Why Bitcoin is Big in Japan

[webdevmastery]

-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

Cryptocurrency is completely legal in japan because they are using bitcoins to improve their own economy, if only other countries will think at the same way then everyone will become wealthy in the future since the value of every cryptocurrency is growing as the time goes by.

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[sinkelo]

Wish every country follow the footstep of japan

[naily]

I think Japan's is pro bitcoin approach could be the reason why bitcoin is big in Japan people in Japan are more interested in the bitcoin because rules and regulations are not so rigid should be very flexible there and also official, that's why it is big in Japan.

yes that is some of the reason bitcoin is fast developing in japan country, and that is another reason bitcoin become popular because japan is a country that support digital technology and bitcoin is also a computer-based digital banking system, that is why there is no government policy that can arrange circulation bitcoin money

[yanifitri20]

Japan is a country that plays a role in the development of bitcoin so naturally Japan is said to be that way, as more and more people in Japan are familiar with bitcoin so its growth is so fast there.

[hydeevanz]

-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

Bitcoin is big in Japan because they already accepted it. Japan is known for being powerful and influential countries and bitcoin is where it was created. They easily adapt technologies, especially when it comes in making the transactions easier. Another thing is that their government has their full support when it comes in crypto currencies.

[shainasaz]

Since the crypto world was born and introduces by a Japanese guy Satoshi Nakamoto created bitcoin as the first blockchain database. this technology shakes the entire world as the cryptocurrency. This was the reason the Japanese government adopted,regulated the laws and legalize bitcoin in the said country,  so no doubt peoples loved bitcoin became the big in Japan.

[benteng]

We all have known together that bitcoin was introduced in japan.because it is accepted by people and legalized by the government there that bitcoin grows  rapidly in that country.this is the main reason why bitcoin is big in japan, where people there and government support each other about bitcoin.

[Sevarchik]

Japan allways research and accept new technologies. Many high technological founded by Japanese Sony company such as digital cd disk.
And now time to digital currency

[TeraBitHoven]

Japan already accepted bitcoin, as we all know japan known for being technologically advance. Satoshi Nakamoto is a japanese who utilize blockchain technology and created bitcoin. Their government legalize and support bitcoin. I think if they are going to adopt bitcoin, it will make them independent to other countries in terms of investments, it is free from taxes and laws of other government because it is decentralized.

[Bayoe_noe]

the biggest reason maybe that japan receive bitcoins for real-world payments, for trade, and they can buy something using bitcoin. and probably because of the established regulations of Japan...japan is also one of the developed countries, and they know that technology will grow rapidly...

[JoseJoseJose]

Maybe because satoshi nakamoto, the creator of bitcoin was originally from japan. And miss bitcoin was also so popular all over the world was also from japan. Japan was a country that open for all possibilities. And maybe the large number of bitcoiners was from japan.

[Portgas ace]

Maybe that’s because Bitcoin in created from Japan, and Alasan biggest why japan received bitcoin to the payment in the real world, to trade, and they can buy something using bitcoin, and the Japanese also has received bitcoin as a tool payment illegitimate, as we know japan is known as technological progress. Satoshi Nakamoto japan is the people who use technology blockchain and create bitcoin as a means of payment.

[davenjulio]

Japan fully embraced Bitcoin and made it a currency and accepted in any payments..It's not unsual that Japan is leading the way for Asian countries as they are known for embracing new tech. They are always one step ahead in terms of technology and people in Japan are open minded and government itself is very supportive to their citizens..

[karman383]

In answering why bitcoin is big in japan, someone has to know that it was introduced in 2009.After introducing this as digital currency, people there accepted and supported.Besides that the government of japan also has accepted and legalized officially. This condition makes bitcoin grow rapidly because people and government of japan support each other about bitcoin.

[mc.craigsvictor]

Japan is a country of excellent technology so they're  seeing bitcoin as a great opportunity which they can earn more. Japan is strong in economic growth and known for being technologically advanced, so it's no surprise that bitcoin in Japan is big.

[Doni Ariyanto]

Japan is famous as a very advanced country, certainly in terms of their technology is also very advanced.
Bitcoin is one result of how advanced the development of technology today.
And the other thing I know is probably because its founder came from japan, Satoshi Nakamoto.

[Troysen]

Because they are smart and innovative. All the best and newest technologies are coming from there and Japan already figured out some real potential of Blockchain. That’s why they understand how worth it is.

[UAE Seasider]

Japan and innovative technology certainly go hand in hand, but I think the Japanese acceptance of Bitcoin is also a direct result of the Band of Japan hard monetary policies with negative interest rates and endless Quantitative Easing. Why pay to store you money in the bank when you can actually increase value over time with Bitcoins?

[ellabanana]

Technology adoption of Japan is advance compare to other industrial countries. That's why, it can be expected that more Japanese had joined this community. Hopefully, the other countries will also support this cause as Japan continues to be grow stronger while embracing this cryptocurrency era.

[Janademir4]

why bitcoin can be big in japan? because the bitcoiner in Japan knows how to make technology that mined bitcoin automatically, technology in japan is very advanced as well as with bitcoin mining technology.