Japanese Company Wants to Pay Employees in Bitcoin

With a 10% bonus in current salary if they opt for the change.

Tech & Gadgets
6.1K 16 Comments
Save

A Japanese internet services provider will begin partially paying employees in Bitcoin. According to cryptocurrency watcher CoinDesk, starting next year, GMO Internet Group will provide employees the option to receive payments from ¥10,000 JPY ($88 USD) to ¥100,000 JPY ($881 USD) in the cryptocurrency.

Employees will also receive a supplementary 10% of their salary if they choose to receive payment via Bitcoin as encouragement. GMO has a benefit in pushing Bitcoin as its set to launch a new cryptocurrency mining operation in 2018, where they will actively trade Bitcoin. Bitcoin is rising in popularity, with people using it to pay for private schools and buying homes. Although rising in popularity, world-renowned economist Robert Shiller cautions people, stating Bitcoin is “the best example of a bubble.” In other cryptocurrency news, there’s a Miami condo on sale for 33 Bitcoins.

Read Full Article

What to Read Next

Gucci In "State of Unrest" As 1000 Employees Threaten to Strike
Fashion

Gucci In "State of Unrest" As 1000 Employees Threaten to Strike

Adding yet another brand to a growing wave of labor scandals rocking the luxury sector.

Japanese Minimalism Meets French Elegance in This Parisian Home
Design

Japanese Minimalism Meets French Elegance in This Parisian Home

Designed by Hauvette & Madani.

Albino & Preto Pays Tribute to Jean-Michel Basquiat in a New Collection
Fashion

Albino & Preto Pays Tribute to Jean-Michel Basquiat in a New Collection

Featuring gi and nogi sets, as well as lifestyle pieces.


This Nike LeBron 23 Pays Homage to 2003
Footwear

This Nike LeBron 23 Pays Homage to 2003

Commemorating King James’ electric NBA debut.

New Era and LA Lakers Celebrate Kobe Bryant's Career With Hat Capsule
Fashion

New Era and LA Lakers Celebrate Kobe Bryant's Career With Hat Capsule

Honoring the Black Mamba.

Carhartt WIP's Winter 2017 Parkas Are Front-And-Center in New Lookbook
Fashion

Carhartt WIP's Winter 2017 Parkas Are Front-And-Center in New Lookbook

Layer up.

Take a Ride With Nora Vasconcellos, adidas’ First Female Pro Skater
Sports

Take a Ride With Nora Vasconcellos, adidas’ First Female Pro Skater

Check out HYPEBAE’s exclusive video interview.

Ting Meister Designs "History of Hmong" Air Jordan 1
Footwear

Ting Meister Designs "History of Hmong" Air Jordan 1

Dedicated to the Hmong-American Festival in May 2018.

Tay-K Signs a Record Deal with 88 Classic
Music

Tay-K Signs a Record Deal with 88 Classic

Despite being imprisoned.

Netflix's 'The Polka King' Stars Jack Black as a Rip-Off Artist in New Trailer
Entertainment

Netflix's 'The Polka King' Stars Jack Black as a Rip-Off Artist in New Trailer

Black is the “King of Pennsylvania Polka.”


NASA & Google Discover Two New Planets Orbiting Sun-Like Stars
Tech & Gadgets

NASA & Google Discover Two New Planets Orbiting Sun-Like Stars

Described as a major discovery by both entities, astronomers say they already knew about it.

LVMH Opens Applications for the Fifth Edition of the LVMH Prize
Fashion

LVMH Opens Applications for the Fifth Edition of the LVMH Prize

The LVMH Prize plans to spotlight the best young talent in fashion.

Listen to Calvin Harris's Hard-Hitting Remix for SZA's "The Weekend"
Music

Listen to Calvin Harris's Hard-Hitting Remix for SZA's "The Weekend"

Just in time for the weekend.

Ron Mueck Sculpts 100 Massive Human Skulls for Latest Melbourne Installation
Art

Ron Mueck Sculpts 100 Massive Human Skulls for Latest Melbourne Installation

Titled ‘Mass.’

Nicki Minaj Links Up With A$AP Ferg for "Plain Jane" Remix
Music

Nicki Minaj Links Up With A$AP Ferg for "Plain Jane" Remix

From Harlem to Queens.

ASICSTIGER Celebrates Its 30 Year Anniversary in the GEL-LYTE® Model
Footwear

ASICSTIGER Celebrates Its 30 Year Anniversary in the GEL-LYTE® Model

Presented by ASICSTIGER
Offered in white and black colorways.

More ▾