This is the only Japanese altcoin. Japan is the only country giving digital currencies a legal status as JPY
It's so funny when people talk about some coin being country specific. One of the tenets of cryptocurrencies is that they are borderless. I'll bet that 99% of businesses in Japan that accept Mona also accept, at the minimum, Bitcoin. And outside of Japan probably no one accepts Mona.
The more country specific a coin is the less chance it has of going up in value.
I would disagree with you.
What 99% of coins lack is a strong community & ecosystem.
MONA has this and the network effect can then spread MONA over the world.
See it like JCB credit cards vs VISA.
And there are 129M japanese... so it has a weight And has we all know, Japan has always been a leader in technology and development so it is not crazier than the launch of the Walkman... I think it is a good advantage that the currency is widely used in Japan and promoted locally, it shows that it is a really money and not only speculation