Japan loves innovation. The economy could not get around the idea of a high-tech cryptocurrency party - based on AMarkets.
Recent legislative changes prompted the Japanese banks to engage in active transactions with Bitcoin. In Japan, you can now conduct banking transactions with Bitcoin as a common currency - the option is available, and private individuals and businesses. Japanese leaders in the shower hoping that innovative solutions will save the economy of the rising sun. Will, in contrast to the strategy of negative interest rates, which over the years has driven the country into a dead end, from which the standard output paths will not find. Japanese consumer is stored cash to protect their savings and in no hurry to spend cash in retail.
Japanese corporations in regard to the coldness of consumers are in no hurry to invest in the development of their businesses. Probably, the Japanese authorities are considering Bitcoin as an attractive and mysterious (not well understood) an alternative to payment in cash. Like, cryptocurrency on which negative rates are not able to influence - a cross between nalom and bank transfers. A certain compromise. Whether this compromise will deceive the Japanese? It is unlikely. Ian, at least, you can hold in your hand, unlike intangible Bitcoins. In addition to the immateriality, in cryptocurrency there are other disadvantages.
Weakness Bitcoin - at least in the fact that it has many competitors - the other virtual currencies. And those who produce these alternative coin, as advertised limited edition of its network of money as a big plus.However, the more e-money, the higher inflation. The popularity of electronic money, the more intense their "mining". In the end, cryptocurrency can be almost the same print as the dollars - is boundless. You can always start a new kind of network exchange - in a situation where, for example, "Mining" Bitcoin has reached its limit.Those. for acceleration of inflation, there are still some.
Conclusion ... The only safe haven in our world - one that is based on limited natural resources.