Post
Topic
Board Economics
Re: Bitcoin Japanese exchanges increasing
by
Comeatmebro111
on 10/05/2017, 03:09:31 UTC
I read today online that Japanese bitcoin capitalization is more than that of usa! This makes Japan to be the next hub of bitcoin investment.
yes apparently bitcoin users in Japan has increase because over than $1 billion bitcoin transactions in Japan from last month it is prove that Japanese people has very concern to bitcoin and currently there are 13 exchanges available in Japan and i have to says that Growth of bitcoin in that country More rapidly rather than in my country



Another interesting possibility is that Japan could grab the technological lead in Bitcoin, or at least parts of the overall technology.

There are numerous examples of how Japan leads the world in some technologies, one important one that I have seen "in action" is robotics.  The USA is almost completely absent from leadership in robotics, the leading robot makers are Japanese and Swedish (some German & Swiss).  China is rumored to investing heavily in robotics too.

My point is that Japan could very well capture the heart of many important parts of BTC technology should they wish.

Early adopting countries of bitcoin will definitely have a head start in technology. Japan recently approving of bitcoin could set off an economic arms race for crytocurrency technologies and quickly force other competing economies to adopt bitcoin in fear of falling behind.