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Author Topic: Japan leader bitcoin?  (Read 1342 times)
Enzo 666 (OP)
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October 07, 2017, 05:25:41 PM
 #1

after china and Korea Ban bitcoin exchange

Are you think Japan now bitcoin world leader ?
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October 07, 2017, 05:40:35 PM
 #2

Japan officially recognized bitcoin as a method of payment, creator of Bitcoin is said to be possibly Japanese, and Japanese telecommunications company GMO announced its plans to invest $ 300 million in the first half of 2018 for Bitcoin mining,  I can see why Japan would be one of the leading countries in crypto.

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October 07, 2017, 05:51:40 PM
 #3

after china and Korea Ban bitcoin exchange

Are you think Japan now bitcoin world leader ?

What do you mean by bitcoin world leader, in terms of what? because as far as I know China is the nation that have the most cryptocurrencies in their possession thinking the fact that they almost control the 70% of mining power in the whole world so logically they have the no.1 leader board when it comes to crypto holdings. Japan maybe the number one country when it comes to accepting Bitcoin as a legal tender as their government fully accept it nationwide.



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October 07, 2017, 05:56:58 PM
 #4

after china and Korea Ban bitcoin exchange

Are you think Japan now bitcoin world leader ?

It is true that Japan has already given out license to CoinCheck as the first regulated and licensed cryto currency exchange. But the volume is still less from Japan. The crypto population of China is superior in number as well as in volume. So I doubt Japan is a world leader in volume. However, it has taken the first step to legalize something for crypto currency, so they are definitely a leader in the progressive decisions. But recently I have seen a news that China is now all set to give out license to some crypto currency exchanges which will be regulated under strict AML laws.

Enzo 666 (OP)
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October 07, 2017, 06:01:03 PM
 #5

after china and Korea Ban bitcoin exchange

Are you think Japan now bitcoin world leader ?

What do you mean by bitcoin world leader, in terms of what? because as far as I know China is the nation that have the most cryptocurrencies in their possession thinking the fact that they almost control the 70% of mining power in the whole world so logically they have the no.1 leader board when it comes to crypto holdings. Japan maybe the number one country when it comes to accepting Bitcoin as a legal tender as their government fully accept it nationwide.

"Leader" mean can made real effect of bitcoin and have kind of control of it’s price like what happen when china ban exchange
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October 07, 2017, 06:06:11 PM
 #6

They certainly are the new leader of any advancement in utilizing bitcoin since they've been pretty positive about anything related to bitcoin so far. Companies issuing bitcoin bonds, regulations for safely trading cryptocurrencies and overall positive reception of bitcoin, Japan is a lovely example of a country seeing the good things about bitcoin.
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October 07, 2017, 06:33:00 PM
 #7

I think so, Japan is an advanced country in terms of infrastructure and technology. This can make it easier for Japan to become a bitcoin leader and Japan can easily apply bitcoin in all aspects of life.

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October 07, 2017, 08:17:55 PM
 #8

As far as I know, there is no leader in the bitcoin world. It is decentralized, there are no leader to control the bitcoin. How can I think or determine that Japan is the leader, what will be the basis to become the leader. To become a leader that leader must command and control an organization.
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October 07, 2017, 08:21:06 PM
 #9

As far as I know, there is no leader in the bitcoin world. It is decentralized, there are no leader to control the bitcoin. How can I think or determine that Japan is the leader, what will be the basis to become the leader. To become a leader that leader must command and control an organization.
Maybe hes pertaining on the ranking on countries which do accept or legalize bitcoin. We do know that Japan is the first country as far as i know who do legalize bitcoin and adopt it to be part of their payment system which we cant see on any country.They did really do such thing knowing that satoshi is a japanese maybe this is one of the factors why they do legalize it but well this is just my own opinion.

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October 07, 2017, 08:32:40 PM
 #10

after china and Korea Ban bitcoin exchange

Are you think Japan now bitcoin world leader ?
Hello all! This is an amazing news! Asians thanks to all of you because you have great business oriented  mind and its seems very well. Japan are best country but only after China and Russia (I still have some hopes about Russian federation) Hope they don't loose this opportunity to be best in the world! Russia have great chances to be leader in the cryptoworld! On the other hand It's no matter who is origin and leader  of bitcoins most important our future.
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October 07, 2017, 08:37:55 PM
 #11

after china and Korea Ban bitcoin exchange

Are you think Japan now bitcoin world leader ?

Korea hasn't banned bitcoin exchanges, only China has. Japan definitely is leading the world, with bitcoin-friendly regulations.
They have finally wiped off the Mt Gox stain from their memories.

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October 07, 2017, 08:45:22 PM
 #12

Japan is a country of mysteries. This may be the only country in the world which will be different non-standard approach to cryptocurrency. The Japanese are always the initiators of all the new and unusual in the world. I am sure that Japan is our main hope. All other countries will pretend that the search for mechanisms to use cryptocurrency.
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October 07, 2017, 08:48:32 PM
 #13

Japan officially recognized bitcoin as a method of payment, creator of Bitcoin is said to be possibly Japanese, and Japanese telecommunications company GMO announced its plans to invest $ 300 million in the first half of 2018 for Bitcoin mining,  I can see why Japan would be one of the leading countries in crypto.

Now that's an interesting bit of information, Japan along with
Australia seem to be realising the potential of crypto.

Does this also mean that Japan will replace China for the
mining of Bitcoin?

R


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October 07, 2017, 08:49:20 PM
 #14

In Japan, Bitcoin is a legal medium of exchange. So, it was inevitable anyway.

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October 07, 2017, 08:54:58 PM
 #15

Yes I agree that the positive look out which Japan has towards bitcoin is a clear sign of Japan taking lead in further growth and development of bitcoin although it's still open source and bitcoin has its own devs and it's decentralized but as far as taking a lead in mining is considered Japan seems to be going to be ahead of any other country at the moment.

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October 07, 2017, 09:06:00 PM
 #16

Japan officially recognized bitcoin as a method of payment, creator of Bitcoin is said to be possibly Japanese, and Japanese telecommunications company GMO announced its plans to invest $ 300 million in the first half of 2018 for Bitcoin mining,  I can see why Japan would be one of the leading countries in crypto.

Now that's an interesting bit of information, Japan along with
Australia seem to be realising the potential of crypto.

Does this also mean that Japan will replace China for the
mining of Bitcoin?

There is 1.2 bln Chinise  how many Japanise,Japan is bulish for bitcoin mining,but not only Japan.Russia is going to set up mining farm,thay will have hash from nuclear plant,bitcoin mining with that btc price is simply huge business.And it is very good news China monopol doesnt exist anymore

 
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October 12, 2017, 07:10:25 AM
 #17

The Japanese are smart people, brother. They were thinking very compact in every period, they still continue to think that way. We should not be surprised that they have come to the forefront of countries trying to bring legal grounds to this world. It is already unexpected for Japanese to act like the Chinese government, because Japanese are a foresighted nation. I expect more real and beautiful developments in the future. Basically in the next three years, Japan will become a legally-serving center of cryptographic money in the world.

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October 12, 2017, 07:15:24 AM
 #18

The Japanese are smart people, brother. They were thinking very compact in every period, they still continue to think that way. We should not be surprised that they have come to the forefront of countries trying to bring legal grounds to this world. It is already unexpected for Japanese to act like the Chinese government, because Japanese are a foresighted nation. I expect more real and beautiful developments in the future. Basically in the next three years, Japan will become a legally-serving center of cryptographic money in the world.
without being legal investor still there many country people doing investment in bitcoin and blockchain based projects. After Japan now India accepted bitcoin legal money so it is a chain reaction sure more countries will adopt it soon. Chinese and Korean mostly forward to stop the ICO scam only not a complete bitcoin. Japan they started implement many things in bitcoin like ATM, exchanges, mining and etc..

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October 12, 2017, 07:15:34 AM
 #19

In terms of trading volumes, they are far ahead of every other country. That is why you have media reports coming out about Japan's leadership. But Japan is also leafing the world in terms of regulation and adoption.
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October 12, 2017, 07:15:57 AM
 #20

after china and Korea Ban bitcoin exchange

Are you think Japan now bitcoin world leader ?

We have a good reason to believe they are now, they are now fully embracing bitcoin and cryptocurrency but I believe  Chinese people in general are still working in Bitcoin because they have miners here and big mining equipment are China-based, they will not give Bitcoin just like that

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