies do proactively for paying salary, it may be a great news for crypto currencies. There are even many people start keeping eye on bitcoin, then there will have some countries all over the world realize this strategy. The future of bitcoin will be more bright and potential, especially we can get more benefits from bitcoin than past. Yep, I also hope to be paid salary by bitcoin.
A risky thing. One month we can earn several hundred thousand. another few dollars only. The btc price is unstable. This is not a good solution. I would not agree to something like that.
Japan is more developed than other countries when it comes to technology so bitcoin was expected to be more developed in this country
It's amazing how easily and quickly the Japanese seem to embrace new technology and then fit it into their daily lives. We seem to be years behind in the west and constantly paying catchup.
I really like Japan when it comes to discipline and implementations. It says there that it is to prepare the country better for cryptocurrency which really i agree. Atleast their government is supporting/helping them to be better in this matter, and besides it says also there that only part of their salary will be in crypto and they still have a choice whether crypto or not to recieve.
I think if there is one company in Japan that implements paying their salaries through bitcoin most likely in other countries will also start implementing their employees salary system through bitcoin. 
It sounds great that Japanese company will start paying salaries in bitcoin. Its a good news for bitcoiners like us. Japan initiating this activity and if this activity will success I'm sure many country will follow just like what Japan did.
If in Japan there are companies that pay their employees salaries through bitcoin which I think in other countries may start looking at companies in Japan who pay salaries through bitcoin. If the salaries of employees through bitcoin work well most likely in other countries start applying payroll companies in Japan that pay their salaries through bitcoin.
Japan's use of Bitcoin and the blockchain seems to be much ahead of other countries.
It is because Japan's view on cryptocurrencies is different from most of the countries. Well, to be precise, each country has a different viewpoint in cryptocurrencies that is why some don't accept the use of it or ban it in their country and some accept it as a great opportunity to further improve their economic status. Let's just see how paying salary in bitcoin would turn out for the employees.
Great news for all of us. Japan is very advanced country and many cryptocurrencies also experienced popularity in Japan. Its good idea company paying salary with Bitcoin. if it succeed, more companies will follow
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.
Its an excellent proposal, especially because it gives employees the option of charging in bitcoin or doing it in their local currency, within the companies this could be a way to increase the worker's momentum, to benefit them and at the same time make the movement economic for themselves be prosperous. At least one of the companies in an Asian country adds to this good idea that promotes knowledge of the economy. Will they also take the initiative to offer a course on btc to their employees, for those who do not know the new technology at all?
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