Bitcoin becomes legal payment method in Japan

1. Since the Japanese government officially recognized bitcoin as a legal payment method on April 1, a large number of Japanese companies began to consider accepting bitcoin payment. The first big retailer to respond to the government's call is Bic Camera, which works with bitflyer, Japan's largest trading bitcoin exchange, to accept bitcoin. Also in April

2. For the hard bifurcations of bitcoin network, the foreign market is very calm. As the largest trading market of bitcoin in Japan, the development of bitcoin in Japan has experienced twists and turns. After the bankruptcy of Japan's largest bitcoin trading platform in 2014, the bitcoin market once fell to the bottom. However, recently, the trading volume of bitcoin in Japan has increased sharply again, and the application scope of bitcoin is also expanding

coincheck is one of the largest bitcoin trading platforms in Japan. At present, the total monthly transaction amount of this platform has increased from about 3 billion yen at the beginning of last year to 36 billion yen now, expanding 12 times. As for the development of the platform, the president of coincheck, a bitcoin trading platform in Japan, said that in the near future, one bitcoin can be exchanged for 140000 to 150000 yen (about 8700 to 9300 yuan), which is 2.5 times higher than that of the same period last year, and the total number of users registered on the major bitcoin platforms in Japan has exceeded 600000.

among the prosperous shops in Ginza, Tokyo, Japan, You can also see a bitcoin trading machine that can exchange invisible bitcoin and yen notes. People choose to buy, sell and other operations in the trading machine interface, and can easily complete the transaction by scanning the two-dimensional code of the bitcoin wallet on their mobile phone. At present, there are six such bitcoin trading machines in Tokyo and 14 in Japan

in Japan, more than 4200 businesses have accepted bitcoin payment. At this sushi restaurant, when customers check out, they can choose to pay by scanning the QR code of bitcoin bill. Since the introction of bitcoin payment system into the sushi restaurant, the turnover generated by bitcoin payment in one month has reached 500000 to 1 million yen, equivalent to 30000 to 60000 yuan. The manager of a sushi restaurant in Japan said that for businesses, the service charge for using bitcoin to settle accounts is only 1%, which is very cost-effective and convenient.

3. Japan's financial services agency (FSA) announced earlier that the latest revised version of Japan's payment services act has been passed and officially took effect on April 1, 2017. Bitcoin is recognized as a payment method in the service bill and strictly regulated
in this bill, the Legislative Council defines bitcoin as an asset rather than a currency. People can use it as a way of payment for transactions
relevant units have also put forward requirements that service providers or exchanges operating in bitcoin must register with the Prime Minister of Japan, and the capital scale must not be less than 10 million yen. They must have information technology systems that can prevent theft and loss, and must establish a variety of systems and processes, involving training, internal regulations, governance, outsourcing guidance, etc
the amendment bill also amends the prevention of the transfer of proceeds of crime act. Regulators have asked bitcoin to implement a more stringent "know your customer" process than it currently does. The exchange must verify the identity of the account opening user, keep the transaction records, and report the suspicious transaction records to the regulatory authorities.

4.

Bitcoin is illegal in China

since September 4, 2017, China has expressed its opposition to the virtual currency exchange. On the market, large-scale exchanges are graally fading out of the domestic market. Some of them are going to Japan and some of them are going to Nanyang. Of course, with the release of new regulations in Hong Kong in early November, we believe that in the future, the virtual currency exchange may obtain a legal license in Hong Kong to serve local institutional investors

extended information:

bitcoin China said that the platform will stop withdrawing cash. So far, bitcoin China has closed all transaction functions. The other two bitcoin trading platforms in China, huocoin.com and okcoin, have also stopped trading all digital assets against RMB

the virtual currency represented by bitcoin has soared, attracting a large number of ordinary people without any technology and investment knowledge to enter this high-risk market

the central bank, together with many ministries and commissions, issued the announcement on preventing the financing risks of token issuance (hereinafter referred to as the announcement), which pointed out that no organization or indivial may engage in the financing activities of token issuance illegally According to the announcement, all kinds of token issuance and financing activities should be stopped immediately from the date of issue

the organizations and indivials that have completed the token issuance financing should make arrangements such as liquidation, reasonably protect the rights and interests of investors, and properly handle the risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects

the China Internet Finance Association issued the "tips on preventing the risks of bitcoin and other so-called" virtual currency ", pointing out that bitcoin trading platform is a tool for money laundering, drug trafficking, smuggling, illegal fund-raising and other illegal criminal activities e to the expanding number of stakeholders and strong speculative atmosphere; There is no legal basis for the establishment of various so-called "currency" trading platforms in China

5. It's supposed to be late, isn't it
otherwise, it's a good thing. unshakable.

6. This is a game I played three years ago. You need to learn the skill of mining, and then the skill level is enough

how to do endless expedition mining? Let's take a look at endless expedition mining strategy

iron ore, small probability of silver, titanium

main distribution: all

PS: don't talk about clay

copper mine

main distribution: there is a fixed refresh point on the far left of forest and snow field

I just want to dig copper in peace

note: there are several copper ore refresh points in the cave (toy) in the middle of the forest; Probability to get gold<

tungsten ore (key)

only in the snow can there be a new point (key)

high value and high consumption

it is recommended to run around the snow field in 10 minutes

probability to obtain gold

mitag

it is mainly distributed on the right side of the desert (the left side of the desert is the refresh point and fishing point of plants), and the ruins on the far right side of the desert

the value is also very high, and the market is not as big as tungsten ore

it's also worth digging.

7.

I'll give you a standard answer

Why can bitcoin be used as money

A: because the "Payment Service Amendment Act" officially signed by the cabinet of Japan officially recognized bitcoin as a legal payment method, the Act came into effect on April 1, 2017

this is the first country in the world to recognize bitcoin as a legal payment method, and this is the first bill to put the legality of bitcoin payment into law

therefore, in Japan, you can use bitcoin for money

the internal logic is that you use bitcoin to buy any commodity in Japan (as long as the store supports it), and then the commodity can be resold and converted into yen, and then the yen can be converted into other countries' legal currency through foreign exchange. Therefore, from this perspective, it already has the property of "currency", that is, money

2, who gives it value

A: this question is divided into three parts to understand

first, when designing bitcoin, Nakamoto encourages people to use bitcoin as a way of payment and settlement, and then this concept is naturally understood as "currency". But its real role in the beginning is to speed up the priority of data packaging on the chain. You can use bitcoin to let other bitcoin nodes package your data first, that is, to jump the queue

secondly, one proof of the real value of bitcoin is that on May 22, 2010, a programmer exchanged 10000 bitcoins for two pizzas, which are worth $25. Since then, bitcoin has been given real "value.". It opens up another value transmission channel besides traditional coins and precious metals

Third, people are more optimistic than the underlying technology of special currency - blockchain application. Dreams are priceless. They are using the praise of bitcoin to recharge their dreams and pay for their future. At this time, the higher the price of bitcoin, the better their dream. No one wants their dreams to be devalued. So they are the real support to stabilize the price of bitcoin, and their dream is the core value of the price of bitcoin

Fourthly, other swindlers follow suit. Yes, this method is really effective. When people say that, even if you don't know why, you will think bitcoin is valuable, but you don't know why it is

- above. If you have any questions, please leave a message. DFG (Digital finance group) is committed to popularizing blockchain related knowledge, delivering the latest blockchain instry information and sharing interesting stories about blockchain

8. No, bitcoin is just like the stock market. You can fry something out of thin air. If you don't fry it, you won't have it. There is only price and no value
normal countries will not be legal tender.