Why Bitcoin is Big in Japan

[Pansamantala]

Apart from butcoin being originated on the country, In my own thoughts we know that Japan has a very high nurturing for technology, so much so that every year they invent a new technology that might be deemed useful in the near future, And Japan being techonologically-advanced, they think thst they must adopt bitcoin as well as the saud cryptocurrency might be useful in the near future.

[Xavierfr12]

because japan is the most high quality of the gadgets like computer. and japan is know to very fast internet country in the world.

[dothebeats]

As most of us here know, Japan currently is the leading country in tech and innovation (and weird TV game shows) so it's not surprising that they'd be open to accept an innovation with how people handles money, and that is bitcoin and crypto. Also, their government is very keen on finding ways to help their citizens in any way possible so as you observed, there isn't any strict regulations regarding crypto in Japan. Many of the Japs believe that bitcoin will be the future of payment and money, that's why most of them jumped ship without hesitations before everybody else could.

[nguyenhoven]

because it's recognized as money by local regulators. It's important milestone in crypto industry and great encouragement for Japanese people to use crypto

[Aneuk cabang]

Maybe because the anonymous founder name of bitcoin is japaness name, Satoshi Nakamoto. if not, because of the its high tech technology.

[Matildada]

-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

Bitcoin is legal in Japan, and the Japanese government is very friendly to bitcoin. They have introduced a number of policies conducive to the development of bitcoin, which will be conducive to the development of bitcoin.
Bitcoin is widely accepted in Japan and many stores in Japan accept bitcoin, which can be well circulated in Japan.

[Genamant]

-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

Aside from the fact that Satoshi Nakamoto sounds very much a Japanese name, Japanese people are more open to new innovations, new possibilities and new discoveries. Instead of rejecting something new, they try and understand the underlying usecase of bitcoin and its technology. And one advantage of that is, they are one step ahead with most countries that fear change, their people are widely adopted to bitcoin when other countries are debating whether to ban bitcoin or tax it.

[OMGyasuo]

I think that because Japan is an industrialized nation and the Japanese people prefer  convenience and crypto  can do that. Simple and secure implementation is what most users need, which brings them to crypto, so does Japanese. And with the support of technology lives in Japan, crypto is becoming more powerful in Japan.

[snazir]

Japan is a developing country because of their technology.they sure ones who will accept these kinds of advancements.Japan is technologically advanced so they think that future economic growth will increase further by Bitcoin.Japanese government is very friendly to bitcoin.So there is a big name in Japan about Bitcoin and it will spread more and more.

[dupee419]

Since Japan is very "IN" with technology its not a surprise seeing Japan using bitcoin as currency, its actually a bright idea to use bitcoin as currency, and I can slowly see that bitcoin may be the future of currency. Japan has embraced technology and has used it for the better of their country and economy, they can process things faster, and now that they are using bitcoin its not a doubt Japan will be greater.

[foxbat]

As far as I know, Bitcoin is created by an individual or a Japanese organization. So, lex it is widely applied and extremely developed there. In addition, Japan is a developing country, which owns the world's leading technology. Bitcoins are widely used there, so it is very common.

[Targusluxe]

-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

Satoshi Nakamoto it is a japanese name right so maybe from the very start satoshi is backed up by japanese firm or government. So when the bitcoin start it has already a big market which is japan.

[mamesso]

-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

Satoshi Nakamoto it is a japanese name right so maybe from the very start satoshi is backed up by japanese firm or government. So when the bitcoin start it has already a big market which is japan.

This is not the right reason, Satoshi I think is anonymous and not Japanese.
We never know who he is and may not have anything to do with the State of Japan.
Japan is a developed country, and he really values technology. it was amazing.

[Seeker#9]

Bitcoin trade in Japan is big, it accounts for almost half of the global trade volume. The country is now said to be the new heart of bitcoin since it recognized bitcoin as a legal form of currency. Most of the japanese are open-minded and knew the benefits that bitcoin may give once they accept it one of their aternative currency. Many merchants are now using bitcoin and other cryptocurrencies in their business and one company is even planning to use bitcoin as a form of salary.

[Machine Funk]

Japan is all flashy and at the cutting edge of technology and entertainment so it makes sense that the Japanese are embracing bitcoin. it is the future and it is not so hard to understand that. Why would we use physical money when we trying to save on waste? For example, video games now are mostly downloaded so nothing physical, so why shouldn't money be the same and keep up with the rest of the technology.

[ethan9990]

Mai Fujimoto, aka Miss Bitcoin on her social media platforms, figure-heads an attitude that seems to be crowing in Japan.

[fuer44]

the Japanese government supports bitcoin so that Japanese society no one is worried for investment and bitcoin transactions. when the Chinese government banned the bitcoin, the Chinese community may also switch the bitcoin transaction to japan. that's why many bitcoin users in japan.

[Hudadahuda2018]

Since the introduction of the bitcoin in Japan by a miner I don't remember the name, it becomes popular because of the convenience it brings to the individual. not only that they also know that bitcoin possess anonymous transaction which fundamentally adapted by Nippon.

Yes your opinion about bitcoin.
The bitcoin user's cheek from japan and china but the development of Japanese is increasing every day due to the anonymous transactions that are fundamentally adapted by Nippon so until now Japan still apply it from it very big bitcoin japan.

[tumokatok]

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 i agree with you because japan country is very concerned with technological advancement and bitcoin is one of crypto currency that use technology of financial future, and japan is country that support with bitcoin system

[nyong]

i think, because in japan bitcoin is legal, so many people can use bitcoin freely thus making bitcoin fast growing in japan