A company in Japan wants to start paying employees in Bitcoin
- Japanese company GMO Internet Group will start paying employees partially in bitcoin in 2018.
- Employees can receive payments from about $88 to $881 in bitcoin.
- The company invests in the cryptocurrency.
A Japanese internet services provider will start to pay employees partially in bitcoin, according to cryptocurrency watcher CoinDesk.
Beginning in 2018, GMO Internet Group will give employees the option to receive payments from 10,000 yen (about $88) to 100,000 yen (about $881). Employees will also get an additional 10% of the salary they choose to receive in bitcoin as an incentive.
GMO has an interest in promoting bitcoin. It is set to launch a new cryptocurrency mining operation in 2018, and actively trades bitcoin.
Bitcoin is rising in popularity, with people using bitcoin to pay for private schools and buying homes.
But some still urge caution. World renowned economist Robert Shiller said bitcoin was "the best example of a bubble."
Read the full article at CoinDesk »
Get the latest Bitcoin price here.>>
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh