Why Bitcoin is Big in Japan

[yoseph]

Bitcoin is big not only in Japan but all over the world.The reason is that bitcoin is reliable.

Up until now, China was the bitcoin capital of the entire world until the Chinese government made the very bad decision of banning the cryptocurrency in their country and thus dropping the value to new lows none of us wanted but it's still rising and therefore shows that China can't stop bitcoin.

[White Christmas]

Most of technological products are created in Japan.They love technology and they are an advanced country.So, it is not surprising to me that seeing Japan accept Bitcoin and support it.

Exactly they are the only country who was very focused pn technology and they are also advanced at the same time. Japanese look and see that bitcoin have a great role to every investor that will come. When it comes to technology japan was one of the popular country. In addition not becauae the creator of bitcoin was from japan taht doesnt mean that it was the reason why it was bug there.

[emberbekas]

Bitcoin in japan is big because the law supports it.. Many investors are investing because of their high technology..

Yes, as I know, bitcoin is legal currency in Japan. Threrefore, it is safe to use bitcoin as currency or as an asset there. If for example my government followed Japan's policy regarding bitcoin, I am sure bitcoin will be big as well, here in my country.

[Bkjones]

hey i am Bkjones !  as my think japan is a techonological country where japan's goverment support techonological things, there are no sudden surprise , in japan Cryto is as normal base.Thanks

[removebeforeflight]

Japan is a world leader not only in technology as we all know but in terms of governance and people savvy. Japan has grown and competitive to the developed nations because of their creative thinking and the ability to make creativity into real, if the nuclear bombs in Hiroshima haven't been putted there I think Japan would be ruling the world. What a tremendous country, I love their hard work and especially adopting digital technology like cryptocurrency is the example for their own marvelous country growth.

[ariscan]

Because in japan the technology is getting more sophisticated. Let alone the first bitcoin maker comes from japan. The growth of bitcoin is very rapid. at an early age children in japan are familiar with technology. many children in japan have created cutting-edge technology. so in japan its modern technology center.

[shamimal93]

Bitcoin is the  biggest in Japan because of their advance technology. The base of technology is very strong in Japan. Other things is Japan is a developed country.

[Washball]

Japan was always ahead of other countries when it comes to technology. Japanese have improved automotive industries, calculators, television and so on. Japan was the first to accept Bitcoin as a currency, where other countries are still struggling and fighting cryptocurrencies. I wouldn't say it's because the person who created bitcoin is named Satoshi N.

[daenarys_stormborn]

I think it's not just japanese who already recognize bitcoin, but some big european countries too, but in terms of technology is indeed japan always be a leading country, and I think japan is very smart country utilize bitcoin, not even ban it like in other countries

[Tumanggor]

Japan is a developed country, and the one that causes the country to go forward is its government that is able to see the future,
Bitcoin will be much needed in the future for transparent transactions, i think this the reason why Bitcoin so big in japan

[Brigalabdis]

Japan is a world leader not only in technology as we all know but in terms of governance and people savvy. Japan has grown and competitive to the developed nations because of their creative thinking and the ability to make creativity into real, if the nuclear bombs in Hiroshima haven't been putted there I think Japan would be ruling the world. What a tremendous country, I love their hard work and especially adopting digital technology like cryptocurrency is the example for their own marvelous country growth.

Japan has an advance technology than others.  Japan has an own way from leaving and also revive faster.  I remember that Japan was attacked by tsunami then they survive just only one week.  I know that they can do more and can create some more because of too experiments that they do and for some advance tools.

They are a creator of this coin. So, the coin must also spread for their country first.

[fattyforhire]

Japan has always been famous for its advanced technology, this country has always been ahead of the world. Sometimes I think that bitcoin was invented there, it is logical.

[Urbinklin]

Other countries should take the example of Japan. Especially when you consider that this is one of the most advanced countries in the world, which is not afraid of anything new and always ahead.

[drukoz2]

Japan has always been famous for its technology, it has owned such developments, which none of the other countries have even heard of, and this trend has still been preserved. Therefore bitcoin there quite quickly became popular.

[MinerOfTheYear]

Recently, Japan legalized the crypto currency as a form of payment, and interest in Bitcoin in the country continues exponential growth. In addition, according to companies in the field of crypto currency, such as Coincheck, this year thousands of merchants will begin to accept virtual currency for payment.

[automail]

I think Japan is the birth country of bitcoin. Aside from the money they can earn on bitcoin, I think they are just supporting it because it was designed and created by their fellow countrymen, Satoshi Nakamoto. Japanese are known to support their very own culture and it is only natural for them to support btc. I was told by my sister who lives in Japan for 30 years that a lot of her Japanese friends doesn't have money as assets. They converted to bitcoin and every time they have extra money, it will go to bitcoin as well.

[Smpdytz1]

I think the main reason is japan is the mother country of bitcoin and man of japanese believe new technology.japan is very forward about about new technology and they always believe it.even this is also a reason for huge technical developments in japan

[TheGodFather]

-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

Well, primarily I think its the reason that in all of the countries in the world, Kapan has been the most innovative and most technological embracing location in the whole world. That’s why I think that they are the forst to jump on the bitcoin wagon and start to look for ways on how to integrate it to the sectors of their country which they may deem very essential to the function of bitcoin currency

[Hudadahuda2018]

bitcoin is big everywhere. it is a decentralized currency that people have chosen to use and invest in all around the world. it is even big in those countries that have issues with bitcoin or even banned it. like Venezuela for instance.
it is the power of bitcoin as a decentralized currency that makes it big.

it is bigger in Japan and more noticeable there because of the regulations that bitcoin has in Japan. because they adopted it as a legal way of payment with 0 taxes and that helped with the mass adoption among lots of merchants over there. so you see it more often.

Good thinking and I'm glad to see bitcoin has a good place especially japanese with china let alone bitcoin is used there even to make transactions using bitcoin also in japan and in china, so i'm sure bitcoin already in legalkan there.

[Miner228]

The Japanese financial regulator (FSA) stated about the need to equate Bitcoin and other crypto-currencies to ordinary fiat money. This step, according to the regulator, will contribute to the protection of consumer rights and stimulates the growth of the virtual economy.