Citizens of Japan are going all-in on Cryptocurrency

marcuslong

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Quote from: drm on April 18, 2018, 08:35:33 PM

If only more countries could be like Japan Roll Eyes

I don't think other countries will adopt what's with japan right now, and its really hard going into cryptocurrency if each country government will not be accept it. Good thing about with Japan's government was united with this adoption, and the people itself were having deepest trust with bitcoin. Their place was merged into the fiat system especially the economic trend of the country weren't able to neglect the fact that bitcoin was volatile. Despite of that, the people in their country learned a good attitude by holding bitcoin for a purpose of long term investments and not a day trading scenario. If they sell their assets, they don't sell those that they don't need but instead dumping btc depends on how they really need it for their immediate expenses.

drm

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If only more countries could be like Japan Roll Eyes

imteaz

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Japan & South Korea is way ahead in cryptocurrency than other countries. Both counties have advanced technology and hence people are aware of what's going on in other tech fields. The good thing is lots of young people getting in, means crypto has great future in next decade.

huanzhong644306

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Japan has always been a model of cryptocurrency, and "bitcoin regulation" may have very different meanings in different countries. In Japan, it means taking steps to protect the rights of citizens, while encouraging responsible use of bitcoin and enabling companies in cryptocurrency areas to do business. In other developed countries, "bitcoin supervision" is a euphemism for "anti-money laundering".

paparexon0414

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Well it really nice to hear, we all know that Japan is one of the richest country in the world. If ever, most of their countrymen will use bitcoin and will benefit big in bitcoins price value. If not mistaken, as bitcoin introduce to Japan, bitcoin's price is slowly rising. Japan also started in giving their employees bitcoin's as their salary. They are now really giving importance to bitcoin and they are doing their "first" just to improve their usage of bitcoin. I think they trust bitcoin to help them to create innovation to make their lives more easier. Lets just be happy that JApan is part of the bitcoin community.

Harrow30

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This is good to hear as I believe it is already having a positive impact on the Cryptocurrency markets. The market really need a boost at this time out and the adoption of Cryptocurrency will definitely move across the globe by the end of this year 2018.

gidaahmad

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The Japanese government is very good at researching things. Especially cryptocurrency. I envy when they can transact legally in their country. Because my country states a neutral attitude towards Cryptocurrency.

Lamisa asfiya

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Japan is a worldwide Bitcoin development roll model. This will be a motivation for continuous growth and development of Bitcoin. I think the citizens of Japan are very aware of the investment in Bitcoin and work with educated and intelligent. It is very important to maintain the economy and balance of the country. Japan has a good relationship with Satoshi in the formation of Bitcoin.

daarul50

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Japan is one of the developed countries with a very large and powerful economy. The legalization of bitcoin in Japan will definitely affect the bitcoin price movement in various crypto markets and not escape any other country would want to follow the steps of the Japanese state that has legalized bitcoin as a method of payment of the present to the community. I think the closest country to follow step from Japan is Netherlands and Russia.

amadorj76

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Quote from: Sar elok on April 15, 2018, 10:10:23 PM

Quote from: gold1112 on April 15, 2018, 04:52:22 AM

Citizens of Japan are going all-in on Cryptocurrency. Japan, a country known for its progressive financial vision, has reported an unprecedented 3.5 million active Cryptocurrency participants on the island. More than 80% of traders are between the ages of 24-40. Japan made bitcoin a legal currency!
Will other countries take an example from Japan in near future?

So glad to hear it after all this time preaching against negative cryptocurrency. I hope in future many countries using cryptocurrency

good to hear this, if japan will continue to use bitcoin as their crypto, people all over the world will surely follow, because we all know that japan is the number one country in asia so they can influence other neighbor with their beliefs in bitcoin.

neonshium

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I don’t think you can count how many people are using Bitcoin in Japan, there are other countries that makes use of Bitcoin more than they do, and I’m very sure of that. And by the way, the picture the op used doesn’t display anything that shows that Japan is accepting Bitcoin.

If I’m right, the “Bitcoin is being accepted here’ is just an edit sticker. So Japan is not the only place where Bitcoin is declared legal. And I believe they make use of their main currency more than they do with Bitcoin.

robelneo

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Quote from: gold1112 on April 15, 2018, 04:52:22 AM

Citizens of Japan are going all-in on Cryptocurrency. Japan, a country known for its progressive financial vision, has reported an unprecedented 3.5 million active Cryptocurrency participants on the island. More than 80% of traders are between the ages of 24-40. Japan made bitcoin a legal currency!
Will other countries take an example from Japan in near future?

Japan is now our model when it comes to cryptocurrency adoption if we have 10 more countries doing what Japan has done then we can expect a good price much more than what we have last December 2017 it could go to as high as $30,000.

GreatArkansas

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Quote from: ?? on ??

Europe will do the same in 2018-2019 i think!

This is very good news for everyone. Europe is very large continent, Europe is very the best , there are many people in Europe. It will be the best if there are more people will use cryptocurrency, specially in one country, good example is in the Japan. Japan is really the best in term of Cryptocurrency country.

XpanderaX

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I hope so, other countries can follow the example of Japan's policy. Japan will probably prove to the World that its country will be able to regulate Bitcoin, and Japan will prove that the State using Bitcoin will stay ahead, Even more advanced than any other country. Hopefully, this will be an example of other countries. Success for Japan.

anntlevel

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Quote from: GreatOrchid on April 15, 2018, 11:31:38 AM

Quote from: fanBit101 on April 15, 2018, 11:28:40 AM

Japan is a shelter and protection, marking the development of bitcoin around the world. It is a premise and motivation to promote the perfect and continuous growth of bitcoin. I think their citizens are well aware and educated about the proper way to invest in bitcoin and crypto in order to sustain development and balance in the economy and society. In the formation and development of bitcoin is associated with satoshi and Japan.

Japan has been very bullish on bitcoin, i still dont understand why there are a lot of people who think the opposite of this. I am more than confident in that Japan is going to be one of those countries that is going to offer a financial revolution with cryptos.

Yeah you are right, Japan is one the countries who regularized bitcoin in their countries. We will see one day that Japan is the only country in the world who deals only in digital currency. This is a step towards a digital future because all other thing are going to be converted in digital, so why not currency? Japan has a leading technology in the world and so in bitcoin.

wndrbr3d

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Japan is really first in this sphere. Perhaps this will help them avoid the stagnation of the economy that has been going on for many years.
And of course I hope that many other countries will follow Japan`s experience.

bettercrypto

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Japan is on it's way to lead the cryptocurrency. Progressive country plus having a advanced technology and can compete all over the world, all I can say, Japan will maneuver the journey of this generation in crypto world. The Land of the Rising Sun is ready to develop the blockchain technology, fasten your seatbelt because the ship will go to the moon! And Japan will be the captain of the future in cryptocurrency.

Sab11

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This is a great news after all the negative news about cryptocurency, if this is true for sure many government will make plan to aprove cryptocurency in there country, because now a days many people now are adopting bitcoin as a investment and payment system.

CrKedd4

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japan is a developed country where all the most bitcoin users come from japan country so do not be surprised if bitcoin is made as buying and selling goods there, and if bitcoin will be applied in all country in this world very difficult because country have rules governing.

aardvark15

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Quote from: gold1112 on April 15, 2018, 04:52:22 AM

Citizens of Japan are going all-in on Cryptocurrency. Japan, a country known for its progressive financial vision, has reported an unprecedented 3.5 million active Cryptocurrency participants on the island. More than 80% of traders are between the ages of 24-40. Japan made bitcoin a legal currency!
Will other countries take an example from Japan in near future?

We’ll need some countries to be out in front in terms of acceptance and less regulations for cryptocurrencies. Counties like Japan and Germany with its favorable tax laws seem to be on the cutting edge.

These countries will be the models for a potential future where cryptocurrencies will be more mainstream in terms of usage and adoption.

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