"Because Reading is an Investment in the Future."steemCreated with Sketch.

in trading •  2 months ago

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The oldest technology magazine in China will accept bitcoins for subscriptions from 2019. The magazine would like to advertise crypto currencies and win new readers. Since bitcoin is more or less forbidden in China, this train is surprising.

The Beijing Sci-Tech Report is China's oldest technology publication, Asia Times writes. These have now accepted for the subscriptions for the coming year Bitcoin. The cost for a subscription is 0.01 Bitcoin, so well over 50 Euro.

According to the magazine's press release - which is available as a Google translation here - "the relevant person in charge" said it was about promoting blockchain technology through a hands-on application. In its many forms of application in recent years, this has repeatedly been the topic of the two magazines "Beijing Science and Technology News" and "Technology Life".

Presumably, the titles of the magazines have got a bit confused in translation. The Beijing Sci-Tech Report is likely to be the "Beijing Science and Technology News," which, if I interpret my Google results correctly, used to be a supplement to the Beijing Youth Daily, the official newspaper of the Communist Party youth league, but now has passed into other hands. But here I row into dangerous half-knowledge about the Chinese media landscape.

According to the press release, the publisher also plans to publish an English edition starting in 2019. For subscribers paying with bitcoins, the magazine introduces a special policy: because "reading is an investment in the future," readers pay for the subscription at a certain price, but get back a bit after a year if the bitcoin price has risen.

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What a great news from China. Great step taken by the team of that oldest technology magazine of China. Despite being enormous obstacle for the growth of cryptos there are crypto believers full of enthusiasm. These are the real steps forward for not only survival of cryptos but also to prosper the community.

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Another great news out from China.Looks like the tide turns around.

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I totally agree with the saying that, "reading is an investment in the future,". only a few people were successful because they read... a lot!

Awesome! Hope this article will help and change others towards bitcoins. It's really great to hear that there's a technology that still believe in Bitcoin like we do. This is really a great stepping stone for all of us! Cheers!

i thought experience is our best book XD lol