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I'm not Asian but I live in Hong Kong and I never had this impression. Most countries look at Bitcoin with some interest and suspicion. I don't think that bein
by Renaud 13y ago
I'm not Asian but I live in Hong Kong and I never had this impression.
Most countries look at Bitcoin with some interest and suspicion.
I don't think that being Asian gives you super powers just like being Westerner gives me any more insight about the financial stability of Western countries.
If you know something specific about laws or business practices in Japan that may shed a light on the whole issue then feel free to enlighten us.
I would say though that your trust in Western institutions is a bit misplaced. Enron lost billions and ruined lives. You could say that some of the culprits are in prison but that's poor consolation for those who lost everything.
More recently, the whole of the banking industry almost collapsed under the weight of its own greed and malpractices, bringing down with it whole countries and forcing tax payers to foot the bill to prop up these honorable institutions.