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> Some people are attracted to using Bitcoin as a day to day currency and payments system, to reduce their dependence on mainstream banking. The "be your own ba

> Some people are attracted to using Bitcoin as a day to day currency and payments system, to reduce their dependence on mainstream banking. The "be your own bank" philosophy. Japan is, at least to my understanding, one of the last countries to develop such a mindset in the mainstream.

nicky0 10y ago
Ah, that is very interesting. I am not knowledgable about Japanese culture, so my answer was addressing "why pay with Bitcoin" generally.
- a_bonobo 10y ago
  Japanese culture is so hard to predict when it comes to tech uptake - you see an 80-year old man play with his Nintendo DS at the bus stop, Kyoto City is covered by free Wifi, Internet is fast and cheap, but the ATM closes down at 6pm and your hotel room advertises free fax (which you may actually end up needing)
  - ekianjo 10y ago
    Atm does not close anymore at 6pm. You are 10 years behind.
    - hkmurakami 10y ago
      Do they still charge a modest (150 yen'ish) fee after hours? ;)
      - kalleboo 10y ago
        Depends on your bank. Traditional ones do. Lots of upstart banks (like Rakuten, Aeon) that don't.
    - deleted 10y ago
      [deleted]
    - kalleboo 10y ago
      Yeah, they close at 9pm now
      - bane 10y ago
        Well the machines get tired and need to go to bed after 9:30pm so it's perfectly reasonable.
        kalleboo 10y ago
        Well if the boss is still around until 12pm the machine can work just a little bit longer...
thomasfl 10y ago
So the originators name Satoshi Nakamoto hasn't inspired more bitcoin adoption in Japan than elsewhere?
- hkmurakami 10y ago
  Nope. Even if there's adoption due to a possible central bank induced currency collapse, it'll be a small small minority for some time.
  - hueving 10y ago
    Until they manage to stop deflation, a currency collapse is a long ways away.
Fuxy 10y ago
Don't count Japan out just yet they adopted NFC payment way before it even showed up on the radar of other countries. NFC communication for exchanging emails or making small payments was a thing before smart phones were popular so there's that. Japan is weird because in some situations their surprisingly stuck in their ways like with CD sale and in others their surprisingly advanced like the use of NFC.
- kalleboo 10y ago
  I dunno about NFC adoption. Aside from train rides, most people here use cash for all their day-to-day transactions. Even though the option has been available for over a decade, it's rare to see someone pay in a store with NFC. Way rarer than e.g. in the UK or Australia.

nicky0 10y ago

Ah, that is very interesting. I am not knowledgable about Japanese culture, so my answer was addressing "why pay with Bitcoin" generally.

a_bonobo 10y ago
Japanese culture is so hard to predict when it comes to tech uptake - you see an 80-year old man play with his Nintendo DS at the bus stop, Kyoto City is covered by free Wifi, Internet is fast and cheap, but the ATM closes down at 6pm and your hotel room advertises free fax (which you may actually end up needing)
- ekianjo 10y ago
  Atm does not close anymore at 6pm. You are 10 years behind.
  - hkmurakami 10y ago
    Do they still charge a modest (150 yen'ish) fee after hours? ;)
    - kalleboo 10y ago
      Depends on your bank. Traditional ones do. Lots of upstart banks (like Rakuten, Aeon) that don't.
  - deleted 10y ago
    [deleted]
  - kalleboo 10y ago
    Yeah, they close at 9pm now
    - bane 10y ago
      Well the machines get tired and need to go to bed after 9:30pm so it's perfectly reasonable.
      - kalleboo 10y ago
        Well if the boss is still around until 12pm the machine can work just a little bit longer...

thomasfl 10y ago

So the originators name Satoshi Nakamoto hasn't inspired more bitcoin adoption in Japan than elsewhere?

hkmurakami 10y ago
Nope. Even if there's adoption due to a possible central bank induced currency collapse, it'll be a small small minority for some time.
- hueving 10y ago
  Until they manage to stop deflation, a currency collapse is a long ways away.

Fuxy 10y ago

Don't count Japan out just yet they adopted NFC payment way before it even showed up on the radar of other countries. NFC communication for exchanging emails or making small payments was a thing before smart phones were popular so there's that. Japan is weird because in some situations their surprisingly stuck in their ways like with CD sale and in others their surprisingly advanced like the use of NFC.

kalleboo 10y ago
I dunno about NFC adoption. Aside from train rides, most people here use cash for all their day-to-day transactions. Even though the option has been available for over a decade, it's rare to see someone pay in a store with NFC. Way rarer than e.g. in the UK or Australia.