THELOGICALINDIAN - The oldest Chinese advertisement for science and technology account will activate accepting Bitcoin as cable payments in 2024 As such its activity to become the actual aboriginal media to acquire cryptocurrencies for subscriptions
Beijing Science and Technology News’s Technology Life appear in an official press release that it will activate accepting Bitcoin payments for subscriptions starting in 2019. Readers can acquirement a one-year cable for 0.1 BTC which, at the time of autograph this is account almost about 450 Yuan or $65.
The move marks a abundant anniversary as Technology Life will become the actual aboriginal media to clearly acquire payments in cryptocurrencies.
The outlet’s ambition is not alone to alter its bazaar but additionally to accession acquaintance appear the beginning technology.
Interestingly enough, the advertisement has additionally placed a specific action which bouncer users from the animation of the world’s aboriginal and foremost cryptocurrency. According to it, if the amount of Bitcoin is college at the end of the subscription, the bi-weekly is activity to acquittance the aberration to its users.
Technology Life’s move comes amidst a time of ascent burden surrounding the acreage of cryptocurrencies.
As Bitcoinist reported August 22, the country officially banned all crypto-related bartering activities. Immediately afterward, the country banned 124 adopted cryptocurrency exchanges, while the People’s Bank of China warned about actionable fundraising and pyramid schemes angry to blockchain-related companies.
Yet, admitting the country’s clampdown, traders can calmly participate in cryptocurrency trading using Tether and VPN. Furthermore, as it turns out, it is additionally almost accessible for investors to purchase ICO tokens and alike to adapt antecedent bread offerings by demography advantage of foreign-registered companies, admitting the prohibitions.
What do you anticipate of Technology Life’s move to acquire Bitcoin as a acquittal method? Don’t alternate to let us apperceive in the comments below!
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