Topic: Japan plans to become the Bitcoin capital of the world. - page 15. (Read 2814 times)

That is very great for them and for us because the bitcoins will be much more popularize and the community will be muh more bigger so the value of the bitcoins can rise again to the moon and the price will be very high again and a lot of profits again are gonna be in us. And the japan will be much more tourist attraction with that thing especially know that the bitcoins are getting much more popular the bitcoins enthusiasts might get into their country to experience how convenient bitcoins are if implemented in a country

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%.

The Tokyo Government is hoping the capitalise on the growth in interest for cryptocurrencies as their opportunity to improve the Japanese economy.

Japan plans as a bitcoin capital it's a good thing but it's not good only japan it becomes one bitcoin because bitcoin should further expand the area to introduce its currency, by increasing the high security authority so that the whole world can trust the currency. because it will help distribute Bitcoin adoption in a much better way - adoption should not be so focused in just one country.

Japan is a country with an open mind, fearless, and always keep up with developments. Why do not other countries follow Japan's steps? They always take valuable opportunities for their country to progress.

Japan is the country where mostly scientific minded people live.They think of of the things happening around them with Logic and not superstition Unlike My country India in which most people believe in Superstions and they banned Buying bitcoin.  

thats a very odd behavior as there shouldnt be a bitcoincapital,

we then can also call bitcoin just japanese yen.

It's really a very very good news. When many countries are turning opposite to bitcoin, Japan is giving a shelter to bitcoin or all the Crypto currency. Japan is also a developed economical country in Asia. After Chaina the next country will be either India or japan. As Japan had taken it positively so the other developing countries will also accept it in future.

I think Japan is already the world's bitcoin capital. The Japanese government is particularly friendly to bitcoin, and they are encouraging people in Japan to participate in bitcoin. In Japan, most people know about bitcoin. If every country wants Japan, then bitcoin has become the legal currency of the world.

Japan Introduced New Requirements for Conducting an ICO
In order to conduct an ICO in Japan, companies need to obtain registration, as well as provide accurate plans for their work and spending.
After the start of token sales, start-ups will have to report on the distribution of funds raised, as well as interest payments on profits.

in spite of assaults from programmers and sick wishers, the administration of Japan has picked its course in connection to the digital money and inside and out fortifies its situation concerning it to end up the main capital of the cryptographic money. on the off chance that Japan turns into the administering body of the cryptographic money, no doubt whatever remains of the nations will take a case from it and will begin generally apply the digital currency in their economies.

very interesting statements of all the guys! Japan wants a lot, but for the title of the capital of the crypto market it is necessary to compete! now it is already on her heels and singapore and Korea and America is starting to catch up! not to mention other countries that have completely opened their doors to the crypto market!

Japan are smart to grab the bull by the horns and take the lead, those that get there first will lay the foundation and make it that much easier for others to follow.

This is a good news for bitcoin community. It would be a large amount of money if it will going to happen. Then it won't be long on taking another step in btc development.

I think it is a good move for Japan, and to that the government of one of the most technologically-advanced countries in the whole world is supporting one of humanity's greatest inventions, it would mean great news not only for the cryptocurrency community but also for the cryptocurrency industry as well. This would be a big step toward bitcoin's global acceptance I concur.

Update from the Central Bank of Japan.
Japan's Central Bank Wants You to Be Wary of Cryptocurrencies

To be honest here, it will be so easy for them to reach that title as the world's bitcoin capital because first, they already made bitcoin as a legal currency in their country and there is a lot of stores that are accepting bitcoin as a mode of payment and that is enough for us to expect that more and more country will follow like what the japan did to bitcoin.

fair if Japan became the bitcoin capital of the world, because bitcoin made from a Japanese man named Satoshi Nakamoto. And bitcoin is also the first coin in cryptocurrency. So It is worthy of japan to be the capital of bitcoin.

The Japanese economy has suffered since the start of the 1990s, dealt with a massive national debt and with the problems of a shrinking population and tax base.

The Tokyo Government is hoping the capitalise on the growth in interest for cryptocurrencies as their opportunity to improve the Japanese economy.

Ken Kawai, partner at law firm Anderson Mori & Tomotsune and adviser to finance-tech start-ups, added: “Regulators in Japan are usually conservative and not first movers.

“The Government wants to facilitate fintech through cryptocurrency and blockchain technology.”

Cryptocurrencies are particularly popular among young Japanese investors lured by the prospect of strong profits in an economy that has seen ultra-low interest rates for many years and low returns from traditional assets.

The hope from Japan is that the crack downs on the use of online money from other countries around the world will attract more investors to Tokyo.

Japan already industrialised, they don't need to cope up a big work just accompanied with other countries in bitcoin. Japan's technology is almost advance, they are one of the countries in the world that developed in terms of technology. Japan is a progressive country, it can show what will they do to lead the game in crypto world.