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Author Topic: Japan to accept Bitcoin as payment method.  (Read 16283 times)
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May 03, 2017, 11:31:09 AM
 #281

I am planning on travelling to Japan by next year and I hope that by that time, bitcoin is a really well known currency and commodity and can be used most everywhere I go there. It would be a perfect vacation where I’d be able to pay my transactions, buying high tech gadgets, riding their trains and eating out while I pay with bitcoin. And hopefully it doesn’t stop there and that the rest of the world follow suit as well.
That is a great plan for next year, i hope i can get a lot of bitcoins and travel to Japan also and pay all my expenses in Japan with bitcoin only and i will not use any kind of fiat in that country, that is one of my dream that is why i keep accumulating bitcoin so if the day comes and bitcoin is being used by everyone, i have the advantage to buy a lot of things.

Which definitely true,someday bitcoin will be known and we will have the advantage since we already learned how to gain and use it,  Mass adaption will soon happen for bitcoin since Japan already opening their gate for it. Some other country may think of this move too soon.

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May 03, 2017, 11:49:42 AM
 #282

I am planning on travelling to Japan by next year and I hope that by that time, bitcoin is a really well known currency and commodity and can be used most everywhere I go there. It would be a perfect vacation where I’d be able to pay my transactions, buying high tech gadgets, riding their trains and eating out while I pay with bitcoin. And hopefully it doesn’t stop there and that the rest of the world follow suit as well.
That is a great plan for next year, i hope i can get a lot of bitcoins and travel to Japan also and pay all my expenses in Japan with bitcoin only and i will not use any kind of fiat in that country, that is one of my dream that is why i keep accumulating bitcoin so if the day comes and bitcoin is being used by everyone, i have the advantage to buy a lot of things.

Just to be like that hope that by the time you come to visit Jpan, they will be prices in btc also. This is really big step for them and hope they will do this with finesse cuz they do everything with finesse.



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May 03, 2017, 11:53:39 AM
 #283

I am planning on travelling to Japan by next year and I hope that by that time, bitcoin is a really well known currency and commodity and can be used most everywhere I go there. It would be a perfect vacation where I’d be able to pay my transactions, buying high tech gadgets, riding their trains and eating out while I pay with bitcoin. And hopefully it doesn’t stop there and that the rest of the world follow suit as well.
That is a great plan for next year, i hope i can get a lot of bitcoins and travel to Japan also and pay all my expenses in Japan with bitcoin only and i will not use any kind of fiat in that country, that is one of my dream that is why i keep accumulating bitcoin so if the day comes and bitcoin is being used by everyone, i have the advantage to buy a lot of things.

Which definitely true,someday bitcoin will be known and we will have the advantage since we already learned how to gain and use it,  Mass adaption will soon happen for bitcoin since Japan already opening their gate for it. Some other country may think of this move too soon.
I don't really sure that the method to gain bitcoin will not change alongside with the increase of demands in the future, I'm sure, when new adopters in the coming future join bitcoin, the price of bitcoin will skyrocketing and therefore the earning which you earn today may get lower to match up with the current price and rate.

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May 03, 2017, 12:37:32 PM
 #284

This is really a big help for bitcoin. It will make bitcoin more popular as it will become a household name and will become very useful. It will push more of bitcoin price to some extent as demand will be higher.

We are expecting that soon Bitcoin can be mainstream in Japan and since it is one of the biggest economies it can propel Bitcoin to new heights never experienced before. Japanese are good in handling money and I hope many would be investing and saving in Bitcoin. Go go go Japan!
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May 03, 2017, 01:10:38 PM
 #285

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.

Bitcoin holders now has a good reason why they should go to Japan,and Japan will have additional tourist and and economic boom,people will prefer to go here to spend their Bitcoin and not only that Japan is our model country on how they effectively used Bitcoin.


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May 03, 2017, 01:14:55 PM
 #286

This is great because people who got bitcoins in their bitcoin wallet in Japan can enjoy their bitcoins now because their country already accepted bitcoin as a payment method. I hope i can go there and spend some of my bitcoins without worrying lacking of cash.

R


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May 03, 2017, 02:50:45 PM
 #287

This is great because people who got bitcoins in their bitcoin wallet in Japan can enjoy their bitcoins now because their country already accepted bitcoin as a payment method. I hope i can go there and spend some of my bitcoins without worrying lacking of cash.

No, it's great because it makes btc attractive to people that still don't hold btc!
That's why it's a good news.
Because it oppens whole Japan as a new market for adoption.
And that's insanely good for btc community.


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May 03, 2017, 02:56:09 PM
 #288

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.

Its is good news if in Japan, they hava already accepted bitcoins as one of the allowed currency to be used in everyday needs and one of allowed to be spent and convert into their own money . Hopefully that someday it will also accept in all countries, therefore we are free to use it, hoping that it will be legalize in all countries.
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May 03, 2017, 03:10:04 PM
 #289

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.

Its is good news if in Japan, they hava already accepted bitcoins as one of the allowed currency to be used in everyday needs and one of allowed to be spent and convert into their own money . Hopefully that someday it will also accept in all countries, therefore we are free to use it, hoping that it will be legalize in all countries.

There is a big opportunity that we can really see it because some renowned countries are already allowing bitcoin to be use and I could see that Russia is already giving a try on bitcoin next year and we could really see another great increase in the bitcoin value, if it's gonna be put to test in some small countries that has a limited resources on internet we will see how they can perform in that countries,
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May 03, 2017, 03:17:03 PM
 #290

Thats really sounds good i gues japan is really having a great progress when it comes in money also no doubt we know that satoshi is a japanese i guess so no doubt it will be a success doing this also we will be also able to do a transaction in japan using our bitcoin 🇯🇵🇯🇵🇯🇵. And thats really a great new just keep it up and bitcoin will be the no. Currency that we will use all across the globe!
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May 03, 2017, 03:29:28 PM
 #291

Thats really sounds good i gues japan is really having a great progress when it comes in money also no doubt we know that satoshi is a japanese i guess so no doubt it will be a success doing this also we will be also able to do a transaction in japan using our bitcoin 🇯🇵🇯🇵🇯🇵. And thats really a great new just keep it up and bitcoin will be the no. Currency that we will use all across the globe!

Bitcoin is really having a great progress in Japan.  Bitcoin users in their country would be happy buying and selling bitcoin because the government removed the consumption tax, meaning, people do not need to pay tax whenever they buy or sell bitcoins.  Aside from that the list of exchanges are booming in japan to since they think Bitcoin is another investment venture that can give them a huge profit. and that is good for Bitcoin economy.
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May 04, 2017, 05:46:08 PM
Last edit: May 04, 2017, 09:22:58 PM by QuestionAuthority
 #292

Eighteen companies are requesting the new license required to operate a crypto-currency exchange in Japan. The licensing regime, introduced by Japan in April, aims to ensure that exchanges operate in full compliance with financial regulatory procedures and fraud .
As a result of the applications, some of which come from existing exchanges such as BitFlyer, ten new players are scheduling to debut in the market and meet an expected increase in demand.
These companies include SBI Holdings' SBI virtual currencies, GMO Internet, Kabu.com Securities and Money Partners Group, according to Nikkei reports.

We gonna be rollin in Asian cash. LOL

Let's get retarded in here.





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May 04, 2017, 07:46:47 PM
 #293

Eighteen companies are requesting the new license required to operate a crypto-currency exchange in Japan. The licensing regime, introduced by Japan in April, aims to ensure that exchanges operate in full compliance with financial regulatory procedures and fraud .
As a result of the applications, some of which come from existing exchanges such as BitFlyer, ten new players are scheduling to debut in the market and meet an expected increase in demand.
These companies include SBI Holdings' SBI virtual currencies, GMO Internet, Kabu.com Securities and Money Partners Group, according to Nikkei reports.
Those companies will have to face really strict regulations, because Japan is known about precision and rules, orders, etc. If the exchanges want to "legalize" themeselves in Japan, it won't be so easy. If they were working in the shady area, they will have to come out to the light, and if they were not forcing the KYC and AML regulations hard enough yet, they will have to implement it and I think Japan regulations and the control is strict enough to force them to act like that. For the bigger ones, it shouldn't be a big problem.
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May 04, 2017, 07:52:21 PM
 #294

I am planning on travelling to Japan by next year and I hope that by that time, bitcoin is a really well known currency and commodity and can be used most everywhere I go there. It would be a perfect vacation where I’d be able to pay my transactions, buying high tech gadgets, riding their trains and eating out while I pay with bitcoin. And hopefully it doesn’t stop there and that the rest of the world follow suit as well.
That is a great plan for next year, i hope i can get a lot of bitcoins and travel to Japan also and pay all my expenses in Japan with bitcoin only and i will not use any kind of fiat in that country, that is one of my dream that is why i keep accumulating bitcoin so if the day comes and bitcoin is being used by everyone, i have the advantage to buy a lot of things.

Which definitely true,someday bitcoin will be known and we will have the advantage since we already learned how to gain and use it,  Mass adaption will soon happen for bitcoin since Japan already opening their gate for it. Some other country may think of this move too soon.
I am sure that the current mass adoption and the price rise of bitcoin is because of the approval of bitcoin in Japan for their state. Now think if every country like Japan will do like Japan then the price of it will increase much higher in value.
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May 04, 2017, 09:26:20 PM
 #295

This is great because people who got bitcoins in their bitcoin wallet in Japan can enjoy their bitcoins now because their country already accepted bitcoin as a payment method. I hope i can go there and spend some of my bitcoins without worrying lacking of cash.

It is not just about that thing of where you can spend your bitcoin but you know what's the most important factor of Japan's acceptance of bitcoin? The adoption itself, Japan is one right now that is making the demand higher and that is leading the price to become higher. If they will going to continue act like that, we are going to see higher prices soon.

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May 04, 2017, 09:43:13 PM
 #296

Good thing if they will accepting bitcoin is can be a good practice for many to use bitcoin as a main digital currency bitcoin is still in a test right now this can be a good start for bitcoin in japan to make a move becoming a successful currency.

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May 04, 2017, 09:47:22 PM
 #297

Good thing for japan to making a move in testing a bitcoin but still need many process to becoming successful in many ways they need to make or produce many bitcoin atm for the bitcoin user's to easily buy a bitcoin and also for the people who wanted to invest or hold a bitcoin also if bitcoin can use to buy things in japan they can also use bitcoin in buying.
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May 04, 2017, 09:54:58 PM
 #298

Well, actually this thread is already kind of old, because im sure that most of the people participating on this forum already know about that Japan has accepted bitcoin as a possible payment method. But im still really happy that something like this happened, after all we can always have many different countries following their steps. Because if the one country did something like that, then some of the others may want to do the same if it will turn out as a good decision.

The last increase of the cryptocurrencies price, was mostly because the Japan market obtaining more and more btc, and altcoins.
They made such a big movements, that it has resulted in such a massive BTC/USD rate increase, which is very nice for every bitcoin user, that currently has some bought.
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May 04, 2017, 10:07:14 PM
 #299

Well, actually this thread is already kind of old, because im sure that most of the people participating on this forum already know about that Japan has accepted bitcoin as a possible payment method. But im still really happy that something like this happened, after all we can always have many different countries following their steps. Because if the one country did something like that, then some of the others may want to do the same if it will turn out as a good decision.

The last increase of the cryptocurrencies price, was mostly because the Japan market obtaining more and more btc, and altcoins.
They made such a big movements, that it has resulted in such a massive BTC/USD rate increase, which is very nice for every bitcoin user, that currently has some bought.
You are right because of the acceptance of bitcoin as payment for the state of japan others will also accept it and as because of the acceptance of Japan the price increased too much if other countries will also accept then the price will increased much more and we will be millionaire with bitcoin.
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May 05, 2017, 12:51:02 AM
 #300

thats so awesome ive been looking forward for somthing like this since i joined the bitcoin shaningans
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