{"id":314,"date":"2013-11-29T17:07:00","date_gmt":"2013-11-29T17:07:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/chinas-third-largest-mobile-network-now\/"},"modified":"2013-11-29T17:07:00","modified_gmt":"2013-11-29T17:07:00","slug":"chinas-third-largest-mobile-network-now","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2013\/11\/chinas-third-largest-mobile-network-now.html","title":{"rendered":"China\u2019s third-largest mobile network now accepts Bitcoin!"},"content":{"rendered":"

(CoinDesk<\/a>) Consumers in China can now purchase smartphones with bitcoin from a
\nmajor carrier, after a local division of China Telecom announced a
\npromotional offer for new Samsung phones this week.
\nChina Telecom\u2019s subsidiary Jiangsu Telecom, in Jiangsu province on the east coast of the country, posted the offer on its website<\/a>. Translated details were scarce, but it appears customers have the chance to use bitcoin instead of yuan to pre-order<\/a> Samsung\u2019s 2014 clamshell form-factor Android phone.
\n<\/a>
\nAny business newly accepting bitcoin, even in a small way, is
\nguaranteed to gain disproportionate attention in these times. So on the
\nsurface, many recent stories of bitcoin acceptance from China seem more
\npromotional than revolutionary. Indeed, this is a limited offer for one
\nmodel phone from a local provider and not a major announcement of
\nlarge-scale bitcoin adoption.
\nHowever, it\u2019s also a sign large state owned enterprises in China, or at least
\ncertain divisions of them, are more open to experimentation with bitcoin
\n than their overseas counterparts.As of this month, most bitcoin
\nacceptance in other parts of the world remains limited to owner-operated
\n small businesses and startups. A division of Chinese internet search
\ngiant Baidu also announced recently<\/a> it would accept bitcoin as payment.
\nJiangsu
\n Telecom\u2019s offer also strikes a more positive note than previous reports
\n from China earlier in 2013, which suggested China Telecom was trying to block<\/a>
\n bitcoin-related traffic from its services. China Telecom is China\u2019s
\nlargest fixed-line provider and its third-largest mobile carrier.
\nIf
\n bitcoin can be used as a promotional tool to attract younger and more
\ntechnology-aware consumers, it also indicates the Chinese market itself
\nis more ready for alternate forms of payment.<\/p>\n

Open your free digital wallet here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n","protected":false},"excerpt":{"rendered":"

(CoinDesk) Consumers in China can now purchase smartphones with bitcoin from a major carrier, after a local division of China Telecom announced a promotional offer for new Samsung phones this week. China Telecom\u2019s subsidiary Jiangsu Telecom, in Jiangsu province on the east coast of the country, posted the offer on its website. Translated details were […]<\/p>\n","protected":false},"author":1,"featured_media":933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,76,153,468,678],"tags":[764,840,1126,1331],"yoast_head":"\nChina\u2019s third-largest mobile network now accepts Bitcoin! -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2013\/11\/chinas-third-largest-mobile-network-now.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China\u2019s third-largest mobile network now accepts Bitcoin!\" \/>\n<meta property=\"og:description\" content=\"(CoinDesk) Consumers in China can now purchase smartphones with bitcoin from a major carrier, after a local division of China Telecom announced a promotional offer for new Samsung phones this week. China Telecom\u2019s subsidiary Jiangsu Telecom, in Jiangsu province on the east coast of the country, posted the offer on its website. 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