Why Bitcoin is Big in Japan

[tiger2monkey]

Japan is one of the pro bitcoin countries. It legalizes bitcoin (including exchange, tax treatment) and many merchants accept bitcoin. Companies in Japan started developing advanced mining chips.

[ganlianshifu1]

BTC is primarily a japanese-american developer! The BTC transaction in Japan is not taxed!

The Japanese government has actively paid for the BTC's hope that the digital money market will bring new opportunities to Japan and restore economic growth.

[ramirocryptobanana]

Japan is a pioneer country in terms of technology and now in bitcoin too from about six months. The government of japan is showing the positive approach towards bitcoin. They have also tried to integrate bitcoin payment systems.  

[Yanisumin]

-Miss Bitcoin
Mai Fujimoto, aka Miss Bitcoin on her social media platforms, figure-heads an attitude that seems to be crowing in the Land of the Rising Sun.

-Why the hype in Japan?
The attitude in places like China and even Korea is one of the people battling against the regulators. There is huge interest in these two nations from the citizens, but regulators have put their foot down.

-A good alternative
Bitcoin also comes at a great time for the investment-savvy Japanese as ultra-low interest rates from the deflation-battling central bank that has left investors scratching their heads for places to find returns on their cash.

Source: https://cointelegraph.com/news/bitcoin-its-big-in-japan

This is new to me, Japan has been one of the leading countries in the adoption of cryptocurrencies but I forget to ask myself why. I thought this was just because the pseudonym Satoshi Nakamoto is a Japanese, and because they are knowledgeable enough to realize its worth they take advantage of that opportunity to make BTC their own pride (because the name itself is a Japanese). A useless Theory of mine.

Number one: Mai Fujimoto sounds to me.
Number two: I'm hoping that our regulators here (in our country) will do the same.
Number three: Only people who are seeing its potential in the coming years will invest in crypto, I've have known many people but only few fully understand the driving force of the blockchain..

[Ris88]

It's possible that there are so many bitcoin enthusiasts that until now we can see bitcoin populations around the world, almost so many people are using it, I think this will be the beginning of good where we can see that japan is king of all advanced technology. .

[Jessica2009]

        China's ban on Bitcoin and Korea trying to bring regulations to Bitcoin became a blessing for Japan and Japan legalization of the digital currency .People began to go to Japan for business and set shops at Japan since Japan is giving a positive approach to Bitcoin.. Japan is the first to adopt Bitcoin and now Japan is trying to pay salaries in Bitcoin also. Now Japan has become the dominant ICO market in Asia and the fastest growing in the world.

[danggoron]

It's possible that there are so many bitcoin enthusiasts that until now we can see bitcoin populations around the world, almost so many people are using it, I think this will be the beginning of good where we can see that japan is king of all advanced technology. .

Supported by technological advances that touch almost all activities. Technological developments there are very rapid. Society is open to new things and able to adapt to it. With the issue that the founder of bitcoin originating from there might also be quite affecting.

[LegGekkouga]

-Miss Bitcoin
Mai Fujimoto, aka Miss Bitcoin on her social media platforms, figure-heads an attitude that seems to be crowing in the Land of the Rising Sun.

-Why the hype in Japan?
The attitude in places like China and even Korea is one of the people battling against the regulators. There is huge interest in these two nations from the citizens, but regulators have put their foot down.

-A good alternative
Bitcoin also comes at a great time for the investment-savvy Japanese as ultra-low interest rates from the deflation-battling central bank that has left investors scratching their heads for places to find returns on their cash.

Source: https://cointelegraph.com/news/bitcoin-its-big-in-japan

Japan is a technology based country its not a surprise that an "online money" as we call cryptocurrency is big to them. And I think they will be developing it too.

[adifariz]

estimated in the coming months of 2018. But I hope the year 2018 will be the greatest year for all bitcoin users around the world. I hope the bitcoin value will increase and will be detected. More money to invest so the money will double. 2018 this will be good for kriptocurrency. Easy easy this will come true.

[adifariz]

estimated in the coming months of 2018. But I hope the year 2018 will be the greatest year for all bitcoin users around the world. I hope the bitcoin value will increase and will be detected. More money to invest so the money will double. 2018 this will be good for kriptocurrency. Easy easy this will come true.

[hibiscus]

 Bitcoin is legal in Japan since Bitcoin exchanges and ICO's  is banned by china and Korea bringing regulations to Bitcoin Japan has a positive approach towards Bitcoin and they are even partially trying to give salary for the people in Bitcoin currency and Now Japan has become the first Asian country that are friendly to Bitcoin.

[Lovykitty]

it's because bitcoin trading volume in Japan jumped after the enactment of the country's bitcoin legislation as a legitimate payment instrument.
Not only that, according to news.bitcoin.com, the Japanese bitcoin market is among the most centralized. Approximately 99% of BTC / JPY trade volume occurs only on three exchanges.
About 80% of JPY / BTC trades take place in the Bitflyer and Bitflyerfx exchanges. Coincheck followed the second largest bourse (15%), and Zaif as the third bourse (4%).

[setialovers]

Japan is known for being technologically advanced, so it's no surprise that the country as a whole embraces new technology. They know that technology must be nurtured, not feared.

People don't say it enough, but Japan's government also plays a huge role, being supportive of crypto in general. There are regulations, yes, but they're not overbearing, and they don't spout FUD like "stricter regulations will come". I'm sure it's easier to get into Bitcoin as a newbie if you don't have fears that the government will make life hell for you in the future.

Japan is very adapting about technology and goverment let ICOs  while in a few county banned. Goverment support on crypto market and trade can erase fears from early investor

[hibiscus]

Bitcoin is totally promoted  by Japan and through their trading platforms and exchanges .Nearly 56% transaction are being carried out through Japanis exchanges world wide.The government is totally supporting their people to invest in bitcoin and trade the bitcoin through their exchanges.So the people of Japan is quiet safe and protected by their government to invest in bitcoin and utilize it to their day to day life. China and Korea's different attitude towards bitcoin has been timely utilized by Japan

[joshua05]

Japan is really known in having really hard working people who really prioritize money and their works, thats really the main reason why 3 out of 10 of their population is now investing, cant you see the possibilities about the people who has really, made their efforts in having and working with bitcoin.

[MARGA RYANSONEO]

Because bitcoin first known in Japan so that its development so fast and widely accepted by many people

[BORNEO82]

Why big bitcoin in japan because bitcoin first grown and known japan and growing rapidly so much accepted by many people

[carlisle1]

Because japan is mature country and not to mention being technological too,thats why they can relate and willing to open their door towards futuristic living,and this is what bitcoins offering the accessibility and comfort of the people is what they want,the interests of the countrymen are the first concern before anything else.

[Wong Gendheng]

Japan is one of the pro bitcoin countries. It legalizes bitcoin (including exchange, tax treatment) and many merchants accept bitcoin. Companies in Japan started developing advanced mining chips.

Yes, of course japan has been doing a long study so that they legalize bitcoin, and this is certainly a strong indication for bitcoin users to hold hold because if the Japanese citizens reach 15% then the price will be more stable and not too volatile.

[malika]

Bitcoin is big in Japan is because the main reason that their Government supports and accept the use of Digital currency in their country as a matter if fact that many of their establishments accepts bitcoin as payment. It is also obvious that their government will allow that because Japan is a very high tech and open country when it comes to technology.