RE: Bitcoin Hits 55k! | Let’s check the activity on the blockchain? | October 2021

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Welcome back!

Yeah, I'm in Japan. It's possible they are moving to Japan, but I think a lot of them have been here all along. I would love to see bitcoin more readily available here. Right now, it's a complicated process to buy, but everything is a complicated process in Japan.



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(Edited)

Oh, I see! Isn't a peer-2-peer cryptocurrencies purchase app, like "Local Bitcoin", usable in Japan?

I've never traveled to your country, but have watched a bunch of videos about it recently, hehe. Many foreigners living there comment that Japanese people are utterly helpful, lovely and efficient individuals, and at the same time that they easily tend to be confused or lost in front of unprecedented or unusual situations :-) It gives the impression that huge reglementations make them confortable (I write "them", cause I guess you're not the "average Japanese citizen" 😉).

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(Edited)

I’m definitely not a citizen lol
Lovely and helpful maybe but I would not say efficient! Quite the opposite. They just work long hours and do everything very seriously.

I think there are people doing local bitcoin but I don't know if it's legal or reliable. It's certainly not commonly used.

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Wooow... As a confirmation of your comments, I see that the total number of BTC ATM in Japan is... 1 (at least if that website's data is correct). Hope you do live in Tokyo 😄.

Source: https://coinatmradar.com/country/107/bitcoin-atm-japan/

Bitcoin ATM Japan – find bitcoin machine locations - coinatmradar.com.png

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There were a lot of ATMs here while I took my 6 year break from Japan 2012-2018, but then they became illegal even though bitcoin is legal as payment here, exchange to local currency is heavily regulated.

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