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Topic: Japan plans to become the Bitcoin capital of the world. - page 14. (Read 2814 times)

hero member
Activity: 868
Merit: 535
And you should know the repercussions of this right? When a country with a strong economy supports a growing trend, it sure will be the benchmark of all other States that are skeptical about such bold move in the first place. I am banking on a hope that Japan's move will make a turnaround in terms of its increasing GDP when Bitcoin is already widely accepted throughout its country. With its success, it will be merely a lip service to encourage all others to utilize ICOs because surely they will JUST follow Japan categorically.

And oh, it does not matter if Bitcoin is only focused in one nation. It all starts small, as they say. Hence, there is no lost in starting to establish only in one nation.
legendary
Activity: 1302
Merit: 1027
The country deserves to be the leader if the cryptoworld because of the support they give to it. I have not opposing this one if they wanted to. I believe Japan has a big contribution for cryptocurrency because i guess most of the whales are from it like the guy who withdraw huge amount of bitcoin lately.
This is the country that gave birth to the Cryptocurrency market and it is great that their government recognizes Bitcoin as a legal means of payment and they have a lot of good policies with Bitcoin. I am currently living in this country and can see everyone knows Bitcoin and see Bitcoin as the easiest payment medium since it is the first country to legalize Bitcoin.
This is a very interesting topic. Japan as one of the richest country in the world and having a good economic condition, it would attract more people to join cryptocurrency and offer more great opportunities. It sounds very good that Japan recognizes bitcoin and I hope it will serve as a benchmark and model of other countries to continue its excellent reputation and dominance around the world, in accepting and adapting it.

What you are all telling is true but still some country who are not accepting the concept of cryptocurrency and just declaring as illegal and banning to be used by their public. The actual reason for all other country trying to ban cryptocurrency is due the politicians who are not be able to earn bribe or other benefits what they are getting now if they implement bitcoin or other crypto currency as legal in their country.
hero member
Activity: 924
Merit: 502
The country deserves to be the leader if the cryptoworld because of the support they give to it. I have not opposing this one if they wanted to. I believe Japan has a big contribution for cryptocurrency because i guess most of the whales are from it like the guy who withdraw huge amount of bitcoin lately.
This is the country that gave birth to the Cryptocurrency market and it is great that their government recognizes Bitcoin as a legal means of payment and they have a lot of good policies with Bitcoin. I am currently living in this country and can see everyone knows Bitcoin and see Bitcoin as the easiest payment medium since it is the first country to legalize Bitcoin.
This is a very interesting topic. Japan as one of the richest country in the world and having a good economic condition, it would attract more people to join cryptocurrency and offer more great opportunities. It sounds very good that Japan recognizes bitcoin and I hope it will serve as a benchmark and model of other countries to continue its excellent reputation and dominance around the world, in accepting and adapting it.
full member
Activity: 263
Merit: 102
Leo Bitman
Japan continues to be an example of the use of intelligence for the survival of its population, now more than survival, are worth the words "Welfare State."
Congratulations to all my Japanese friends!

full member
Activity: 221
Merit: 100
We have a bundle of good new appearing today.
This one is about Japan future leadership in Crypto world.
JAPAN plans to become the Bitcoin capital of the world

i think this will serves as a wake up call for those country to accept bitcoin. I do believe that with the help of japan more countries will also embrace bitcoin. it adds credibility on bitcoin and maybe a lot more bitcoin user will rise up.
jr. member
Activity: 180
Merit: 3
This is really good news. I hope many other countries will see the importance of bitcoin and its benefits. It is not bad. Japan is a great country to develop bitcoin. I hope in the future there will be more countries that accept bitcoin and develop it further
full member
Activity: 432
Merit: 100
The country deserves to be the leader if the cryptoworld because of the support they give to it. I have not opposing this one if they wanted to. I believe Japan has a big contribution for cryptocurrency because i guess most of the whales are from it like the guy who withdraw huge amount of bitcoin lately.
This is the country that gave birth to the Cryptocurrency market and it is great that their government recognizes Bitcoin as a legal means of payment and they have a lot of good policies with Bitcoin. I am currently living in this country and can see everyone knows Bitcoin and see Bitcoin as the easiest payment medium since it is the first country to legalize Bitcoin.
newbie
Activity: 69
Merit: 0
Being one of the most progressive country in this world, it is somewhat already expected that Japan will become the Bitcoin capital of the world (it even might already be!). The government allowing such type of development for their countrie's progression and betterment is truly admiring
newbie
Activity: 49
Merit: 0
this is great news and i feel happy about it. this shows the world recognizes bitcoin and are willing to bring it into the world economy system
sr. member
Activity: 2422
Merit: 357
The country deserves to be the leader if the cryptoworld because of the support they give to it. I have not opposing this one if they wanted to. I believe Japan has a big contribution for cryptocurrency because i guess most of the whales are from it like the guy who withdraw huge amount of bitcoin lately.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
right. Japan is building the capital city of bitcoin. They encourage people to use copper bitcoins. Many corporations invest in bitcoin. Japanese banks accept a bitcoin payment. This is a good signal for all investors. It promotes the bitcoin market development. bitcoin prices will rise. There will be many bitcoin billionaire appearances.
newbie
Activity: 1
Merit: 0
God save Japan !!!  Wink
full member
Activity: 336
Merit: 103
I do not think that there will be a capital for bitcoin, as there are also other countries in the world introducing bitcoin or ICO friendly laws to attract companies. Estonia is another example. It is like with the online gaming industry, as soon as a country can make money with it there will be several countries available serving those businesses.
full member
Activity: 214
Merit: 100
I am confused reading this post, because If the plans of the Japanese government really has manifested itself, then what is the role of Japan for the development of crypto?
sr. member
Activity: 672
Merit: 250
I think this can happen. This is a good sign for everyone. It will promote bitcoin development. Investors will have a center for their peace of mind buying bitcoin. In the future, bitcoin will become the digital currency of the world. Japan will make every effort to make that happen.
copper member
Activity: 588
Merit: 17
Hard to believe, but Japan's cryptocurrency exchanges face shortage of engineers
Smth tells me that in the next few years the Blockchain developers and engineers will have highest demand in IT industry. Wink
sr. member
Activity: 728
Merit: 275
Japan already is. It's good to see Japan's authorities being very open minded when it comes to allowing Bitcoin to grow and extend its reach. However, the negative aspect is that we're seeing a whole lot of growth being focused in one single country, which is something we have seen happen with China as well, but with Japan it's going even further. As long as they remain open and friendly, nothing of negative nature will happen, but if they at some point think it's enough (hopefully it never happens), it will be affecting and taking down the entire market with it. For that reason I hope that more countries will follow Japan's example, because that will help distributing Bitcoin's adoption in a far better way -- adoption shouldn't be so tightly focused in just one nation.
Yes that's one great thing about Japan. They have always been so welcoming about the digital currencies and their open mindedness towards the crypto currencies have always been an example setter for the other countries. But god knows when all other countries will realize the fact that adoption and acceptance of crypto currencies is one of the important facets of economic developments. It was only today that i came across the news that Indian Central Bank Reserve Bank of India has imposed a ban on dealings in crypto assets. So while we have Japan on one hand and then there are countries like India where they aren't ready to accept bitcoin. It's quite sad!! Sad
copper member
Activity: 588
Merit: 17
Despite large hacker attacks, Japan plans to become the world "capital of the bitcoins" and take the leading place on kriptornke. To this end, it continues to attract investment, a number of experts said in an interview with The Daily Express. Unlike its neighbors - China and South Korea - the risks did not force Japan to abandon the plan to become the first country that widely uses crypto currency as a legal tender. "According to some estimates, the crypto-currency business will be taxed, including profits, which will be paid by both individual investors and corporations. And these tax revenues can bring the country about 1 trillion yen ($ 9.2 billion), "said economist of the Tokyo Credit Suisse division Takashi Shiono. The Japanese economy has experienced decades of stagnation, faced with a huge public debt and the problem of reducing the population and the tax base. So now Tokyo hopes to benefit from the crypto-currency market. The plan of Japan is to attract international investors the maximum freedom to use crypto currency (while the rest of the world is trying to limit it). "We are interested in controlling the crypto currency, and not in its prohibition," explains Takashi Shiono. It is estimated that Crypto-currencies can add about 0.3% to Japan's GDP growth. The total growth of the country's GDP this year could be about 20%.

Risky investments into absolutely new challenging technologies - that's probably the key factor that allows Japan to hold its technological leadership.
hero member
Activity: 596
Merit: 500
Japan always bring us good news for Bitcoin. people there have advanced thinking, I look forward to see it be true .
newbie
Activity: 168
Merit: 0
yes as I said most bitcoin stocks are in Japan, about 40% of bitcoin users are in japan because it is very suitable to be the capital of bitcoin because the population of bitcoin is very much.
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