Post
Topic
Board Bitcoin Discussion
Re: Japan plans to become the Bitcoin capital of the world.
by
AjithBtc
on 08/03/2018, 11:39:58 UTC
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

They might have some competition when it comes to the news that germany has really been upping their trade on bitcoin and is able to integrate it faster if all things favor the Germans. But its good that germany and Japan are having a kind of friendly competition when it comes to bitcoin as there might be some major countries who are watching and taking notes and that way we would have a much more stable influence on bitcojn and anything else
Japan is on its advantage on bitcoin because they are the fastest growing community with a good leaders that is open for the new technologies. Germany is now only making noise towards cryptocurrency and a competitor is always good for each nations to prove their excellence and excel in other countries.

Unlike neighboring countries such as China and South Korea, which fight crypto-currencies, Japan is still determined to become the first country in the world to promote cryptocurrencies as legal tender despite the risks. However, the current cryptocurrency business is very speculative. However, the revenue from this business, including the capital gains tax levied on individual investors and enterprises, may reach 1 trillion yen (about 9.2 billion U.S. dollars). Tokyo hopes to take advantage of people's interest in cryptocurrencies to improve the economy.

And japan's been a country known to accept innovations. That's why they're one of the most influencial countries today economically and technologically. The japanese seems to be so ready for the future.
They were much focused about the future. The government too has understood the things in a much better way unlike the other governments that has been imposing ban upon bitcoin. Already it has been serving to be the central hub for Cryptocurrency due to the legalized acceptance even when China holds majority of the contributors.