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Author Topic: Bitcoin Acceptance- Oldest tech publication of China  (Read 169 times)
CryptoHaris (OP)
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October 02, 2018, 04:52:14 AM
 #1

Technology life will be accepting bitcoin as payment for their subscriptions.

Magazines accepting bitcoins as subscriptions goes on to support the popularity of bitcoin especially in Asia.

Quote
Readers can purchase a one-year subscription for 0.1 BTC which, at the time of writing this is worth roughly around 450 Yuan or $65.

Reference article- https://bitcoinist.com/chinas-oldest-tech-publication-begins-accepting-bitcoin-payments/
Coyster
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October 02, 2018, 06:13:56 AM
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This is interesting,and more so because it happens to be in a country that the government has placed a ban on all cryptocurrency activities.
  I think the popularity of the bitcoin is unwavering and unstoppable,and it's endorsement by multiple big time companies just goes to show that; as I'll always say, nations that chooses to stop all activities on cryptocurrency and not tap into it's array of opportunities will only have itself to blame at the end. 
Ava Duvall
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October 02, 2018, 06:59:48 AM
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This is interesting,and more so because it happens to be in a country that the government has placed a ban on all cryptocurrency activities.
  I think the popularity of the bitcoin is unwavering and unstoppable,and it's endorsement by multiple big time companies just goes to show that; as I'll always say, nations that chooses to stop all activities on cryptocurrency and not tap into it's array of opportunities will only have itself to blame at the end. 
I agree, it has low points but it keeps up, and it keeps it's popularity which also shows a lot. You made a very good point in the last sentence, very well said.
coinwizard_
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October 02, 2018, 08:49:45 AM
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Who said crypto is banned in China. This is just one many growing examples of how one of the world's largest economies will embrace bitcoin and drive forward mainstream adoption. Accumulation needs to be done now and fast

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KonstantinosM
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October 02, 2018, 08:53:06 AM
 #5

Technology life will be accepting bitcoin as payment for their subscriptions.

Magazines accepting bitcoins as subscriptions goes on to support the popularity of bitcoin especially in Asia.

Quote
Readers can purchase a one-year subscription for 0.1 BTC which, at the time of writing this is worth roughly around 450 Yuan or $65.

Reference article- https://bitcoinist.com/chinas-oldest-tech-publication-begins-accepting-bitcoin-payments/

The price quoted in the article is all wrong. 0.01 BTC is about 65 dollars.

0.1 BTC would be 650 dollars.

I'd be willing to be 0.01 btc for a yearlong subscription of a decent magazine.

Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
dothebeats
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October 02, 2018, 09:08:45 AM
 #6

0.1 is nowhere near $65, multiply that by 10 and you get the exact figure.
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With this move, other subscription-based journals in China would surely follow suit, given the popularity of bitcoin in there despite their governments differing stance and fair warning regarding cryptocurrencies. If even the oldest tech publication in China catches up on the cryptocurrency craze, why wouldn't the newer publications and services catch up as well? For sure they'll still use 3rd-party solutions for conversion but still, they started to make something happen by simply opening their window for bitcoin. Hope this continues for other services and marketplace as well.

Airbuxf
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October 02, 2018, 12:02:20 PM
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This is interesting,and more so because it happens to be in a country that the government has placed a ban on all cryptocurrency activities.
  I think the popularity of the bitcoin is unwavering and unstoppable,and it's endorsement by multiple big time companies just goes to show that; as I'll always say, nations that chooses to stop all activities on cryptocurrency and not tap into it's array of opportunities will only have itself to blame at the end. 
As far as I know China never banned cryptocurrencies. They've put a ban on certain ICO's that were made to scam people. Chinese goverment is supporting chinese blockchain projects like NEO and VeChain.
mika1977
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October 03, 2018, 09:38:39 PM
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This is good news, because the more companies or services will accept bitcoin as a means of payment, the more it will be distributed
Em00n01
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October 21, 2018, 07:32:10 PM
 #9

Very good news from chaina. Any news of this country affects the market. This news will lead the company from around the world to use crypto as a payment method.

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