Bitcoin Forum

Japan is very promising and has high hope for bitcoin. Experts says that bitcoin could explode in Japan and will make Japan and may compete with China as the leading Bitcoin giant in Asia. Being proud of bitcoin 2.0 experiment results Japan will soon starts the full blast in token economy. This is good news to all bitcoin users. With this event coming at hand expect increase of bitcoins monetary value.

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I have not heard that before: that Japan may join the ranks of big BTC holders.  IIUC, the largest HODLER of BTC is still the USA (although China is producing over 60% of new BTC in recent years).

groll, do you have any references or links that we could read?  If Japan gets into BTC in a serious way, that would be huge news.

Check out this site, its a very interesting topic about Japan and Bitcoins.
https://news.bitcoin.com/japan-dominate-bitcoin-landscape/

After reading that article it is very clear that Japan is ready to take on the challenge to be on the top of bitcoin industries leading countries. As of now possibly they will be next to China in Asia. But who knows in the near future they may have the lead in the industry.

they have been getting ready to get in crypto world officially for a while. i read somewhere that Japanese officials are working on announcing bitcoin as a real currency, i don't know if they did that already or not but Asia in general is getting ahead of the rest of the world in bitcoin adoption.

I think for them it is just another token system, and we know they like their token systems as a alternative option for gambling and vending machines. The main difference is, the Bitcoin currency token can be use internationally and that is what makes it more attractive than their local token systems.

So yes, they are already worlds ahead of the rest of the world, with the use of token systems on a daily basis. ^hmmm^

Perhaps the fintech & BTCBTCBTC environment there is maturing up again. From what I've remember over the last few years the btc economy there plunged down along with Gox. Seems to me BitFlyer is leading the charge nowadays. The future is bright in there.

Japanese lawmakers have passed legislation requiring virtual currency exchanges to be regulated by the Japanese financial services authority. The country played host to one of the most prominent bitcoin exchanges, Mt. Gox, which collapsed in 2014 due to lax security and/or fraud—its users are still trying to claw back the millions they lost. According to the Japan Times, exchange operators are keen on the new rules because they would improve consumers’ trust in the industry.

I think this year china will take over as the largests holders of bitcoins, Im surprised they arent already with the amount of large chinese farms they have supplying probably hundred of coins a day. Japan i wouldnt expect to make too much of an impact compared to china but any growth is good growth.

really it is good news , if japan and china starts on bitcoin  no doubt bitcoin demand will be more , More and more country should support bitcoin ,i hoping bitcoin will be next big currency for world.

Japanese investors are already affect the price of Bitcoin.
 As far as I know, the recent rise in prices, which, in addition to the traditional pressure from Chinese investors, analysts, this time associated with depreciating against the yuan and the Japanese yen the dollar.

Great news. a growing number of countries that recognize the greater bitcoin bitcoin. with the inclusion of japan it would make bitcoin force in some countries is getting stronger.

Not only japan,and china but the Philippines have same intentions. for now, they want to consider to make a regulate for bitcoin in their country.
I really appreciate everything has relationships with bitcoin's future. this will become good news from everybody who is a bitcoin user.

I agree with you many investor in the Philippines adopted bitcoin it's not like other big country but it still positive think that many country believe in the future of bitcoin . We will see soon the impact of many country adopting bitcoin.

Where you got this data from? Im wondering how they measured that China is #1 about Bitcoin and Japan is #2... anyway if you right that would be intresting thing,and if its true im not amazed,that Asia is first haha

According to Groll its in the news see below


This is indeed a very good news to us bitcoin users, If Japan would pursue I think other countries will also follow and Bitcoin will change the way banks see and do transactions, Other banks will also get involved and BTC will go more stronger

These moves will help bitcoin to reach more and more users in terms of usage and methods of business and other forms. Also growth percentage felt on each country possibly tempt the next countries to grow against them. Already china had planned to create its own digital currency.

China is already a biggest investor of bitcoins and now japan to follow. We soon see more and more nations to invest in the bitcoins. The earlier anyone invest in bitcoins the better it is for them in the long run.

I think if japan and also some other giant nations increase their interest in bitcoin that it is very good for bitcoin economy not only sense of getting new pumps but also to make bitcoin more decentralized and not making it dominated by one single giant country which is currently china.

You are right but I think the first was Japan, as bitcoin was invented by a Japanese in Japan,

While the increase was more high in China and hope that it start in Japan and other countries also.

As long as the mining's there, China will still be the large swinging dick. The Japanese are probably a bit too conformist to get into Bitcoin in a big way but it doesn't take a lot of them.

Roger Ver said the average reaction to an explanation around the world when he went into the lack of state control was intrigue, in Japan it was fear.

Japan is currently looking for ways to bring their struggling economy ahead. One of those ways could be using blockchain technologies and digital currencies. But, this would not really be in the interest of the government and the national central bank because they have done inflationary money politics since almost three decades and I doubt they want to give control away.

This is good news for the Bitcoin community and when you think about it, it makes a lot of sense.

Japan has had financial difficulties for decades and their monetary policy has made things worse.  I think it was a few months back they instigated "Negative Interest Rates", forcing people (and businesses) to pay to save money.  That made things even worse and the financial markets are drying up.

I think a lot of the interest we're seeing in Bitcoin from Japan comes from a citizenship that's fed up with nonsensical monetary policy.

Just my two Yen worth...

may be it was in the past but now the trend has totally changed. now you can see people in the world of bitcoin from all over the world. and that is the beauty of bitcoin.