China’s oldest and most reputable science and technology magazine, Beijing-based Sci-Tech Report (BSTR), also called “Technology Life,” announced plans to accept Bitcoin as a payment method for next year’s subscriptions, the company said in a statement.
The move makes Technology Life the first media organization in China to accept cryptocurrency as payment. It is also seen as an acknowledgment of Bitcoin as a legitimate form of exchange of value.
The statement reads:
"In the past two years, blockchain as a new Internet technology has become an increasingly popular concern. Bitcoin, which was born in 2009, is currently the most widely-used cryptographic digital currency in the world, using the distribution of many nodes in the entire network. The database is used to identify and record all trading behaviors, and the...
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