Japanese company will start paying salaries in Bitcoin

[cryptorakibul]

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.

[Souri]

I would really like to have a company like that. Of course not having my entire salary in bitcoin (due to legal and practical reasons), but having a part in Crypto would be really cool. Especially because it means my employer/client has recognized Cryptocurrency as a real thing that is happening now.

[kent47400]

that's great and I like it, because news like this can raise cryptocurrency prices.

Such payment methods also make transactions faster, safer and more reliable for employees as their salary.

[Doctor]

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.

If this news is true, I think It is good for bitcoin. Because Bitcoin will be needed to pay salary in japan.

[Millionaire]

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.

If this news is true, I think It is good for bitcoin. Because Bitcoin will be needed to pay salary in japan.

Yes, it is true. when bitcoin is needed and requested by many people, it has the potential to continue to increase in price

[sugarchrisp]

I'm really surprised by this.  I think it's nice to receive bitcoin now for your salary, but when it's at the highest price people wont be nearly so eager.  No one wants to get their paycheck at an all time high, you'll lose money before you can even convert it to fiat currency.

[trackermoney]

Japan is one of the countries that trade the largest bitcoin. This country always follows the development of the era so it is very advanced in all fields. And I give a big appreciation for this one Japanese step. This means that trading in crypto currency will continue to grow and be known by many people.

[Master107]

Japan is advance country and have full potential to do it. They need intellectual persons to manage this system,  yes they have. They need technologies to make it better, yes they have. They have what they need with government that support the growing crypto citizens.

[boyplastic69]

That is a good news for btc investors and supporters where I believe with this kind of salary options to their employees can make btc evolved in the market. I hope that many other companies would follow Japan such that btc could already evolved globally. More employees around the world could actually support this kind of employer to employee salary arrangements.

[rizqillah]

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.

It is good news mate. I like it, japanese company will start paying salaries in bitcoin.