Finally, the Japanese government accepted bitcoin as a legal payment!BTCWant some insights or a quick guide into
how bitcoin works as a currency in Tokyo?
What kind of products and services
we can buy using bitcoinsBTC?
What app should we choose to
trade bitcoins?
Or even how’s the Sakura going on under the landmark Tokyo Tower?
Yes, way too many questions!
Therefore, we invite Ruby as our Tokyo bitcoin guide to help you discover more about Bitcoin & the City.
Just by watching the video below!
If you couldn't open the video, just click the link here:https://www.youtube.com/watch?v=FfJG6iVeRfIorhttps://www.facebook.com/bitkanofficial/videos/1826169514312062/In case you don’t have Wi-Fi now and neither do you have an unlimited data plan, we have prepared a quick preview for you:
Ruby from BitKan which is a very aggressive and professional Bitcoin agency,
in a city full of innovation and wonders, discovering every single possibility of our beloved Bitcoin,
this whole thing could totally appeal to you.
And to add spice to this documentary,
she accepted our challenge of living in Tokyo only by bitcoins for 72 hours! As soon as it began, she rushed to her favorite place in town,
which of course is the National Museum... no way, just kidding! It’s a bar. Ruby rushed to a bar in broad daylight!
But, drinking is just like marriage, you need to choose the right timing!
5 o’clock in the afternoon is of course not a good time for getting drunk. Maybe that’s why this bar won’t open until 8 pm.
Still, nothing could stop Ruby to get a taste of Tokyo nightlife. She made the second charge into that bar, and this time she succeeded.
But how to pay in bitcoins after you get a little bit tipsy? There are two methods for you, so please stay sober and read on:
1, By using a Third-party Bitcoin Payment app.
Some apps in Japan could ensure the instant transfer of currency by using third-party payment,
and the rate will be automatically calculated.
This actually is as quick and easy as WeChat Pay, only in bitcoins.
For instance, Ruby this time used CoinCheck to pay her bills. All she needed to do is scan the QR code and press “confirm”!
2, By discussing the rate with the merchant and transfer bitcoins with BitKan app.
This method is widely used among small merchants. For instance, when Ruby was renting a Kimono, the shop keeper decided his own rate.
5000 Yen (around 50 USD)
=
0.5 BTC!!!!!!!!!
(You must be kidding me! I will give you 500 USD for 5 BTC please!) OK, it turned out that the shopkeeper was not that good with numbers. And it should be 0.05 BTC.
Anyway, we should keep it in mind that the exchange rate might not be fair, and Visa or MasterCard is still a better choice.
(obviously Ruby doesn’t care about the exchange rate at all! Stay happy, girl!)
Q: How many dollars did Ruby pay in Bitcoin to rent the Kimono?
LEAVE YOUR ANSWER and YOUR IMPRESSION OF VIEW on the comment, leave your BitKan ID number, you will get a surprise! I only wish that this is possible in other parts of the world.
In my country, China, this isn't possible at all. The money transmitting sector is dominated by big payment processors like Wechat pay and Alipay, and nobody is giving any thought to bitcoin at all.
This is a great decision by the Japanese government.
But at the same time, other countries are moving further and further away from bitcoin. Just look at how the central bank of China put all these regulations around the withdrawal of coins from exchanges etc.