Why Bitcoin is Big in Japan

[mkhjhv]

Bitcoin grow and big in Japan because of the bitcoin started from there and the Japanese public received it very well. In the United States, already in the bitcoin accept well. Bitcoin is just not in the received by developing countries because of the corruption and money laundering practices is very high.

The development of cryptocurrencies will be affected by the local state. When a country does not intervene to let it develop, it will make the development of cryptocurrencies more rapid and if so, in which country will cryptocurrencies go to prosperity and boost the economy of that country .

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[locsta123]

I'm in Japan as of now visiting and I did notice there were a lot of advertisements for Bitcoin use. I think it does have to do with the technological advancements and the fact that much of technology is used here. They want to make things as easy as possible for consumers. Although they are strict in other ways, the idea of making purchasing easier is something they want. I think other countries such as America, don't want to make buying easier and don't favor Bitcoin due to big banks. It is easy to see why they want Bitcoin..their country is run a bit more fairly and equally and they understand that this will be the currency of choice in the future. They are always focusing on the future.

[gareng1468]

japan is a country that is very open on technology, technology development in the country is very possible for the development of cryptocurrency. and citizens in it is very open to the progress of world of technology. so do not be surprised if the Japanese state will dominate the internet based technology industry. I think many countries have to take the example of the Japanese state for their government's support of technology.

[yonjitsu]

Because Japan is one of the leading countries in terms of technology. Majority of their people are into new technology and innovation so there is no reason why they would not embrace and adopt bitcoin in their country.,

[DoublerHunter]

Bitcoin is very big in Japan because they saw the value of bitcoin and the importance of having it as a secondary or even a back up for their currency. Cryptocurrencies are so powerful because they are the next generation of the currency that we have right now and testing and getting used to it will help a lot of people to adjust themselves so when the time comes that the cryptocurrencies are the new type of currency in different parts of the world then it will not become a problem for people to adjust.

[Arwinkim]

Japan is famous on being technologically advanced. They will always follow what's trending in technology to see opportunities. Satoshi Nakamoto, that I don't actually know whether it's pseudo name or real person, hearing of his name sounds so Japanese. japan also known as safest country in the world with almost zero criminal rate, maybe that's why the goverment make it loose in term of regulation

[Jr family]

-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

https://cointelegraph.com/images/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8wOTAzNmU2NTEzYzJhYzVkMzc2ZDRhMGMxMWNiOTA4NC5qcGc=.jpg

Although I come from the country of Indonesia I am very proud and amazed at the country of Japan. Because the country of Japan is worthy of being imitated in all countries. Japan is a country that is never afraid to accept new technology and in the end, it will grow enormously. I really salute this country. And I hope the Government of my country can imitate the Government of Japan.

[dogz12]

-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 technologically advanced thus majority of its population has no problem accessing bitcoin. Adoption and acceptance was not a problem because a lot embraces these new technology.

[CAPT.DEADPOOL]

I know that bitcoin is a lot of support in japan and many people buy bitcoin in japan because it's legit them and I also know that the government has approved the bitcoin in their country and that bitcoin in japan is also one of the many hold bitcoin the japan

[snedyolo]

Well, Japan is a well known country for their advanced technology, meaning it is easy for them to innovate such thing as cryptocurrency, and in this case their top choice is bitcoin, I presume. So, it is easy for us to expect that Japan will really grab the advantages that bitcoin offers since it is easy for them.

[ultraminer11]

I think Japanese are the ones who are very well aware of technology and sence the real deal of the furlture. The day from 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.

[nbjh]

Mobile payments, credit card, debit card, digital currency in many countries are in the forefront of the world, Japan now to pay means such as development of mobile payment is going to go into a long, can block chain technology to lead the world!

The biggest link between Bitcoin and Japan is that its developer is mainly a Japanese-American. Bitcoin can be widely used in Japan and is also mixed with Japan's expectations and concerns about the new digital currency. With the active support of the Japanese government, Japan has become a "paradise" for the development of bitcoin. Japan has also reaped a great deal of benefits with the active promotion of bitcoin.

[leon33013]

Because japan is a country that support digital technology and bitcoin is also a computer-based digital banking system. And the crypto world was born and introduces by a Japanese guy is Satoshi Nakamot..so Bitcoin is Big in Japan.

[Sendah]

Japan is the most popular country that have a advanced in technology and I'm no longer wondering why bitcoin is big in japan because of technology is easy to grab a opportunity from there.

[yokai21]

Bitcoin is great in Japan than in other countries like in the Philippines because more rich people in Japan are so bigger that they invest money so bitcoin more in their country because many investors in them and us too just working here in the forum.

[mi56374100]

Japanese regulations help prevent abuse of bitcoins and other encryption for illegal activities.

It's a technically good country, so they see bitcoin as a great opportunity to make more money.

[omorfi]

In my opinion, Japanese are very digital technology enthusiast peoples. And they also like the japan-relative name "Satoshi Nakamoto" So it should not be surprising that Bitcoin is so big in Japan.

[AlexAtom]

maybe it is because bitcoin was created by japanese ?
bitcoin is believed created by satoshi nakamoto.
thats why bitcoin in japan is big.

[btcprospecter]

Japan has the right approach to bitcoin it helps that their government are on board and there are many retailers that accept bitcoin as payment. This helps bitcoin to flourish as currency instead of the masses just holding for investment purposes.

Miss bitcoin was in bitcoin at the right time and has been successful people like that can be very influencing.

[Emitdama]

Japan's contribution to cryptocurrencies is still great. Although I do not like Japan, it is undeniable that Japan is still superior to other countries in accepting new things.

For the said reason they have a remarkable market of economics throughout the world. Every product of japan is being sold out and bought in every corner of world. That is reason for their success. And their behavior towards bitcoins are amazing. They welcomed bitcoins with core of their hearts and this have been shown from their performance. We must equip ourselves with such motivation.