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Author Topic: Japan plans to become the Bitcoin capital of the world.  (Read 2731 times)
severaldetails
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February 08, 2018, 03:55:07 PM
 #81

I do not like the idea of having a bitcoin capital. Bitcoin was created to be decantralized. And having a capital would be the exact opposite of that. I like the idea of bitcoin being  accepted everywhere in Japan. But we have seen what it brings when too many miners or exchanges are concentrated in a country when China had the leading position.
It's not even that I think the government in Japan would act like China did. But when bitcoin is concentrated in one place, then fake or FUD news about that place can have a heavy impact.
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February 08, 2018, 03:58:23 PM
 #82

We have a bundle of good new appearing today.
This one is about Japan future leadership in Crypto world.
JAPAN plans to become the Bitcoin capital of the world

I wouldn't be surprised, they have been one of the most cryptocurrency friendly country plus I believed bitcoin creator if not japanese is fond of japan or maybe lives there since he choose a japanese name as a code name and ever since japan has been known for its acceptance to bitcoins and even made some adaptation to some of their salaries being partly bitcoin.

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February 08, 2018, 04:01:39 PM
 #83

Japan already is. It's good to see Japan's authorities being very open minded when it comes to allowing Bitcoin to grow and extend its reach. However, the negative aspect is that we're seeing a whole lot of growth being focused in one single country, which is something we have seen happen with China as well, but with Japan it's going even further. As long as they remain open and friendly, nothing of negative nature will happen, but if they at some point think it's enough (hopefully it never happens), it will be affecting and taking down the entire market with it. For that reason I hope that more countries will follow Japan's example, because that will help distributing Bitcoin's adoption in a far better way -- adoption shouldn't be so tightly focused in just one nation.

And also Japan was the country who created Bitcoin and Japan has a big world and one of the most high tech country in these days.  They are the reason why bitcoin born and the reason of all crypto currency.

China made their own business because what they want is what they need to have.  They can also create their own crypto currency if they want.  China has a big number of population and one of the creator of big ICO's that's why it can affect the value of bitcoin on what they do.
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February 08, 2018, 04:26:19 PM
Last edit: February 09, 2018, 06:26:24 AM by ChConcept
 #84

I don't see anything wrong with that. Japan technically is the Bitcoin capital of the world already for they are the first to legalize and accept Bitcoin and all the other crypto currencies there is now. Hopefully more countries follows the lead of Japan in the crypto currency world.

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February 08, 2018, 05:01:57 PM
 #85

It is very good that Japan plans to become the capital of the crypto currency. At one time, such a capital could be China. However, the Japanese people are more open and friendly, they always went ahead of everyone in the field of science and technology. So they deserve this title by right.

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February 08, 2018, 05:05:40 PM
 #86

We have a bundle of good new appearing today.
This one is about Japan future leadership in Crypto world.
JAPAN plans to become the Bitcoin capital of the world

Japan is one of the first countries who legalized criptocurrency. Japan tries to use advantages of blockchain technology and I'm sure it will be one of the leading countries concerning criptocurrency development

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February 08, 2018, 05:10:06 PM
 #87

We have a bundle of good new appearing today.
This one is about Japan future leadership in Crypto world.
JAPAN plans to become the Bitcoin capital of the world

And this is how it begins, one country at a time, crypto currencies will be slowly integrated in our societies and bit by bit we will get rich. Cheesy
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February 08, 2018, 05:12:17 PM
 #88

Japan has backup Bitcoin when many other countries ban Bitcoin trading. Japan has been ready from the beginning to support Bitcoin present as a means of payment as well as assets. I think Japan sees something in Bitcoin from a technological aspect that can be useful in the future, it would need further dev improvement to improve on existing ones so as to change the mindset of some economists that the use of Bitcoin is harmless.
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February 08, 2018, 05:15:31 PM
 #89

Japan is another world. It is positive to see those things, because crypto needs to go out from the shell.
We want to see cryptocurrency mainstream.
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February 08, 2018, 05:18:48 PM
 #90

Japan was always a step before us, the rest of the world, when it comes to technology. If they believe in bitcoin than I am sure we well go far with it

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February 08, 2018, 05:20:46 PM
 #91

Japan has backup Bitcoin when many other countries ban Bitcoin trading. Japan has been ready from the beginning to support Bitcoin present as a means of payment as well as assets. I think Japan sees something in Bitcoin from a technological aspect that can be useful in the future, it would need further dev improvement to improve on existing ones so as to change the mindset of some economists that the use of Bitcoin is harmless.

yes I think Japan is really leading the way in this regard. It will be interesting to see how regulation evolves across the different nations, some are starting to view crypto as a strategic priority and are taking very progressive steps forward

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February 08, 2018, 05:24:33 PM
 #92

I would say Japan already is the capitol. I have a friend going there next week and I gave her some BTC to try spending. When she gets back She is going to report on how many bitcoin signs she sees.

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February 08, 2018, 05:24:59 PM
 #93

We have a bundle of good new appearing today.
This one is about Japan future leadership in Crypto world.
JAPAN plans to become the Bitcoin capital of the world

This is a very good news to all of us BTC hodlers. At least Japan supports BTC fully since they do believe in BTCs technology and Japan is one of the richest and well developed country. So just hodl and have a great day everyone!! Smiley
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February 08, 2018, 05:28:34 PM
 #94

I was always fascinated by the Japanese technology. They are more evolved than Europe for example. I believe they can become the bitcoin capital of the world


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February 08, 2018, 05:37:11 PM
 #95

Japan's one of company is going to pay their employees salary in terms of bitcoin which is a step ahead
looking forward to see japan becoming BITCOIN CAPITAL IN INDIA
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February 08, 2018, 05:41:48 PM
 #96

Japan has always been deservedly considered an advanced country, it was the first to invent incredible technology at a time when in the world of such not even dreamed of. And so I'm not at all surprised that Japan is so serious with bitcoin.

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February 08, 2018, 05:47:30 PM
 #97

Good to hear that there is a country that has a vision of what Blockchain can do in the nearest  future in the business world, and has a plan to adopt it completely. Japan will reap the benefit of her ally in Bitcoin.
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February 08, 2018, 06:11:35 PM
 #98

this is an incredible news, it is very amazing that a country have seen the true benefit of Bitcoin and blockchain technology. archiving this goal will be the best thing that this country will ever live to remember because it will yield them a good result.......
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February 08, 2018, 06:17:21 PM
 #99

Its a very positive for thing tharb japan has come forward to support  Bitcoin for globally acceptance. Japan is financially very strong country and very fame country, Bitcoin will get more support for its establishing.
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February 08, 2018, 06:23:36 PM
 #100

Japan already is. It's good to see Japan's authorities being very open minded when it comes to allowing Bitcoin to grow and extend its reach. However, the negative aspect is that we're seeing a whole lot of growth being focused in one single country, which is something we have seen happen with China as well, but with Japan it's going even further. As long as they remain open and friendly, nothing of negative nature will happen, but if they at some point think it's enough (hopefully it never happens), it will be affecting and taking down the entire market with it. For that reason I hope that more countries will follow Japan's example, because that will help distributing Bitcoin's adoption in a far better way -- adoption shouldn't be so tightly focused in just one nation.
Exactly. It's no coincidence that Japan is growing so fast. It is a country that is very open to new technologies. It is a pity that other countries do not see this. Potential in BTC.
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