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Topic: "Japan Considers Launching J-Coin, Eliminating Cash Before Tokyo 2020 Games" - page 3. (Read 828 times)

member
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This is the reference link https://cointelegraph.com/news/japan-considers-launching-j-coin-eliminating-cash-before-tokyo-2020-games

The article states that it "may" be based on blockchain technology, while the comment on the maturity of blockchain technology came from BOJ rather than part of the article. Otherwise its a cool indicator that the scope of blockchain technology is increasing and getting wider acceptance. Very positive beginnings.
full member
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Now we have a discussion here. Japan is always known to have a very good economy and we all know that once it give a try into cryptocurrencies we can assure that it will go boom.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
I've always seen Japan as a country that would make the first move considering this. Is this the huge step for motivating other countries to follow Japans footsteps? Tho they're not considering blockchain technology to go with it because it isn't "'mature' enough to handle transactions",  
can this have a bigger impact on the bitcoin as well? Also, I see that it would go 1/1 ratio with yen and a coin, so would that mean that the price will be fixed?
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