after china and Korea Ban bitcoin exchange
Are you think Japan now bitcoin world leader ?
What do you mean by bitcoin world leader, in terms of what? because as far as I know China is the nation that have the most cryptocurrencies in their possession thinking the fact that they almost control the 70% of mining power in the whole world so logically they have the no.1 leader board when it comes to crypto holdings. Japan maybe the number one country when it comes to accepting Bitcoin as a legal tender as their government fully accept it nationwide.
where did you get that statistics?do you have some proof to stand that position?70% mining power in tha world?and they have the most possession of currencies?well i think its exaggerated..before putting such speculation u should have put first the proof regarding matters
when we say 'china,' i would think that the statement refers to the chinese government, as the chinese citizens are not a collective acting as one. i could think it plausible that 70% of the hashing power originates from china, but i think its fair to say that it's impossible to think that one entity controls all of that mining hardware. however, given how decentralized bitcoin is, i also think that figure is incredibly exaggerated, there are quite a few bitcoin fanatics all around the world, some without a doubt with mining farms of their own, not to mention all the small home miners scattered around the world.
At present Japan leads the world of bitcoin with its regulated usage and the government giving similar importance to bitcoin same as the traditional currency. If the same growth continues, soon Japan will serve as the central hub for the cryptocurrency market. Even months back government to promote bitcoin card usage came up with different plans, though the credit card and debit card users in the country were much low.
they certainly are setting themselves up to be the world's center figure in bitcoin as it is. im actually looking forward to how the japanese government will push for bitcoin related developments in the coming years.