Just so people know, this isn't ALL power companies in Japan -- it's one power company that has plans in the works to accept bitcoin, I don't see anything to show that Bitcoin is live yet for them. Tad bit of fake news, but I don't think you meant to do it as cointelegraph obviously has a bias and they're showing it.
Yes, mostly it's a click bait and the company actually isn't accepting bitcoins they're just using an intermediate payment processor. At the end of the day, they still getting fiat lolI don't see something like this happens unless people are going to be leaving their utility companies if they can't use bitcoin, which I count the odds on that as being slim to none -- as no one is just going to leave their utility company for this as they truly do need power, water, sewage, etc.
Utility companies need us as much as we need them. If there is a market for you, then they should occupy it.I mean-- eh.
At this point people arne't going to be picking a new utility company because their current one doesn't accept Bitcoin -- for one because you know, there aren't other utility companies for certain goods (Electricity, Natural Gas, etc) and also because utility companies offer other services which people find fine -- such as credit cards, bank withdrawals, checks, etc.
