On November 12th, one Bitcoin exceeded 13 million yen. As of 4 a.m., the price was 13.28 million yen, or 86,000 dollars, both of which were record highs. Since Donald Trump was chosen as the next president of the United States, Bitcoin has been hitting new highs every day. The next president, Trump, has a positive stance on cryptocurrencies, saying he will “make the United States a Bitcoin superpower,” and a Republican senator has mentioned the creation of a Bitcoin reserve on a U.S. government basis, and the next administration’s positive stance on cryptocurrencies is providing a tailwind. ▼What is the value of Bitcoin? After a virtual currency boom, Bitcoin is now held by even institutional investors. There is a growing view that cryptocurrencies have evolved from being merely speculative assets to becoming important financial assets, with the U.S. Securities and Exchange Commission (SEC) approving physical exchange-traded funds (ETFs). In the case of stock investment trusts such as “Orkan,” which is the talk of the town in the investment boom, the value is backed by the companies in which the investment is made. On the other hand, what is the value of Bitcoin? Keita Nakamura, CEO of Mercari’s cryptocurrency subsidiary Mercoin, said the following in a past interview with CNET Japan: “Bitcoin was proposed as an alternative means of online actions and value exchange, and the fact that it has a solid value and that value has continued for so long means that it cannot be said to be ‘valueless.'” “In a way, gold is the exact same concept. If someone hadn’t said, ‘Gold has value,’ or ‘Gold is beautiful,’ then it would never have had any value. Just as it spread as a currency, people who believed in Bitcoin’s value sympathized with the project and concept, and it has expanded to such an extent that its value is now undeniable.” As he notes, Bitcoin’s value is often compared to that of gold. There is a limit to how much gold can be mined on Earth, and it cannot be created fresh except by cosmic events such as supernova explosions. (Link below) CoinGecko (BTC currently ¥13,373,872.
>>1 I don’t think there are any idiots who would put their living expenses into it, but it’s best to buy things like this with Rakuten points. There’s zero risk and they’ll double before you know it.
>>6 Tulip bulbs still have practical value in that they can be grown and enjoyed visually, but what practical value does a virtual currency like Bitcoin have, which is nothing more than digital data of an electrical signal? (´・ω・`) The current virtual currency bubble is even more insubstantial than the tulip bubble.
>>The US Securities and Exchange Commission (SEC) approves physical exchange-traded funds (ETFs). The head of the SEC is in the spotlight this week as he is likely to be fired by Trump, and they are trying to broaden the definition of securities to include virtual currencies. They are starting to say that they will be in charge of them, but this is being said to be a dangerous stretching of the concept of securities.
0348 Anonymous is desperate (happybirthday! b6d0-b6az [183.76.190.106]) 2020/11/20(Fri) 21:05:52.80 I checked the balance of the bitcoin I used at an overseas PC game store a while ago and it was 100,000 yen I thought I only had a balance of a few hundred yen or less (´・ω・｀).
Just as drinking water is the most valuable thing in the middle of the desert, while a bar of gold is worthless, Bitcoin is worthless to begin with, but it will still have a price as long as there are people who believe it to be valuable and are willing to pay for it.
>>24 If you buy a little at a time on Mercari, you’ll double your money in no time. It’s just small change for me, but it’s good for those with assets.
I can understand how Bitcoin has value, but I don’t understand why Bitcoin variants that use the same blockchain technology are also treated as having value. If these things were allowed, virtual currencies would no longer be scarce, but in reality, even more dubious things like Ethereum Coin have emerged. I would understand if you said that Bitcoin is the only virtual currency that has value.
It’s just a “financial product that makes money by inflating and raising the value of rares” No one thinks that it will support the economy as a currency or a stable foundation or that there is a future in that system They just want to make money That’s why “cryptocurrency scams” are so prevalent in Japan.
The yen that the eccentric Haruhiko Kuroda has been printing endlessly
Bitcoin has no pressure from the government and has inflation countermeasures The value of the yen, or rather the currency, is just falling Every country is printing money like crazy.
Haruhiko Kuroda will make the yen infinitely less valuable Bitcoin: “I haven’t done anything but the value is going up in relative terms” Haruhiko Kuroda is largely to blame.
I’ve heard that when Yakuza go to work they convert their assets into Bitcoin before going to prison, it would be surprising if someone who put it in when it was under 1 million came forward.
This is a phenomenon that is occurring because the dollar hegemony is in danger, as more and more countries are joining the BRICS and moving away from dollar hegemony.
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