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Topic: Japanese company will start paying salaries in Bitcoin - page 5. (Read 951 times)

sr. member
Activity: 504
Merit: 251
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It would make sense as Japan has really taken bitcoin on board imagine if they had of done that 5 years ago how much it could have changed the lives of its employees.
full member
Activity: 406
Merit: 110
Wow, that's really exciting. Japan is so progressive and the west definitely need to look to Japan for inspiration and stop naval gazing! It would be such a huge shift if the same happened here. I think I need to move to Japan!
I wonder if the employees can change back to recieving fiat currency at any time...?
Japanese government are truly amazing persons, unlike here in our country, don't know what to with the crypto. There is already an opportunity in front of us but they kept refusing it and kept warning people about it withoug analyzing things first and a thorough study. They don't realize that it was a big help in our countries economy.
newbie
Activity: 57
Merit: 0
Wow, that's really exciting. Japan is so progressive and the west definitely need to look to Japan for inspiration and stop naval gazing! It would be such a huge shift if the same happened here. I think I need to move to Japan!
I wonder if the employees can change back to recieving fiat currency at any time...?
sr. member
Activity: 582
Merit: 250
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I heard about this news as well and I think it's great.  They give them an option and it is not mandatory.  I would personally choose to be paid my salary in 50% fiat and 50% bitcoin if I was in their position.


full member
Activity: 210
Merit: 100
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.
I am so happy to hear that.Hopefully other countries will follow this as a transaction tool and bitcoin prices will be stable in the future.
full member
Activity: 266
Merit: 122
Even if bitcoin price dropping hearing news like this give me strength to believe that bitcoin will recover soon. Japan really passionate in adopting bitcoin and this is nice to know because if this country become successful in using bitcoin in their day to day transactions chances that more countries will also adopt it is very high also with this positive news the demand in bitcoin will continue to grow.
sr. member
Activity: 384
Merit: 250
I Envy them hope it will happen in my country as well. i believe that bitcoin is at early stage is not a bubble but majority of Japanese are well adopted on bitcoin. they believe on it! i hope the 2nd phase of adoption will be next year so that my company will pay as our salaries in bitcoin.
newbie
Activity: 112
Merit: 0
Nice one from Japan, this will motivate alot of countries to replan and restrategise in order to maximize and improve sales and services. Great Japan
sr. member
Activity: 743
Merit: 250
This is good news. Japan keep making good steps since a while towards supporting Bitcoin and advertising it a lot more in the same time. This news will encourage so many other people to start buying BTC and investing in it, and this will help to spread the word more about this crypto currency.
sr. member
Activity: 1106
Merit: 250
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Japanese are start paying salary in bitcoin. This is very good news for cryptocurrency as well as bitcoin. Japan use is  bitcoin in their many advance field. Pay salary is one of them. They take full advantage of bitcoin.
sr. member
Activity: 308
Merit: 250
Great idea.I like to be paid in bitcoins too.But I pity the employees ..their life will become miserable,with the raising bitcoin prices..they can not spend them or save them..if the HODL
member
Activity: 406
Merit: 10
It no surprise to hear that the  Japanese will be paying salaries in bitcoin,bitcoin is popular with them and they are in support of bitcoin.They are big fans of Bitcoin.
full member
Activity: 168
Merit: 101
Yes! This is a cheering news for Bitcoin enthusiasts and is a welcome development for cryptocurrency.I believe that some day other big nation of the world will follow the steps taken by Japan.
member
Activity: 84
Merit: 10
This is awesome news. I love Japan.

If Bitcoin ever does become a real preferred currency, it's definitely starting in Japan (and perhaps South Korea) long before anywhere else.
hero member
Activity: 798
Merit: 500
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.

Bitcoin is advanced in japan and to much famous since the founder of bitcoin it self belongs to japan.They support bitcoin more than other country especially in aisa. Glad to hear they will start paying salaries in Bitcoin. In my country I don't see any project which start paying in bitcoins. I think people in japan are to much lucky.There Government support the crypto currencies

It is cool. Japan is very advanced in use of technology. That is the main reason for the growth of Japan is too fast. The Japanese company starts salaries in Bitcoin having sense of virtual currency. That is more secure and fast in transaction. The employee of that company can save Bitcoin as asset and will be converted it in to traditional currency when they need of money in future. Otherwise the balance of their money is also increase with the price of Bitcoin increases.
sr. member
Activity: 370
Merit: 250
Forza Italia
I think its a great initiative to establish a precedent and many other companies will follow. It has its riks but its where the world is going

It is, however more countries should be more tolerant and open towards bitcoin if you ask me. It's has been proven that even the IMF is pro crypto currency since it makes things more transparent, fast and decentralized.
sr. member
Activity: 1022
Merit: 280
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.

Bitcoin is advanced in japan and to much famous since the founder of bitcoin it self belongs to japan.They support bitcoin more than other country especially in aisa. Glad to hear they will start paying salaries in Bitcoin. In my country I don't see any project which start paying in bitcoins. I think people in japan are to much lucky.There Government support the crypto currencies
newbie
Activity: 28
Merit: 0
I think its a great initiative to establish a precedent and many other companies will follow. It has its riks but its where the world is going
sr. member
Activity: 434
Merit: 250
If this is implemented, it will make it easier for the owners of the company to be imitated by the owners of other companies in any country, I think this is a good example where all business owners can also monitor their employee transactions especially if it is also applied to employees who work in government
legendary
Activity: 2912
Merit: 1068
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For Japan that doesn't surprise me, actualy I was expected that to happen even sooner. This is great news for Bitcoin adoption but when I think if I would like to get my paycheck in Bitcoin, I'm not so sure. Bitcoin is very volatile and this could be very tricky. Maybe just some smaller part and the larger one in fiat money. Still I beleive that many companies will follow that example in the future.
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