About one of the most experts in the field of crypto currencies agree: it needs new users and investors, in order for the Bitcoin exchange rate as of 2017 explodes again. Of course, growth is also forecast possible, this could be without a massive new attention, however, is more subdued. A Bitcoin News just in time for Christmas makes the heart of every Bitcoin Fans beat faster. The company announced allow “Rakuten” from Japan to its customers, to the loyalty points of the company against Bitcoin and co. trade-in. Rakuten is one of the 10. largest Internet company in the world and has had this year, more than 100 million users. Due to this extent, the company is also called the “Japanese Amazon”. So what does this mean in concrete terms for BTC and what comes to us?
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100 million Japanese to get access to Bitcoin and co.
Who in Japan in the world group-Rakuten online shopping, as with many other companies, loyalty points, called “Rakuten Super points” for his Loyalty get. At the same time, the company seems to be the Crypto to have discovered. In April of this year, the Crypto Exchange started by the name of “Rakuten Wallet Inc.” of the company.
24. December, announced the company in a press article, that it is now possible for the loyalty points against Bitcoin, Ethereum, or Bitcoin to Cash exchange in the App, the Crypto-exchange. In fact, of the approximately 107 million customers of the company (as of 2 get. Quarter of 2019) easy access to crypto-currencies offer. With a few clicks it is so easy to get free BTC and co.
Exactly this Form of Bitcoin Adoption seems to be the goal of the company. The press report describes the Intention behind the new Service:
The introduction of the new service, Rakuten Wallet hopes to reduce the barriers to access to the Crypto-Asset trading, providing a simple and accessible way for new users, including inexperienced users, who are interested in the Crypto-Asset trading.
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What does this mean for BTC and the price?
The exchange of loyalty points against Bitcoin and co. depending on the customer Status is limited. However, could arise due to the size of the company, with over 100 million users, still (in theory) an effect.
In practice, the Whole thing looks quite a bit different. Of the huge number of customers will of course take only a small percentage of the Service at all. Another point: even if the Service is claimed, are to be exchanged, the sums in Bitcoin is likely to be limited. The ultimate extent of the Service could be much smaller than it initially sounds.
Nevertheless, the new Service for customers of Rakuten is a great example of the fact that the fundamental interest in Bitcoin is growing in any case, otherwise the 10 would. largest Internet company in the world with a turnover of 781,9 billion Yen (6.4 billion Euro), not in Crypto to get in. We can look forward to as an interesting year 2020 and are excited to see what world group next on the Bitcoin train starts up.
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How do you see the development of interest in Bitcoin and co.?
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