“Korea now has its first store willing to accept Bitcoin, the new form of digital currency that has everyone talking. Despite its relative convenience, it remains to be seen whether Bitcoin will become a popular way to pay for things in a brick and mortar store.
Kim Min-ji reports. This bakery in Incheon, west of Seoul, has begun accepting Bitcoin as an alternative means of payment, becoming the first store in Korea to accept the virtual currency. To pay with Bitcoin, the customer needs to check how much Bitcoin is needed to meet the original price tag. Using a currency conversion application, the price of a product is converted into Bitcoin units.”
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