Topic: Why Bitcoin is Big in Japan - page 17. (Read 2303 times)
I think Bitcoin is strong in Japan because that's where it's made. In addition, their government almost agreed and considered it to be legal money. Therefore, it is used in many places in Japan, and becomes extremely powerful
Most of technological products are created in Japan.They love technology and they are an advanced country.So, it is not surprising to me that seeing Japan accept Bitcoin and support it.
the trading volume of bitcoin in Japan jumped after the enactment of the country's law that recognizes bitcoin as a legitimate payment instrument.
not only that, the bitcoin market in japan is among the most centralized. about 99% of BTC / JPY trade volume only occurred in three exchanges.
about 80% of BTC / JPY trades took place in the bitflyer and bitflyerfx exchanges, coincheck followed as the second largest Japanese stock exchange (15%) and zaif as the third exchanges (4%)
not only that, the bitcoin market in japan is among the most centralized. about 99% of BTC / JPY trade volume only occurred in three exchanges.
about 80% of BTC / JPY trades took place in the bitflyer and bitflyerfx exchanges, coincheck followed as the second largest Japanese stock exchange (15%) and zaif as the third exchanges (4%)
its big there because its big everywhere
Bitcoin is big not only in Japan but all over the world.The reason is that bitcoin is reliable.
Japan is the birthplace of bitcoin. It is the cradle for bitcoin to grow and spread to the world. I think japan is a great place for bitcoin enthusiasts.
We cannot say that it is the birthplace of bitcoin just because its creator or developer is a Japanese. But Japan is advanced compared to any other country in the world. It has no problem adopting to technologies and at the same time keeping their culture and tradition intact.
Japan is popular when it comes to technology, so there is no doubt they get involve in cryptocurrency. They see the potential of bitcoin that in can give huge amount of profit for any investors. One of them is "Miss Bitcoin" Mai Fugimoto who invested all her money in cryptocurrency, that's how she believes in bitcoins potential.
Japan is the birthplace of bitcoin. It is the cradle for bitcoin to grow and spread to the world. I think japan is a great place for bitcoin enthusiasts.
-Miss Bitcoin
Mai Fujimoto, aka Miss Bitcoin on her social media platforms, figure-heads an attitude that seems to be crowing in the Land of the Rising Sun.
-Why the hype in Japan?
The attitude in places like China and even Korea is one of the people battling against the regulators. There is huge interest in these two nations from the citizens, but regulators have put their foot down.
-A good alternative
Bitcoin also comes at a great time for the investment-savvy Japanese as ultra-low interest rates from the deflation-battling central bank that has left investors scratching their heads for places to find returns on their cash.
Source: https://cointelegraph.com/news/bitcoin-its-big-in-japan
The government acknowledges the legitimacy of bitcoin. It also supports the development of bitcoin in Japan and encourages the use of bitcoin by people and businesses, which helps the development of bitcoin. Mai Fujimoto, aka Miss Bitcoin on her social media platforms, figure-heads an attitude that seems to be crowing in the Land of the Rising Sun.
-Why the hype in Japan?
The attitude in places like China and even Korea is one of the people battling against the regulators. There is huge interest in these two nations from the citizens, but regulators have put their foot down.
-A good alternative
Bitcoin also comes at a great time for the investment-savvy Japanese as ultra-low interest rates from the deflation-battling central bank that has left investors scratching their heads for places to find returns on their cash.
Source: https://cointelegraph.com/news/bitcoin-its-big-in-japan
It became big in Japan is because of the involvement of big companies accepting bitcoin as payment and even salary of their employees. The approval from its government making it secure, plus the media exposure which brought people to the market. A lot of Japanese are trading high levels of money on the market.
In my experience, Japanese culture has always been one of the more accepting cultures in terms of technological adoption and changes in public perception. I think it is the liberal spirit of the country that allows cryptocurrency to thrive without interruption by the government, as the country seems to be genuinely striving towards improving its societal architecture, even if that means power shifting technologies must be embraced.
i dont know, maybe because bitcoin is founded by satoshi nakamoto ?
but i think bitcoin not only big in japan, in other countries too.
but i think bitcoin not only big in japan, in other countries too.
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japan is open mind with something new especially with the new technology and they are learning to know more about the technology. we know that japan is not a big country but they can respect with something that is not from their country and they can learn for this so they can grow with the new technology. from this, japan is accepting bitcoin which is a new technology and they allow people to use bitcoin and even I think they allow bitcoin to be used in real life too.
The Japanese government supports bitcoin the progress of the country is very influential to make the bitcoin getting bigger in japan with supported technology that develop very fast there, in comparison with other countries most people there already know bitcoin.
Bitcoin in Japan is big because the law supports it. In Japan, the value of Bitcoin is Very rise . Because it is main currency of Japan. 
Reaction in the crypto community has been mixed. While official government recognition and its attendant regulations is good for building trust, there is concern that creeping legislation may stifle startups. Mostly though, token evangelists see Japan’s uniquely proactive approach to cryptocurrency regulations as a positive step towards global legitimacy. The full extent of the ramifications of this approach remain to be seen.
-Miss Bitcoin
Mai Fujimoto, aka Miss Bitcoin on her social media platforms, figure-heads an attitude that seems to be crowing in the Land of the Rising Sun.
-Why the hype in Japan?
The attitude in places like China and even Korea is one of the people battling against the regulators. There is huge interest in these two nations from the citizens, but regulators have put their foot down.
-A good alternative
Bitcoin also comes at a great time for the investment-savvy Japanese as ultra-low interest rates from the deflation-battling central bank that has left investors scratching their heads for places to find returns on their cash.
Source: https://cointelegraph.com/news/bitcoin-its-big-in-japan
I think this is because of the government's strong support for bitcoin. In Japan, bitcoin is legal and people can freely trade bitcoin, and the Japanese government encourages people to participate in bitcoin. Many people use bitcoin to pay their employees' salaries. The Japanese government believes that bitcoin will bring development to the country's economy. Mai Fujimoto, aka Miss Bitcoin on her social media platforms, figure-heads an attitude that seems to be crowing in the Land of the Rising Sun.
-Why the hype in Japan?
The attitude in places like China and even Korea is one of the people battling against the regulators. There is huge interest in these two nations from the citizens, but regulators have put their foot down.
-A good alternative
Bitcoin also comes at a great time for the investment-savvy Japanese as ultra-low interest rates from the deflation-battling central bank that has left investors scratching their heads for places to find returns on their cash.
Source: https://cointelegraph.com/news/bitcoin-its-big-in-japan
Bitcoin in japan is big because the law supports it.. Many investors are investing because of their high technology..
Bitcoin is finding a safe heaven in Japan because of the technological advantage bitcoin has in Japan, we all know the love and advancement in technology in Japan, and bitcoin thrive on the wing of highly advance technology. So Japan hold the chunk of bitcoin mining farms we have in the world today and that made Japan very important to bitcoin network.
why bitcoin can be big in japan? because the bitcoiner in Japan knows how to make technology that mined bitcoin automatically, technology in japan is very advanced as well as with bitcoin mining technology.
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