I had this conversation before with some Argentinians, and broke it down into two areas: fungibility and maintaining wealth. In Argentina monero worked great for both of these traits, good for them. For me in Japan, I need cash for fungibility and bitcoin for maintaining wealth. There isn't just one answer to the solution.

Reply to this note

Please Login to reply.

Discussion

In Japan, you dont need to hide your transacrions but in Argentina you do?

Fungibility is required for the final boss but you might just be a level 1. When you reach the final boss or you want true protection from Gov over reach, you prepare for the final boss and hope you are fighting the local cop.

The fungibility in Japan is very low for bitcoin nor monero. There are inner circles and some companies that accept bitcoin, but I haven't heard of any that accept monero. Japan produces some great technology but they tend to be very behind the times in implementing technology. Do you still use fax? We do!

No way .. fax?

I remember about 10 years ago using fax to transmit 1M trades from one mutual fund company to another and in my head i was always thinking 'wow, 13M is money transfers done by fax' I base it all on a confirmation page and I verify the followijg day.

I always wanted to visit Japan. One if my dream destinations... one day I hope. 🙏 Good people. Rich in culture. Rich in the pursuit of virtue.

Pleasure to meet you Bitcoin Samurai.

If you ever need a place to stay my family is very open to visitors. Only problem is that I am a little country side.