Technology and Choice #17 Decentralization and Agronomy
In this Episode
Agronomy is the science and technology of producing and using plants for food, fuel, fiber, and land reclamation. — Wikipedia
Co-host Michael Bright and I present the third in the Hemp Corner series. Those used to hearing mostly about internet and cryptocurrency tech may wonder why we’re exploring such a mundane and seemingly distant subject of agriculture.
As this series goes forward, we will definitely be exploring the direct interfaces between internet tech, cryptocurrency and the agronomy of hemp, but to start, we explore how the nature of hemp works towards a common goal: Decentralization.
Starting from the acquisition and handling of seeds, a whole set of new agricultural, social and industrial options open around hemp, options which are largely unique to this fascinating
Who should be interested?
Those who want to see “green” solutions.
Those concerned with building community.
Those who wish to prosper and see others prosper.
Those who wish to empower individuals, families and communities.
Those who want to see undue control move away from huge corporations.
Those wishing to increase individual freedom of economics and finance.
bitcoin within rising wedge – 300$ movement coming soon EN English (UK) EN English (IN) DE Deutsch FR Français ES Español IT Italiano PL Polski SV Svenska TR Türkçe RU Русский PT Português ID Bahasa […]
bitcoin payments may be accepted at over 260,000 stores in Japan by this summer following partnerships between the country’s bitcoin exchanges and major retailers.
Japanese electronics chain has partnered with Tokyo-based bitFlyer, which runs the country’s largest bitcoin exchange that currently comprises of the bitcoin market.
This Friday, Bic Camera’s flagship shop in Tokyo’s Yurakucho district along with Bicqlo Bic Camera, a hybrid outlet with Uniqlo, will begin a trial run using bitFlyer’s bitcoin payment system, to the official release.
Customers will be able to pay up to 100,000 yen (~$900 USD) with bitcoin, which will also include reward points at the same rate as for cash payments. The trial will determine if Bic Camera will expand bitcoin payments to its other 39 nationwide locations.
Meanwhile, another Tokyo bitcoin exchange, Coincheck, has partnered with , the retail support arm of human resources conglomerate .
, which currently holds 99% of the bitcoin payment market share in Japan, will bring bitcoin payments to shops that use AirRegi, a point-of-sale app developed by Recruit Lifestyle, by this summer.
To pay with bitcoin, customers can simply scan the barcode displayed on the app. Coincheck will process the transaction, converting the bitcoin into yen for the merchant.
Additionally, the app also supports Alipay, China’s leading third-party payment solution. However, Chinese tourists visiting Japan will be able to finally spend their bitcoin, something they cannot do in their home country.
Today, the most popular electronic payment options in Japan include Suica andRakuten’s Edy, which are accepted at 380,000 and 470,000 locations, respectively. But with these recent moves, virtual currency could soon enter their ranks as AirRegi terminals are already used at 260,000 eateries and other retail locations nationwide.
Japan: Land of the Rising Bits
bitcoin transaction volume in Japan began to since 2016, and in January 2017 its volume exceeded 541.1 billion yen (about 20 times compared to the same period last year).
Just recently, on April 1, 2017, Japan’s Payment Services Act for virtual currencies , recognizing bitcoin as a legal payment option while forcing cryptocurrency exchanges to register with the government. Starting in July, purchases of virtual currency will be exempt from the consumption tax.
Overall, the new regulations and tax incentives are expected to boost consumer confidence and growth of the domestic virtual currency market, which already had accepting bitcoin.
Will these new partnership make bitcoin a mainstream payment method in the country? Share your thoughts below!
Cointelegraph.com News JPMorgan Chase Analysts Say Prolonged Crypto Bear Market Is Scaring Off Institutions JPMorgan analysts state that participation from institutional investors is fading as a result of the current bear market more info…
