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Author Topic: Why is Japan the largest Bitcoin users?  (Read 1813 times)

Offline princessgirl

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Why is Japan the largest Bitcoin users?
« on: November 28, 2018, 02:00:17 AM »
Japan is among one of the few countries that take seizes every opportunity that come their way to better the economy of the country. Bitcoin is one of the means to help the people gain financial freedom and boost the economy at large. This is why Japan has Bitcoin adopted. Also, after China has banned Bitcoin, most of the miners moved to favorable countries like Japan.

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Why is Japan the largest Bitcoin users?
« on: November 28, 2018, 02:00:17 AM »

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Offline laughingburger

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Re: Why is Japan the largest Bitcoin users?
« Reply #1 on: November 28, 2018, 02:21:54 AM »
Japan is among one of the few countries that take seizes every opportunity that come their way to better the economy of the country. Bitcoin is one of the means to help the people gain financial freedom and boost the economy at large. This is why Japan has Bitcoin adopted. Also, after China has banned Bitcoin, most of the miners moved to favorable countries like Japan.

That is a good news for crypto at least crypto users can feel at ease that there is always one country that is supportive of crypto. As japan is very well know for technology stuffs they are one of the biggest adopter in crypto is not a surprising. 
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Offline Dynamite

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Re: Why is Japan the largest Bitcoin users?
« Reply #2 on: November 28, 2018, 03:33:19 AM »
Due to advantage standard of living which technology drive the people to connect with this newly trending cryptocurrency that possibly the future of human history after fiat dominion for many years. Japan people are open minded that easily accepted the system of digital currency.
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Re: Why is Japan the largest Bitcoin users?
« Reply #3 on: November 28, 2018, 05:05:58 AM »
japan govermn accepting bitcoin as payment
that the reason bitcoin users there become the largest bitcoin users
after china banning bitcoin now the largest users move to japan

Offline gribble

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Re: Why is Japan the largest Bitcoin users?
« Reply #4 on: November 28, 2018, 05:17:19 AM »
I think that is good news for crypto because at least crypto users can feel comfortable that there is always one country that supports crypto. Because Japan knows very well that their technology items are one of the biggest users in crypto

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Offline masterrex

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Re: Why is Japan the largest Bitcoin users?
« Reply #5 on: November 28, 2018, 06:44:59 AM »
Japan is among one of the few countries that take seizes every opportunity that come their way to better the economy of the country. Bitcoin is one of the means to help the people gain financial freedom and boost the economy at large. This is why Japan has Bitcoin adopted. Also, after China has banned Bitcoin, most of the miners moved to favorable countries like Japan.
I dont think so! Japan is the 3rd largest economy after U.S and China respectively. in short they are not poor and they dont need a bitcoin to improve its economy Because they are already a super rich country Japan adopted Bitcoin because of its new technology and application in modern japan.

Offline ZionRTZ

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Re: Why is Japan the largest Bitcoin users?
« Reply #6 on: November 28, 2018, 11:05:32 AM »
Interesting point of view, but Japan has been one of the most successful countries even before Satoshi created Bitcoin. The second reason is more appropriate in my opinion.

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Re: Why is Japan the largest Bitcoin users?
« Reply #6 on: November 28, 2018, 11:05:32 AM »


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Re: Why is Japan the largest Bitcoin users?
« Reply #7 on: November 28, 2018, 12:25:07 PM »
Because it all started from Japan, because everyone knows who created bitcoin, and thus Japan is very popular place for working with cryptocurrency on their territory.
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Offline Garriss789

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Re: Why is Japan the largest Bitcoin users?
« Reply #8 on: November 28, 2018, 04:38:23 PM »
because in Japan the government is tolerant of cryptoindustry, in this area there are more interested people, bitcoin machines are set for them, the industry develops for people, China has banned and it has only lost it in taxes and development

Offline RapidRabbit

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Re: Why is Japan the largest Bitcoin users?
« Reply #9 on: November 28, 2018, 05:13:25 PM »
I think Japan and other technologically advanced countries in Asia are more open for experiments with new tech and their governments are also more interest in it as a potential new asset. Sometimes even in really weird ideas, for example, I read last time on spam blocked b about South Korea plans to use blockchain for tracing beef xD
They're just more open for new and don't find it as risk

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Re: Why is Japan the largest Bitcoin users?
« Reply #10 on: November 28, 2018, 05:21:31 PM »
Japan is one of the first to apporve wide bitcoin adoption and exchange use, but it's also a Country in which mining is not so cheap! Energy cost is high, indeed.

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Re: Why is Japan the largest Bitcoin users?
« Reply #11 on: November 28, 2018, 05:24:41 PM »
Because Japan is one of the developed countries that supports technology. So that there are many people who use bitcoin as an investment asset or payment instrument in their daily lives.


Offline maro101

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Re: Why is Japan the largest Bitcoin users?
« Reply #13 on: November 29, 2018, 12:17:04 AM »
Japan has always been a highly developed country in the field of various technologies and cryptocurrency is no exception. Apparently, the government sees the potential of cryptocurrency and blochkchayn technology and does not hinder their development.
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..WEALTH MANAGEMENT..
..PLATFORM.......................

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Offline yitzjoe

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Re: Why is Japan the largest Bitcoin users?
« Reply #14 on: November 29, 2018, 12:26:12 AM »
bitcoin and altcoin are technological products that can be useful in many activities in the community and which are definitely more efficient and effective
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