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Author Topic: Japan to accept Bitcoin as payment method.  (Read 16327 times)
Gintama214
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May 05, 2017, 01:29:21 AM
 #301

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.

It is really interesting that japan has not yet accepts Bitcoin as a payment method I thought they already have it advanced thats because they say the founder is from japan but even though Satoshi lived on United stated and Europe. I thought countries like Japan, China, and other Asia countries are ahead of the technology especially in cryptoworld. Well if they don't have it yet I hope they will soon be it is really convenient to pay in online especially as you said 2020 Olympics is coming and japan is also one of the most technology inclined of the world. So I hope bitcoin will be spread through out the japan.  Wink
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May 05, 2017, 01:46:24 AM
 #302

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.

It is really interesting that japan has not yet accepts Bitcoin as a payment method I thought they already have it advanced thats because they say the founder is from japan but even though Satoshi lived on United stated and Europe. I thought countries like Japan, China, and other Asia countries are ahead of the technology especially in cryptoworld. Well if they don't have it yet I hope they will soon be it is really convenient to pay in online especially as you said 2020 Olympics is coming and japan is also one of the most technology inclined of the world. So I hope bitcoin will be spread through out the japan.  Wink
Japan is a big county and it will make the price to skyrocket, I think they have accepted already bitcoin as a payment system
so some people in japan could already be familiar with bitcoin. It will increase the demand and it hypes the price now.

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May 05, 2017, 02:19:59 AM
 #303

I think it's still too early because the transaction problem dibitcoin still not finished yes although I'm happy if this news is true because this is one of the development of cryptocurrency considering japan is a country that advanced rapidly in the field of technology.

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May 05, 2017, 03:52:05 AM
 #304

Japan has started by using bitcoin as a means of payment of things to be imitated by other countries such as Indonesia.

Can Indonesia be?
Anjing Lu
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May 05, 2017, 06:10:38 AM
 #305

Superb, with official recognition of Japan then will make many countries using bitcoin, Japan is the country's second strongest economy after the USA so if Japanese accept bitcoin transactions then make prices skyrocket.
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May 05, 2017, 10:07:29 AM
 #306

Japan has started by using bitcoin as a means of payment of things to be imitated by other countries such as Indonesia.

Can Indonesia be?

I believe any country can imitate or follow the footsteps of Japan including Indonesia if they have the political will because I don't think any country lacks the basic necessities like internet and access to computers but the main implementation of Bitcoin as a payment system in any jurisdiction lies on the political head of state or government and so they must be willing to implement it just like Japan.
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May 05, 2017, 12:28:47 PM
 #307

Japan has started by using bitcoin as a means of payment of things to be imitated by other countries such as Indonesia.

Can Indonesia be?

I believe any country can imitate or follow the footsteps of Japan including Indonesia if they have the political will because I don't think any country lacks the basic necessities like internet and access to computers but the main implementation of Bitcoin as a payment system in any jurisdiction lies on the political head of state or government and so they must be willing to implement it just like Japan.

Correct but think that all want to wait to see how will Japan come to this. They hopping if they come to great success that they will share knowledge but this will be wrong. Also think that big countries will first follow Japan (Russia and some other Europe country), dont think in this picture will be USA at least not in the first steps.

After everything goes well other will follow like you mentioned Indonesia, and maybe Philippines as well, cuz they have big community.





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May 05, 2017, 01:05:11 PM
 #308

I hope this one can happen too in my country, I hope goverment in my country try to accept Bitcoin as payment method, so many citizen will interest and many merchant can use Bitcoin as a payment in their merchant.
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May 05, 2017, 03:11:39 PM
 #309

I hope this one can happen too in my country, I hope goverment in my country try to accept Bitcoin as payment method, so many citizen will interest and many merchant can use Bitcoin as a payment in their merchant.

When Japan proves bitcoin is a success business and does really provide a great impact or help to their people,bitcoin will surely adapt by many countries real soon.

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May 05, 2017, 05:19:22 PM
 #310

love to hear that Bitcoin is being used in japan. I hope that more countries will do more things for BItcoin to be accepted in many places so that other cryptocurrencies can be existed on our planet
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May 05, 2017, 08:12:00 PM
 #311

Is Japan the first country that recognize the crypto currency of bitcoin as payment method? and all because of satoshi nakamoto great idea in makin if bitcoin and as their very own locan citizen?
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May 05, 2017, 08:29:07 PM
 #312

Is Japan the first country that recognize the crypto currency of bitcoin as payment method? and all because of satoshi nakamoto great idea in makin if bitcoin and as their very own locan citizen?

They are first that officially announced it, there are some that test it but Japan is first that accepts all payment in bitcoin.
This is major step or some other country to follow the as an example, maybe Russia or some other European country, Sweden maybe now that they developing some altcoin for them only.

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May 05, 2017, 09:18:41 PM
 #313

I think it's still too early because the transaction problem dibitcoin still not finished yes although I'm happy if this news is true because this is one of the development of cryptocurrency considering japan is a country that advanced rapidly in the field of technology.
in fact such kind of act will make bitcoin more stable, in fact other countries will also at least start thinking about bitcoin. i think there are so many other countries where the users of bitcoin  are too much and hope that their people will convince their government to accept bitcoin as legal currency.
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May 05, 2017, 09:30:23 PM
 #314

Is Japan the first country that recognize the crypto currency of bitcoin as payment method? and all because of satoshi nakamoto great idea in makin if bitcoin and as their very own locan citizen?

They are first that officially announced it, there are some that test it but Japan is first that accepts all payment in bitcoin.
This is major step or some other country to follow the as an example, maybe Russia or some other European country, Sweden maybe now that they developing some altcoin for them only.

So if that being said, I therefore conclude that japan are really patronizing their very own craft. Because above anything else they support the product of their own countrymen. Salute to the government of Japan in doing this big step for the future.
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May 18, 2017, 11:49:54 PM
 #315

Where do we stand on this? Has anyone done a write up and analysis of where this currently is? A video/podcast or something I can watch?

Would be great to know more and what has changed in the last few months.
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May 19, 2017, 12:29:49 AM
 #316

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 good news, because there are already accepted asco as a means of payment, hopefully this is a good start so that other countries can follow Japan to accept bitcoin as a digital currency
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May 19, 2017, 08:18:24 AM
 #317

Yeah this thread is old but is really nice to see at notifications daily that people are having interest in one of the greatest news of the year.

GO GO JAPAN!

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May 19, 2017, 08:47:59 AM
 #318

It's amazing. I hope my country can be like japan in cryptocurrency

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