Topic: Japanese company will start paying salaries in Bitcoin - page 8. (Read 951 times)
That's great and shouldn't be a surprise, because Japan has officially recognized bitcoin as a currency. Other nations should follow suit and legitimize bitcoin, which can potentially serve as a store of value and protect people from the ravages of hyperinflation or high inflation.
Wow just what you expect for the country where it originally came from it's expected and massive for the japanese country because most of the firms or payment industry in there are accepting bitcoin as mode of payment and as other way of investing your money.
wow, sounds good,
i think this news will affect other company to pay the employee with bitcoin and make bitcoin price higher
i think this news will affect other company to pay the employee with bitcoin and make bitcoin price higher
Great news, one more step towards bitcoin as a world currency. Japan is already quite advanced with bitcoin as many goods can already be bought with. In Europe here, we are not so advanced. Hardly any product can be bought with bitcoin, so it's not soon we'll get our salary in Bitcoins.
But how come ? bitcoin price right now is very dodge and unstable.They could pay them 890$ worth of bitcoin tomorrow it would be 700$ or less. I think it's a bad idea to adop bitcoin as payment method right now , better wait till lightning network is introduced.
And on the other hand, they could pay them $890 then tomorrow it will $1,000. Make sense. That's why it's not mandatory and I think those employees only who are interested are bound for bitcoin payment.
Honestly I don't see any problem if employees there will accept bitcoin as salary as unlike in other country, they have lots of options to used their bitcoin as there are lots of physical shops that accepts bitcoin as payment just like the usage of their usual Yen currency. And no doubt , bitcoin usage there will be more present in the future.
The Japanese are very faithful, even at work they are very serious. So when the Japanese enter the market, I am completely assured. They are always up to date and ahead of time. So earning a bitcoin sooner or later will happen 
If I worked at a company like this (a tech related company) and I wanted to be paid in Bitcoin, I'd just ask them and see if they were willing to do it. Announcing it doesn't seem necessary unless they just do it to their employees.
Still, I would probably be interested in being paid partially in Bitcoin - it shouldn't just be getting paid BTC or not getting paid BTC, it should be a mix that the person is comfortable with (if they're a BTC investor or user, it could be a segment of their disposable income).
Still, I would probably be interested in being paid partially in Bitcoin - it shouldn't just be getting paid BTC or not getting paid BTC, it should be a mix that the person is comfortable with (if they're a BTC investor or user, it could be a segment of their disposable income).
Given this increase in the bitcoin rate, I think all employees want to receive a payroll in bitcoins.
Or maybe they have a decent assessment of risk instead. 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 $17,000 this week.
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But how come ? bitcoin price right now is very dodge and unstable.They could pay them 890$ worth of bitcoin tomorrow it would be 700$ or less. I think it's a bad idea to adop bitcoin as payment method right now , better wait till lightning network is introduced.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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Technologies and Japan? Like I'm gonna be shocked though, Japan is already known for its futuristic technologies that's why I love that country, but anyway speaking about Bitcoin in Japan is not to be surprised of because the Bitcoin started to grow there due to the founder claiming to live in that country. The fact that using it for salaries is a good idea but not yet a good practice because of its security not yet fully guaranteed. When Bitcoin starts to be developed slowly, there is no doubt that not just Japan will start to embrace Bitcoin but also other countries like US.
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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That's good that they are offering Bitcoin as salary to their workers and said that they can receive Bitcoin if they want to. That's a big advancement for their salary system on how they pay their workers. But, I think that can be a good idea nor a bad idea putting their whole salary in Bitcoin maybe a little bit risky. remember it does have a +20%/-20% margin. I personally would not convert all of my salary into crypto. 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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This is good news that I personally quite curious what the world's response to this news. Whether other countries will follow this or will still prohibit the use of bitcoin as a transaction tool. If other countries and companies follow that, then be sure I'm pretty sure bitcoin prices can stay at such high value now and will probably be stable in the future.
That is a big step. But are people gonna accept Bitcoin as payments, also what about taxes on those bitcoin?
Wow .. although Japan has experienced some cases of fraud and failure of digital currency system. but it turns out japan remained confident of bitcoin, until finally the supervisor of financial institutions in Japan has now given the green light on some companies.
No wonder if Japan become a market leader in the world of Bitcoin.
amazing !!!
No wonder if Japan become a market leader in the world of Bitcoin.
amazing !!!
Given this increase in the bitcoin rate, I think all employees want to receive a payroll in bitcoins.
Does anybody know what jobs are available at that company and what are the job requirements?
Japan is really an advanced country, this shows like the bitcoin is becoming ever more famous and i hope that other country can take example in the future for the payment of the salary
I think this is going to be an experimental procedure how will they fully implement the use of bitcoin in their country. And if it succeed, some companies will follow.
The good part is they still have the choice to receive it thru bitcoin or not.
It is Japan and they are already using it. They are just spreading the news more by that means.
So I guess maybe half of their employees will be accepting bitcoin as payment instead of Yen.
I would really love to experience that if I am on their side.
It is Japan and they are already using it. They are just spreading the news more by that means.
So I guess maybe half of their employees will be accepting bitcoin as payment instead of Yen.
I would really love to experience that if I am on their side.
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 $17,000 this week.
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But how come ? bitcoin price right now is very dodge and unstable.They could pay them 890$ worth of bitcoin tomorrow it would be 700$ or less. I think it's a bad idea to adop bitcoin as payment method right now , better wait till lightning network is introduced. 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 this is good news, but I'm wondering how many of the employees will actually choose to receive their salary in BTC.
If they are smart and their employer fair, they will be able to decide how much of their salary will be paid in Bitcoin.
If you're more conservative you for instance would choose to get 20% in BTC and the rest in fiat.
If you're convinced BTC will make to a global phenomenon, well choose to get 80% paid in BTC.
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