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No, Japan recognized bitcoin as legal tender some years ago. But smart move. Even the poorest of the poor have smartphones with a (limited) internet subscripti
by janandonly 5y ago
No, Japan recognized bitcoin as legal tender some years ago.
But smart move. Even the poorest of the poor have smartphones with a (limited) internet subscription.
So a web based wallet like www.coins.io will work wonderfully for them.
But the reason El Salvador is working together with Strike.me is because they have a service where someone pays you in bitcoin but you can choose to receive all or part of the payment in dollars or another currency.
- ionwake 5y agoDo you have to pay CGT in Japan?
- bloak 5y agoI've read a bit about what Japan did in relation to Bitcoin, and I've read a bit about what El Salvador is proposing to do in relation to Bitcoin, and I've read a bit about what the term "legal tender" means, and honestly I can find almost no points of similarity between those three things.