uneng
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July 09, 2022, 06:09:11 AM |
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Shinzo Abe, former Prime Minister of Japan shot dead. Once after this incidents entire stocks in Japan have fallen. Though he is a former Prime Minister, he should've been given even better security. A country like Japan which is a leader to technology and innovation failing in security is really bad. Same time it has the stricter gun control law. The person who shot him have made the gun of his own.
Japan being a crypto friendly country it has got more real-time usage of bitcoin and other cryptocurrencies. Does this incident have any impact over the cryptocurrency market.
I'm shocked for what happened to him. I always thought this is the kind of thing that would never happen in Japan, because japanese people are popular for being polite, honoured, civilized and pacific (at least on our modern days). I would like to understand why someone would want to murder him cowardly behind his back. About stocks falling, it might be the trigger for some investors to protect their funds from this temporary dump through cryptocurrency and bitcoin, more specifically. But I don't expect it's going to cause a big impact, anyway. Otherwise, bitcoin should be rising right now, while in fact it's stable and losing value a little bit...
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worle1bm
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July 09, 2022, 06:35:11 AM |
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The crypto market disturbance will depend on how Japan further reacts on this matter and at current the price charts are not affected but soon it could have adverse affect as we are talking about former PM assassination during it's conflict with China.
The news is very sad and have heard that hand made bullets were used and this could be well planned play as security was not so low at the time but still family must be going through tough times.
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bittraffic
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July 09, 2022, 06:41:02 AM |
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Japan has less crime rate and guns are prohibited to civilians just as most Asian countries as far as I know. Never did they expect someone with a gun will attempt to attack Abe.
There are already Anti Chinese conspiracy theory about the death because the former PM still has a huge influence to opposing Chinese aggression to Taiwan while the current Prime Minister are open to make Japan neutral to Taiwan-China unification.
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hZti
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July 09, 2022, 09:54:52 AM |
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There will be no impact at all to the crypto space. Abe was not even the Prime Minister anymore and also during his active time he never really said anything important about crypto that would now change. The only way I could see this to impact bitcoin would be if it was a killer that was payed for the killing via crypto. But there are no news about that.
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GreatArkansas
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July 09, 2022, 10:19:31 AM |
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If ever Shinzo Abe hold some Bitcoins and he is the only one got access to the wallet or private keys and will not recover anymore then the Bitcoin will be lost forever and it will help to reduce the circulating supply of Bitcoin other than that there will be no effect on cryptocurrency or Bitcoin market at all.
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add1ct3dd
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July 10, 2022, 06:52:35 PM |
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Unexpected death? But do we all expect death to happen with us? I guess no. There are those who try to kill themselves intentionally but many aren't successful. If it's not your time, it's not going to be yours. It is said that Shinzo Abe was an ex-prime minister. That must be the reason why he didn't have a security. It's true that japan excels when it comes to technology but you can't just expect them to be good at other things.
There must be a balance in this world, though japan is a peaceful country and people there is well-disciplined. Maybe that is the reason why they aren't strict. I think this news won't have any impact to cryptos. I don't know why op think it will?
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Lordhermes
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July 15, 2022, 09:20:37 PM |
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Unexpected death is an unplanned,unbargained event that occurs suddenly and earlier than one expected.It is an event that come without warning,it may happen in a few seconds,like an accident or fire.It has very different causes,but what unite them all is that they are all unexpected and unplanned.This is what happens every here and then,and it is very bad because one's dream and ambition is just cut shot the moment it comes,that is why it is adviceable to take caution,to be careful so as not to be a victim when it's not yet due.
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be.open
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White Russian
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July 16, 2022, 10:21:47 AM |
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I'm afraid the consequences of this assassination could be far more dire than what we see, from political turmoil to international conflict namely between Japan and China that historically have had a lot of problems. They say the Japanese legislature now is not going to dare oppose Abe's reforms to the pacifist constitution and their dependent and severely limited military.
I think Japan wants to protect Taiwan from a possible Chinese invasion, and after Abe's death, this plan has become closer to reality.
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Gyfts
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July 17, 2022, 03:04:42 AM |
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I recall after watching the footage of the assassination, his "bodyguards" were quick in neutralizing the threat only after the second gunshot. One of Abe's officers had quit literally used a briefcase to stop the projectiles firing from the assailant's gun, to no avail. Not much that they could've have done in real time, but perhaps in hindsight not using a briefcase to stop a firearm will be added to the training books. Does this incident have any impact over the cryptocurrency market.
Political assassination only have local effects on the economy, not global ramifications. Exceptions being political leaders in large countries in high power, ie the U.S. President or Chinese President. Sometimes the local economies aren't even effected. Mexico sees routine political assassinations and they're added to the growing body count without any apprehension from anyone.
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TheNineClub
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July 17, 2022, 09:56:08 AM |
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Japan being a crypto friendly country it has got more real-time usage of bitcoin and other cryptocurrencies. Does this incident have any impact over the cryptocurrency market.
Not in the slightest. This is a knee jerk reaction to the incident and any stock falling that has occured will soon be back to it's previous levels. Things like war, dictatorship, sanctions, those things impact markets, nit an isolated case in a relatively safe country.
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Tellek Garing
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July 18, 2022, 07:19:18 AM |
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Shinzo Abe, former Prime Minister of Japan shot dead. Once after this incidents entire stocks in Japan have fallen. Though he is a former Prime Minister, he should've been given even better security. A country like Japan which is a leader to technology and innovation failing in security is really bad. Same time it has the stricter gun control law. The person who shot him have made the gun of his own.
Japan being a crypto friendly country it has got more real-time usage of bitcoin and other cryptocurrencies. Does this incident have any impact over the cryptocurrency market.
Cryptocurrencies, currently, has no specific direction as many factors affect its price and Japan usage cannot make any significant impact. I thought blockchain technology and bitcoin in particular was designed to help during time of crisis like this but we keep seeing it falling. The death of the Japan former prime Minister is a sad one and to me it will not affect crypto much as we already have bigger problems in the world and that is the war in Ukraine.
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Masplanc
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July 18, 2022, 09:32:34 AM |
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If ever Shinzo Abe hold some Bitcoins and he is the only one got access to the wallet or private keys and will not recover anymore then the Bitcoin will be lost forever and it will help to reduce the circulating supply of Bitcoin other than that there will be no effect on cryptocurrency or Bitcoin market at all.
Mehn am sure he will have some bitcoin in his wallet because Japan is one of the lovers of bitcoin. If it happens that none of his family members has access to his account that mean his bitcoin is gone for ever. His death is unplanned one, which I have learnt from that it is important for one trusted member family to get access to things like wallet after death.
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Gosgosking
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July 25, 2022, 10:29:17 AM |
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Japan has less crime rate and guns are prohibited to civilians just as most Asian countries as far as I know. Never did they expect someone with a gun will attempt to attack Abe.
There are already Anti Chinese conspiracy theory about the death because the former PM still has a huge influence to opposing Chinese aggression to Taiwan while the current Prime Minister are open to make Japan neutral to Taiwan-China unification.
That's is what I am also thinking, maybe Japan is a country where criminal activities are less that is why leaders move without any security. In some top develope countries leaders and politicians move without security officers. The death was an unexpected one, nobody ever thought an incident like this will occur.
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BADecker
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July 25, 2022, 05:32:39 PM |
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Unexpected Death?Of course, if Abe was a Christian, we'll see his unexpected life in eternity... of course, if we are Christians, as well, and make it there ourselves. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Zlantann
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July 26, 2022, 02:43:15 AM |
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I would have expected such news to come from a developing nation or an economically devastated nation and not the super power Japan. The security apparatus of that nation really failed in gathering intelligence report or it might be pre-planned political assassination. This is another proof that economic prosperity might not guarantee protection because politicians would always have enemies. His death directly or indirectly might affect the Bitcoin market because it might be very difficult to totally separate the economy from political outcomes. Every political decision would always have an economic consequences or undertone.
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GiftedMAN
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July 26, 2022, 06:07:39 PM |
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His death directly or indirectly might affect the Bitcoin market because it might be very difficult to totally separate the economy from political outcomes. Every political decision would always have an economic consequences or undertone.
I still find it difficult to understand how his death could affect the Bitcoin market because Shinzo Abe was not a crypto lord during his reign as the prime minister even until his death unless there's something that is yet to be disclosed that we don't know. Politically Shinzo Abe's death would have caused a setback in the Bitcoin market if he was still the Japanese prime minister or if he is in charge of their stock exchange. His death can only bring fear and instability in the region for some time due to the nature of his death but I don't think it has a strong effect on their economy.
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Gosgosking
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August 01, 2022, 09:49:22 AM |
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I would have expected such news to come from a developing nation or an economically devastated nation and not the super power Japan. The security apparatus of that nation really failed in gathering intelligence report or it might be pre-planned political assassination. This is another proof that economic prosperity might not guarantee protection because politicians would always have enemies. His death directly or indirectly might affect the Bitcoin market because it might be very difficult to totally separate the economy from political outcomes. Every political decision would always have an economic consequences or undertone.
Am still wondering about it too why would a top government official move without any security. No matter how safe a country is it is very important for leaders or politicians to have some security moving around with them, because they have oppositions who are not of the same interests, that will always want to fight back. As for his death I don't really know if it will affect the bitcoin market.
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Lordhermes
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August 13, 2022, 03:48:32 AM |
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Unexpected death is an unbargained event or occurrence ,that leads to lost of life.unexpected death happens suddenly at any time, the moment a person is dead, in one second,his or her body system,(respiration, excretion ,blood circulation)stops. Unexpected death is an inseparable part of life,and it is ideal we human just deal with it because we can change it.It is natural,so we have to accept it in good fate.
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