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| comment | | "parent_author":"",<br>"parent_permlink":"bitcoin",<br>"author":"openbull",<br>"permlink":"no-reliable-currency-japan-s-finance-minister-bitcoin-question",<br>"title":"\"No reliable currency\": Japan's finance minister bitcoin question",<br>"body":"https:\/\/cointelegraph.com\/images\/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy81ZTQ1NGM4N2NkNzA1NTg4YjZlY2ZmOWQ2M2MxZTI0NC5qcGc=.jpg\n\nIn a statement on Tuesday,<br> Japanese Finance Minister Taro Aso said that the main bitcoin cryptocurgency has not yet proved itself as a \"trusted currency\". They also said that in Japan,<br> virtual currencies generally are not widely used.\n\nHis statement was in response to questions about his position on the recent statement of French Finance Minister Bruno Le Mayer,<br> he wants to discuss with Vitcoin and his settlement at the 2018 G20 summit.\n\nThe Mayor said that Bitcoin has created a risk of speculation and it should be regulated:\n\n\"Obviously,<br> there is a risk of speculation,<br> we should check and investigate and see (...) with all other G-20 members,<br> we can regulate bitcoin.\"\n\nIn response to the remarks of the Mayor,<br> the ASO said that if Bitcoin is actually a currency,<br> this question has not been decided yet,<br> \"reliability\"\n\n\"There is no definite definition of whether this is a pose or not,<br> it is a difficult problem,<br> it has not proved to be sufficiently reliable to become a currency,<br> so I should see a little longer.\"\n\n\nBitcoin and other cryptococtures display in Japan\nRegardless of the general perception that the country is going \"all in\" with Beatocaine,<br> the ASO said that bitcoin has not been widely used in Japan and Japanese consumers still prefer to use fatty,<br> or government supported currency .\n\nHowever,<br> the comments of the Finance Minister are doubtful because many cryptocycurrency and operations are transferring to Japan,<br> such as in countries like China,<br> they are campaigning against them.\n\nAccording to a September report,<br> more than 50% of Bitcoin transactions worldwide were in Japanese Yen (JPY).\n\n\n\n\nsource https:\/\/cointelegraph.com\/news\/not-a-credible-currency-japans-finance-minister-questions-bitcoin",<br>"json_metadata":" \"tags\":[\"bitcoin\",<br>\"news\",<br>\"money\",<br>\"blockchain\",<br>\"cryptocurrency\" ,<br>\"image\":[\"https:\/\/cointelegraph.com\/images\/725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy81ZTQ1NGM4N2NkNzA1NTg4YjZlY2ZmOWQ2M2MxZTI0NC5qcGc=.jpg\" ,<br>\"links\":[\"https:\/\/cointelegraph.com\/news\/not-a-credible-currency-japans-finance-minister-questions-bitcoin\" ,<br>\"app\":\"steemit\/0.1\",<br>\"format\":\"markdown\" " |
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