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Title: Japan is officially a Bitcoin friendly country Post by: pawel7777 on October 24, 2014, 08:21:16 AM Some good news from Japan:
https://www.cryptocoinsnews.com/japan-wants-bitcoin-friendly-country/ (https://www.cryptocoinsnews.com/japan-wants-bitcoin-friendly-country/) Quote What Japan deems fit in Bitcoin’s case is to allow it to be regulated from within, without direct government influence or oversight. Japan seems to have recognized Bitcoin’s unlimited financial and technological potential, and has confidently asked Bitcoin community members to form a self-regulatory authority. It will be called the Japan Authority of Digital Assets (JADA). JADA is supported by Liberal Democratic Party of Japan (LDP)’s IT committee. There is no proposed Japanese government regulation of JADA. Membership includes the Kraken Exchange. reuters: http://www.reuters.com/article/2014/06/19/uk-japan-bitcoin-idUSKBN0EU0JA20140619 (http://www.reuters.com/article/2014/06/19/uk-japan-bitcoin-idUSKBN0EU0JA20140619) Title: Re: Japan is officially a Bitcoin friendly country Post by: wangjin098 on October 24, 2014, 08:45:35 AM but the MT.GOX incident has affected his reputation.
Title: Re: Japan is officially a Bitcoin friendly country Post by: Skoupi on October 24, 2014, 09:03:05 AM So that Liberal Democratic Party is the government in Japan? Can they actually pass a law/regulation?
Title: Re: Japan is officially a Bitcoin friendly country Post by: pawel7777 on October 24, 2014, 09:16:23 AM So that Liberal Democratic Party is the government in Japan? Can they actually pass a law/regulation? It's a leading/ruling party. If they have majority in the parliament (of voting power) then yes. Title: Re: Japan is officially a Bitcoin friendly country Post by: Q7 on October 24, 2014, 09:37:11 AM The only part that i would like to hear is the self regulating authority made up of community members.
Title: Re: Japan is officially a Bitcoin friendly country Post by: Unbelive on October 24, 2014, 09:55:49 AM but the MT.GOX incident has affected his reputation. Agree, unless MtGox CEO will make harakiri, Japanese will never let it go. Title: Re: Japan is officially a Bitcoin friendly country Post by: cbeast on October 24, 2014, 10:08:19 AM but the MT.GOX incident has affected his reputation. Agree, unless MtGox CEO will make harakiri, Japanese will never let it go. Title: Re: Japan is officially a Bitcoin friendly country Post by: Honeypot on October 24, 2014, 11:04:43 AM Irrelevant. Japs have been irrelevant for a long time.
Title: Re: Japan is officially a Bitcoin friendly country Post by: cbeast on October 24, 2014, 11:06:13 AM Irrelevant. Japs have been irrelevant for a long time. That's a very irreverent remark. ;DTitle: Re: Japan is officially a Bitcoin friendly country Post by: Skoupi on October 24, 2014, 11:18:33 AM If Japan starts attracting bitcoin vc because of this friendliness that would be the best antidote for the unfriendly regulation some counties/states are considering right now. And it would be even better if countries like Korea follow.
Title: Re: Japan is officially a Bitcoin friendly country Post by: Honeypot on October 24, 2014, 11:40:13 AM Irrelevant. Japs have been irrelevant for a long time. That's a very irreverent remark. ;DAin't you a cheeky fuck :D Title: Re: Japan is officially a Bitcoin friendly country Post by: cashmoney on October 24, 2014, 12:37:16 PM Japan may innovate Bitcoin and take it even more heights!
Title: Re: Japan is officially a Bitcoin friendly country Post by: susan234 on October 24, 2014, 02:19:43 PM but the MT.GOX incident has affected his reputation. Agree, unless MtGox CEO will make harakiri, Japanese will never let it go. but most people hope the Japanese do more for the development of bitcoin,so we should give them applause when they do Title: Re: Japan is officially a Bitcoin friendly country Post by: zimmah on October 24, 2014, 02:34:34 PM Irrelevant. Japs have been irrelevant for a long time. With Japan you never know. They have enough money to spend there, and I wouldn't count them out. Title: Re: Japan is officially a Bitcoin friendly country Post by: rampage101 on October 24, 2014, 02:46:10 PM It is surprising that Japan is not more Bitcoin friendly already.
Why is all the volume and interest coming from China? I would have expected Korea to be more ahead as well. Title: Re: Japan is officially a Bitcoin friendly country Post by: cbeast on October 24, 2014, 02:51:16 PM It is surprising that Japan is not more Bitcoin friendly already. Most likely it's false pride. They are probably in shock that they didn't discover Bitcoin before China.Why is all the volume and interest coming from China? I would have expected Korea to be more ahead as well. Title: Re: Japan is officially a Bitcoin friendly country Post by: bitsmichel on October 24, 2014, 02:54:09 PM It is surprising that Japan is not more Bitcoin friendly already. Korea and Japan have a very large internet culture, I would have expected they are more ahead as well. This board does have a Korean and Japanese forum. The Korean board has 599 posts and the Japanese board only 91 posts. Chinese board has 242671 posts. Is there any reason why it is more popular in China?Why is all the volume and interest coming from China? I would have expected Korea to be more ahead as well. Title: Re: Japan is officially a Bitcoin friendly country Post by: Jamie_Boulder on October 24, 2014, 02:55:01 PM Anyone tied with the Mt Gox thing is blacklisted from anything I'll associate with.
Shame we can't say the same for China. Title: Re: Japan is officially a Bitcoin friendly country Post by: Nerazzura on October 24, 2014, 03:08:25 PM but the MT.GOX incident has affected his reputation. Previously, the Court of the United States (US) bankruptcy protection on Mt. Gox, the first and largest Bitcoin exchange. Mt. Gox has been relieving themselves in Japan in February, since admitted losing 750,000 Bitcoin induced hackers. Under chapter 15, the US courts will recognize foreign bankruptcy proceedings and assist the process by protecting the US-based assetsTitle: Re: Japan is officially a Bitcoin friendly country Post by: Skoupi on October 24, 2014, 03:18:53 PM The Korean board has 599 posts and the Japanese board only 91 posts. Chinese board has 242671 posts. Is there any reason why it is more popular in China? Interesting observation. I think we should ask our fellow japanese and korean bitcoiners. Maybe bitcoin isn't trendy over there yet :P Title: Re: Japan is officially a Bitcoin friendly country Post by: Honeypot on October 24, 2014, 03:23:15 PM japan or south korea may not matter - but mt.gox does.
china matters - because they are harming bitcoin more then doing good. Everyone should already know the primary driver behind last rise was not chinese demand, but bot and exchange reserve manipulation and insider trading. chinese news was more hype then substance no matter their supposed volume that is heavily manipulated. Bitcoin and crypto does not need these nations - it will be they who will follow and accept bitcoin, not the other way around. Title: Re: Japan is officially a Bitcoin friendly country Post by: yraskk on October 24, 2014, 05:28:40 PM what kind of good news ! Because i was travelled in japan 3 months ago and no one knows nothing about bitcoin (counting fact that satoshi nakamoto probably is japanese :D)
Title: Re: Japan is officially a Bitcoin friendly country Post by: Daniel91 on October 24, 2014, 06:11:14 PM japan or south korea may not matter - but mt.gox does. china matters - because they are harming bitcoin more then doing good. Everyone should already know the primary driver behind last rise was not chinese demand, but bot and exchange reserve manipulation and insider trading. chinese news was more hype then substance no matter their supposed volume that is heavily manipulated. Bitcoin and crypto does not need these nations - it will be they who will follow and accept bitcoin, not the other way around. I think that Japan and S. Korea are very important in global economy. So, if Japan is officially a Bitcoin friendly country, this is very good news for bitcoin community. Hopefully, China will follow Japan soon and accept bitcoin to :) Title: Re: Japan is officially a Bitcoin friendly country Post by: Unbelive on October 24, 2014, 06:17:56 PM japan or south korea may not matter - but mt.gox does. china matters - because they are harming bitcoin more then doing good. Everyone should already know the primary driver behind last rise was not chinese demand, but bot and exchange reserve manipulation and insider trading. chinese news was more hype then substance no matter their supposed volume that is heavily manipulated. Bitcoin and crypto does not need these nations - it will be they who will follow and accept bitcoin, not the other way around. I think that Japan and S. Korea are very important in global economy. So, if Japan is officially a Bitcoin friendly country, this is very good news for bitcoin community. Hopefully, China will follow Japan soon and accept bitcoin to :) China will nowhere follow Japan. That are their biggest enemies. Well most of the world is also since China was backstabbed at end of WW1. China have great memory. They never forget! Title: Re: Japan is officially a Bitcoin friendly country Post by: Nerazzura on October 24, 2014, 06:26:41 PM Japan may not be a problem and forbidden to bitcoin, because we know that it comes from the country's founders. and we should cherish it. that if it is true inventor comes from there. I do not know, I still can not be sure about that
Title: Re: Japan is officially a Bitcoin friendly country Post by: azguard on October 27, 2014, 06:44:35 AM Good to see good news for Japan btc community.
japan or south korea may not matter - but mt.gox does. china matters - because they are harming bitcoin more then doing good. Everyone should already know the primary driver behind last rise was not chinese demand, but bot and exchange reserve manipulation and insider trading. chinese news was more hype then substance no matter their supposed volume that is heavily manipulated. Bitcoin and crypto does not need these nations - it will be they who will follow and accept bitcoin, not the other way around. I think that Japan and S. Korea are very important in global economy. So, if Japan is officially a Bitcoin friendly country, this is very good news for bitcoin community. Hopefully, China will follow Japan soon and accept bitcoin to :) But this is something else. And this will not be good in other words. When politics and some other thing are involved then its never good. Hope not to see this happening. Title: Re: Japan is officially a Bitcoin friendly country Post by: BIT-Sharon on October 27, 2014, 08:55:13 AM It was the failure of Mt. Gox that finally spurred prime minister Shinzo Abe’s government to issue its first major proclamation about bitcoin on March 7, and it’s fair to say that Japan’s stance is still a work in progress.
Title: Re: Japan is officially a Bitcoin friendly country Post by: Dabs on October 27, 2014, 09:00:50 AM Their underground will take it. You know, the ones with giant full body tattoos.
Title: Re: Japan is officially a Bitcoin friendly country Post by: Ionchamp on October 27, 2014, 11:08:40 AM Their underground will take it. You know, the ones with giant full body tattoos. You mean the Yakuza? Title: Re: Japan is officially a Bitcoin friendly country Post by: pawel7777 on October 27, 2014, 02:25:29 PM The Korean board has 599 posts and the Japanese board only 91 posts. Chinese board has 242671 posts. Is there any reason why it is more popular in China? Interesting observation. I think we should ask our fellow japanese and korean bitcoiners. Maybe bitcoin isn't trendy over there yet :P The post count doesn't necessarily reflect popularity. There's no separate UK board, but there's plenty of Brits on btctalk, may be similar case for Japanese, if they're English is decent, they'd probably be active in the main forum. Or maybe they have other, more popular BTC forum in Japan. Title: Re: Japan is officially a Bitcoin friendly country Post by: Dabs on October 27, 2014, 02:37:22 PM Their underground will take it. You know, the ones with giant full body tattoos. You mean the Yakuza? Yes. Them. They will accept bitcoins as donations and help their country in times of natural calamities. During normal times, they'll accept bitcoin as payments for whatever it is they usually do to accept the Yen. I'm pretty sure they've got geeks on their payroll already. Those guys will accept bitcoin as part of, or in replacement of their salaries. Title: Re: Japan is officially a Bitcoin friendly country Post by: practicaldreamer on October 27, 2014, 06:45:48 PM There's no separate UK board, but there's plenty of Brits on btctalk, Seperate UK board ? ??? I should bloody well hope not - Satoshi was a Brit FFS ::) ;D Title: Re: Japan is officially a Bitcoin friendly country Post by: gogxmagog on October 27, 2014, 10:04:46 PM This is GREAT news for BTC. not so great for western nations though. yet again the japanese are going to dominate the west. I have no problem with that. most of my appliances and my car is japanese made. to the victor go the spoils!
Title: Re: Japan is officially a Bitcoin friendly country Post by: TheLoser on October 27, 2014, 10:12:46 PM Yeah, if you go to Tokyo. Its like Vegas but 10 times worser. Bitcoins are like toys there.
Title: Re: Japan is officially a Bitcoin friendly country Post by: Snorek on October 27, 2014, 10:30:41 PM This is GREAT news for BTC. not so great for western nations though. yet again the japanese are going to dominate the west. I have no problem with that. most of my appliances and my car is japanese made. to the victor go the spoils! I would not say Japan is leading in BTC technology and market and probably never would. Japanese people are pretty old school believe me or not. The only place they are on par with west civilisation are maybe Tokyo and couple big cities. Rest of Japan is not that developed. And they probably never heard about bitcoin at all.Title: Re: Japan is officially a Bitcoin friendly country Post by: Honeypot on October 27, 2014, 10:54:25 PM This is GREAT news for BTC. not so great for western nations though. yet again the japanese are going to dominate the west. I have no problem with that. most of my appliances and my car is japanese made. to the victor go the spoils! That explains why they got mt.goxxed, and why their women are world's whores now :D Title: Re: Japan is officially a Bitcoin friendly country Post by: azguard on October 28, 2014, 07:19:47 AM This is GREAT news for BTC. not so great for western nations though. yet again the japanese are going to dominate the west. I have no problem with that. most of my appliances and my car is japanese made. to the victor go the spoils! I would not say Japan is leading in BTC technology and market and probably never would. Japanese people are pretty old school believe me or not. The only place they are on par with west civilisation are maybe Tokyo and couple big cities. Rest of Japan is not that developed. And they probably never heard about bitcoin at all.Yes they are traditional. Been in Tokyo almost 10 year ago and they are traditional even in big cities. But i agree, only in big cities will people now about not just bitcoin but others cryptos |