Cloud Miner On Trends Making Bitcoin Attractive Now: Japan, Litecoin, Dwindling Fiat

While the Ethereum Foundation team is working on improving their Blockchain, the world of cryptocurrencies continues to evolve. To support its claim, the mining company Hashflare cites three positive trends that are going on right now in the Bitcoin world.
Electricity Bills Payment with Bitcoin in Japan
Hashflare states:
‘The Bitcoin price continues to grow as Japan declared its new policy to accept BTC for utility payments. This is an important development stage for the cryptocurrency as it means the growth of interest and trust which leads to a positive impact on the value of BTC.’
By this, the company means the recent announcement by ResuPress Inc. the company which operates Coincheck, a Bitcoin payment service, which stated that it has partnered with Mitsuwa Industry Co. Ltd to allow Japanese users to pay utility bills with Bitcoin. To be launched in November 2016, heavy Bitcoin users could save between 4-6% on electric bill when the service is operational.

This post was published at Coin Telegraph on 2016-10-19.

Comments are closed.