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BigSirko
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October 31, 2016, 03:48:26 AM |
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Short History of Japan and Bitcoin
In 2013. Many Bitcoin businesses were located in Japan but ran by expatriates. MtGox was initially created by an American and later sold to a Frenchmen.
2014 - Few Japanese in Japan had ever heard of Bitcoin – even with MtGox in the international news. Most of the people protesting outside of MtGox, in Tokyo, were expatriates.
Legislation and laws on cryptocurrency were a response to something called Mona Coin. Mona Coin was the first alternate in Japan and was more popular than NEM, in Japan, until 2016.
In 2015 – “Indigenous” Japanese people (not expats) started to create their own exchanges and businesses, including Takao Asyama who is affiliated with Mijin / NEM .
In 2016 – the Japanese Blockchain Consortium is founded. The consortium is predominately Japanese but contains a few expatriates in some positions.
In terms of ordinary person adoption - Japan is probably where America was in 2011? In terms of organization - Japan is probably in the top 3. The United States and Switzerland is ahead of Japan. In terms of top-down interest - there seems to be a lot of banks and businesses in Japan looking at Blockchain. I think Japan might be better than USA and Switzerland in that regard.. For top-down ~ NEM already was adopted by a few businesses like Okwave, Tech Bureau, a supermarket chain [Adarara?] and apparently Campfire is next. NEM is otherwise working hard at the moment to be ready for when more Japanese decide to adopt cryptocurrency. For NEM to be ready, this means a good mobile app and having some services available. When the app and services are available, that's when advertisement in Japan will probably increase. From your username and your comments I assume you don't live in the USA. USA is really backwards when it comes to progress for society, people want the 1950s back. USA is not as progressive as the movies might tell you. I sometimes watch commercials from the US of A. Half the Doctor and highly skilled professionals seem to be African-American. The white man is predicted as a bumbling idiot who is outsmarted by the woman and minorities. Does it corroborate with reality? It must - because everything you see on TV is true.  |
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jelin1984
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Merit: 1004
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October 31, 2016, 04:36:23 PM |
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jelin1984
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November 01, 2016, 01:13:40 AM |
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nzminer
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November 01, 2016, 01:17:44 AM |
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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Shiroslullaby
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November 01, 2016, 01:26:50 AM |
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I like XEM its a very interesting project.
I wonder though if the "harvesting" of coins as opposed to traditional mining will be confusing and put people off the coin.
People are resistant to change and generally don't like things they don't understand.
Can anyone who knows a lot about the project explain the advantages of the way coins are generated?
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nzminer
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November 01, 2016, 01:43:17 AM |
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I like XEM its a very interesting project.
I wonder though if the "harvesting" of coins as opposed to traditional mining will be confusing and put people off the coin.
People are resistant to change and generally don't like things they don't understand.
Can anyone who knows a lot about the project explain the advantages of the way coins are generated?
Its not really any different than any other POS coin, only difference is you get rewarded more if you actively use your account. |
NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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jelin1984
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November 01, 2016, 01:43:50 AM |
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jelin1984
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November 01, 2016, 02:00:59 AM |
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TaShoKi
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November 01, 2016, 02:17:20 AM |
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I sell all my XEM now.
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nzminer
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November 01, 2016, 02:23:00 AM |
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I sell all my XEM now.
Why? Ill take them off you happily!  |
NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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TaShoKi
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November 01, 2016, 03:34:54 AM |
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I sell all my XEM now.
Why? Ill take them off you happily! I buy at low price off you in 2 days  |
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dranster
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November 01, 2016, 04:44:01 AM |
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I sell all my XEM now.
Why? Ill take them off you happily! I buy at low price off you in 2 days Wow guys XEM is going to rally hard soon So many good news and PR Cant miss the oppurtunity now... Want to see XEM at 1000 sats soon  Keep an eye on POLO |
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LemonAndFriesOne
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November 01, 2016, 08:38:30 AM |
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I sell all my XEM now.
Why? Ill take them off you happily! I buy at low price off you in 2 days Not all 65 coins you have  |
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b1007
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November 01, 2016, 09:49:43 AM
Last edit: June 11, 2019, 12:43:42 AM by b1007 |
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NEM working ninja style!  |
I like to speculate
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bbosch
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November 01, 2016, 11:06:43 AM |
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NEM working ninja style! Looking forward to the day this sleeping giant awakes, but like in a lot of projects, patience is key. Apple market cap once was maybe in the thousands, I think NEM is in the same phase as Apple was in the early days. Maybe...but currently I don't see any real growth in the number of wallets ( only a handfull a day) nor an increase in the number of transaction (most of the transactions are supernode rewards). |
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nrg1zer
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November 01, 2016, 12:53:58 PM |
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Where you can see such things?
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Alohaboy?!
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November 01, 2016, 02:28:09 PM |
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I sell all my XEM now.
Why? Ill take them off you happily! I buy at low price off you in 2 days do you have any explanation to our statement? i don´t see any reason for a drop |
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bbosch
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November 01, 2016, 02:36:26 PM |
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Where you can see such things?
just check the number of records in the richlist http://nemnodes.org/richlist/transactions you can check at http://chain.nem.ninja/#/transfers/0everybody harvesting knows that most blocks have no transactions....and I do not see a lot of change there, I guess it is fair to say that the marketcap of NEM can only increase if the network grows faster (=more wallets, more transactionsday) |
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Caladonian
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November 01, 2016, 02:49:19 PM |
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NEM working ninja style! Looking forward to the day this sleeping giant awakes, but like in a lot of projects, patience is key. Apple market cap once was maybe in the thousands, I think NEM is in the same phase as Apple was in the early days. just a pure trust will gain us a lot after the rebound for sure xem will have much better value after btc price will established this project is a for a long term investment the more we hold the more the value will increase. |
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