According to reports, Japan’s heavyweight electronics store, Bic Camera has revealed that since it started accepting bitcoin payment from clients last year, the total amount of transactions made with bitcoin is less than 1 percent.
“When Bic Camera first installed the Bitcoin payment system in its stores, we expected that the customers paying in bitcoin would be mostly foreigners.
Then the government announced that bitcoin was officially legal so we finally felt more comfortable introducing Bitcoin as a payment method in our stores,” said Masanari Matsumoto, PR and IR head at Bic Camera.
Bitcoin and other crypto pessimists may be happy with the recent market slump.
However, the fact remains that the crypto industry has come to stay and the bulls will return soon.
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