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November 14, 2013, 12:01:06 PM
Last edit: November 14, 2013, 12:23:09 PM by Zangelbert Bingledack |
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Here's some translation/summary of the segment:
"Have you heard of it? Bitcoin"
"Electronic money with rapidly growing adoption in China"
HEADLINE: 新世代の電子マネー Next-Generation Electronic Money
"Bitcoin is next-generation electronic money," the announcer says. "It is experiencing explosive growth around the world."
Later they go on to talk about how it has limited quantity but no one controls it.
The end gets rather dark when they talk about it being anonymous, being used for illegal stuff, and how "hackers can steal your money" (they never got past the idea that "Bitcoin is online money" so "it can be hacked from you" - no talk of offline storage or cold wallets) and no one is accountable or can prove they got hacked. Japan has many electronic money schemes in places for games, etc., so this is the perspective from which they'll probably view it at first. They mentioned drugs several times, but nothing about SR. The focus was on it being a Chinese thing, and how the Chinese like gambling.
At the end the woman said, "I'm going to keep an eye on it. It's scary..."
We'll see if the tenor changes at all, but this is somewhat negative so far. The point should be made that it isn't anonymous (by itself). Once they get coverage of the more legit aspects, like venture capital and investors, the financial press will probably take a closer look at it.
Let's hope (or not, depending on how much you hate MtGox) that this doesn't trigger too much regulator/banker attention on MtGox.
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