From the archive
Japanese Can Soon Pay Utility Bills with Bitcoin
Original source: news.bitcoin.com
From what I hear Japan is rather conservative in what concerns financial instruments but here they are taking quite radical steps forward!
Coincheck Business Development Lead Kaga Kawabata said his company has “achieved a major milestone for Bitcoin”. Customers may begin paying in bitcoin from November.
The service is the first of its kind in Japan, where Bitcoin is still a novelty in daily consumer life. While a handful of businesses in Tokyo and Osaka accept bitcoin, most Japanese prefer it as a speculative instrument.
Discussion
I am yet to see a shop that accepts BitCoin. The ordinary people haven't heard much about it. Those who read tech news are scared about it. Only a few business people seem to be interested in it at the moment. As a concept, BitCoin is very interesting. I will wait and see how it goes (my usual appr