Japan to accept Bitcoin as payment method. - page 15.

RhodaGila

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Quote from: Dimelord on March 30, 2017, 02:16:27 AM

the first japan bill containing virtual currencies is expected to come on april which recognizes bitcoin as a method of payment.Although,it doesnot define bitcoin as a legal currency,it is still considered as a remarkable progress for bitcoin in japan.Hope, most of tourists who would go to japan to see 2020 olympics would be able to pay in bitcoins.

Is this a serious or just nonsense?
Actually this is good information, but why I do not believe the news. It would be nice if the included link or press releases or others who can prove and corroborate this story as a whole so that the information submitted is valid and enlightening.

Daniel91

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Quote from: paul gatt on March 30, 2017, 08:07:18 AM

That's a great news, but I doubt its credibility, give us a way to verify it. I do not want to believe and those that are not real. If Japan accepts bitcoin as a payment method, this means bitcoin is getting more acceptance, and it will grow even further. It is the premise for bitcoin to stand firm in the market, and it never gets overtaken by other altcoins. Japan is a very modern country, bitcoin is acceptable, meaning bitcoin is a good investment, so we should support bitcoin.

Yes, it will be great to see some official surce, in order to verify this info.
I know that in many countries merchants accepts payments in bitcoin but on the end of day, they have to exchange bitcoin to local currency.
They can't pay salary in bitcoin or give bitcoin to the banks, for example.
So, it's possible, I guess, to use bitcoin as payment method, but it's still gray zone somehow without clear regulation from the government.

Ayers

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it's great that despite all the fork and the bad news, there are country that have still fate in bitcoin, also strange that they don't make bitcoin legal when they are accepting it as a payment, sound weird to me, but i was seeing this coming because japan is now in the first place with the volume on exchange, they really love to be the first one in new technology

jc89

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This is a great news! Japan's full acceptance of bitcoin may contribute to the growth of bitcoin especially in Asia. This could be the start of acknowledging bitcoin as a currency and mode of payment in Asia. Since Japan is known to be one of the advanced countries worldwide with respect to technology, this news may be a milestone for bitcoin. I hope that this news is legit

ABCbits

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Quote from: Kprawn on March 30, 2017, 09:17:03 AM

Quote from: bamboylee on March 30, 2017, 08:17:11 AM

This is really good news for the bitcoin community. This is a big step to bitcoin acceptance. I hope other countries will do the same.

Quote from: paul gatt on March 30, 2017, 08:07:18 AM

That's a great news, but I doubt its credibility, give us a way to verify it.

You can read it here, it is up to you if you will believe this or not. Just hope this is not an April Fool's day joke.

https://news.bitcoin.com/japan-bitcoin-method-payment-april-1/

Not all info coming from this site is legit, so I would take this with a pinch of salt. If this is real, and I have my doubts... then this is good news

for us, but I see this is also linked to some strict requirements. Bitcoin needs no legitimacy from any governments, but when this happens it is

a bonus. If this comes with silly KYC requirements.... then they can stick it up their ass. Angry

I agree that website sometimes give wrong info or didn't do research whether the news is legit or not, but this news also appeared in other website (1,2) even though both of them aren't reputable.
Even so, bitcoiner would be happy because they can have more option to spend their bitcoin in future Roll Eyes

QuestionAuthority

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That's great news. I'm glad the Japanese are getting into bitcoin. The Chinese pump is about to run its course and we'll need a new group of ~~suckers~~ investors soon. The Japanese are very technologically advanced people that are good at maths and coding. Maybe some Japanese devs can start working on bitcoin and correct the mistakes the western devs have made.

Sidas_Crew669

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I also hope that the BILL in Japan acknowledge bitcoin as payment method. Note because Japan is one of the countries that have the number of transactions that are influential in the world, so if Japan recognizes the bitcoin then there will be some countries who are interested in studying it and will most likely follow in the footsteps of Japan. Because basically the advantages granted in the bitcoin is much more than on existing life

maydna

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Quote from: Dimelord on March 30, 2017, 02:16:27 AM

the first japan bill containing virtual currencies is expected to come on april which recognizes bitcoin as a method of payment.Although,it doesnot define bitcoin as a legal currency,it is still considered as a remarkable progress for bitcoin in japan.Hope, most of tourists who would go to japan to see 2020 olympics would be able to pay in bitcoins.

this is a good news for bitcoiner in here and if we are planning to go to japan, we can use our bitcoin to buying something in japan and we don't have to carrying much of money in our pocket or physical wallet. i hope in that time japan release this, the government will use the bitcoin atm machine so we can trying to use our wallet to buy or sell or withdraw our bitcoin in the same time. i think it will be good for us to test it in reality so we can have this experience and we can telling with our friends how its feel.

deadresident

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It's a possibility to consider as over 4000 merchants in japan currently accept bitcoins. This could lead to two things if this bill pass either the node is even slower at confirming transaction (block size) or Japan would implement some kind of infrastructure for nodes etc. Could be a loss or a win. (If this isn't fake news)

FA wings

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Seems to be at a very early age, many parts of Japan can use BTC to pay
I don't think Japan bill will pass Huh

rytyr

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Well this makes them a motivating force now.
With them having the most valuable bitcoin exchange in the world even on top of China's exchanges.
With bitflyer this was bound to happen to mark their territorial right in cryptocurrency as a global leader.

Kprawn

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Quote from: bamboylee on March 30, 2017, 08:17:11 AM

This is really good news for the bitcoin community. This is a big step to bitcoin acceptance. I hope other countries will do the same.

Quote from: paul gatt on March 30, 2017, 08:07:18 AM

That's a great news, but I doubt its credibility, give us a way to verify it.

You can read it here, it is up to you if you will believe this or not. Just hope this is not an April Fool's day joke.

https://news.bitcoin.com/japan-bitcoin-method-payment-april-1/

Not all info coming from this site is legit, so I would take this with a pinch of salt. If this is real, and I have my doubts... then this is good news

for us, but I see this is also linked to some strict requirements. Bitcoin needs no legitimacy from any governments, but when this happens it is

a bonus. If this comes with silly KYC requirements.... then they can stick it up their ass. Angry

Sanekavg13

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Quote from: terrate on March 30, 2017, 09:11:41 AM

that's great . if more acceptation bitcoin in japan i think i will go live there. xd

Yes, it's very well. I think this is a big step for bitcoin. Thanks to this, Bitcoin's popularity will increase significantly. And the price will also be higher

bitbunnny

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Good news and expected too I would say. For,a country like Japan this seems prety normal to me, they are progressive with very developed usage of technologies and open minded. And the more the Bitcoin is fuly accepted all around the world, the better for all of us Bitcoin users.

terrate

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that's great . if more acceptation bitcoin in japan i think i will go live there. xd

FasTroy

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Amazing news about Japan. This is really great if japan will start using bitcoin. I am really a fan for anime culture and mangas there. Since a long time ago, I wanted to visit this country to descover many cultures there. And now when bitcoin will be acceptebale like a method of payment. I want to buy some animes staff there by using my bitcoin. It seems amazing.

Astvile

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No new thing about japan accepting bitcoins as their one of the payments in their country.Japan is the most techy and advance country in our country all people are almost onto internet and technology so no new that japan will fully adopt bitcoins

Chikito

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Is that true ? , A special if used as a tool bitcoin transactions without the need to swap the yen, but I still doubt your opinion. OP probably can provide a reference link associated with the thread, such as the national news in Japan that says that bitcoin will be used by tourists to Japan.

bamboylee

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This is really good news for the bitcoin community. This is a big step to bitcoin acceptance. I hope other countries will do the same.

Quote from: paul gatt on March 30, 2017, 08:07:18 AM

That's a great news, but I doubt its credibility, give us a way to verify it.

You can read it here, it is up to you if you will believe this or not. Just hope this is not an April Fool's day joke.

https://news.bitcoin.com/japan-bitcoin-method-payment-april-1/

paul gatt

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That's a great news, but I doubt its credibility, give us a way to verify it. I do not want to believe and those that are not real. If Japan accepts bitcoin as a payment method, this means bitcoin is getting more acceptance, and it will grow even further. It is the premise for bitcoin to stand firm in the market, and it never gets overtaken by other altcoins. Japan is a very modern country, bitcoin is acceptable, meaning bitcoin is a good investment, so we should support bitcoin.

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