Japan's Peach Aviation to Accept Payment in Bitcoin

The video discusses the volatility of Bitcoin and its impact on market trends. An innovative airline from Japan is exploring the use of Bitcoin as a payment method to expand customer choice and create new revenue streams. The airline is developing a payment system to be operational by the end of fiscal 2017, initially focusing on air tickets with plans to expand to other areas. The decision is driven by both customer demand and the current trend of cryptocurrencies. The airline aims to responsibly integrate Bitcoin transactions without setting a cap, while monitoring market conditions.

What recent trend in Bitcoin is highlighted in the first section?

• A decline in its popularity

• Stability in its market value

• A surge of over 100% in the past two months

• A decrease in its value by 50%

Why is the airline considering Bitcoin as a payment option?

• To reduce operational costs

• To expand customer choice and explore new revenue streams

• To eliminate the use of traditional currencies

• To comply with government regulations

What is the airline's approach to integrating Bitcoin into their payment system?

• Implementing it without any restrictions

• Accepting it only during promotional periods

• Developing a system to responsibly manage its volatility

• Using it only for international flights

By when does the airline plan to have the Bitcoin payment system operational?

• By the end of 2018

• By the end of fiscal 2017

• By the start of fiscal 2018

• By mid-2017

What is the initial focus of the airline's Bitcoin transactions?

• Loyalty program rewards

• In-flight purchases

• Air ticket transactions

• Non-air ancillaries