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New episode: Power politics in the desert

https://open.spotify.com/episode/480hCiHSyVCanDb4AhtKdy?si=K2Q-mTgSRDSG_62qjeai9Q

Join our telegram group chat: https://t.me/+7fj47duN48swMjI1

B: Japan

India’s GDP overtakes Japan’s

Tokyo women’s fertility drops below 1–Okinawa ken are the chadette baby havers at 1.54

Taiwanese tourists cause meiwaku in Fukushima

Tourist numbers to fall in July due to fear of “The future I Saw” manga predicting a mega quake?

Koizumi-jr the savior of the common man–brings rice back to 2000JPY

TBB to start selling things for sats from June 10th?

B: Bitcoin (~60 mins)

anything interesting announced at Bitcoin Las Vegas?

Advancements in Bitcoin Layer 2

Jack Dorsey’s Push for Bitcoin as a Medium of Exchange:

High-Profile Keynote Speeches

Pakistan buying mining

NYC bitbonds

Saylor won’t provide proof of reserves

Still waiting for the tax policy to change.

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Discussion

I’m not sure they have interest to make that change

It's currently being discussed. I'm pretty sure you guys reported on it too.

Sure I hear you. I hope it happens. I doubt there is the political will to do so

I generally agree, but this seems like it's actually going to happen.

Why do you think so?

Just from what I've read. I don't know for certain though, it's so hard to find reliable information.

I hope it goes down like that. I’m less optimistic on the folks steering the ship being able to make that decision

It's sad because Japan could potentially save itself by embracing bitcoin. But you're right, there's no will to do anything.

They will allow a way to funnel into this like metaplanet that they can keep under their control.

Was due to report on it again this week but we had to cut it for time. Discussions are being reported in the Nikkei and looks like we'll get 20% next year. There will be a give and take but their focus seems to be on regulating the exchanges around insider trading and disclosure so it's very "Web3" focussed which is revealing of how out of touch the Japanese regulators still are. Fingers crossed there is no nonsense like restrictions on self custody or else registering public keys with the authorities etc.

Yeah, it seemed to me like it's going to happen. It's still too little too late and won't do anything for the sinking ship of an economy here, but I'll take it.

This was released yesterday... Basically says they're forming a working group to discuss things. Typical, but at least it's in the right direction:

https://www.fsa.go.jp/singi/singi_kinyu/soukai/siryou/20250625/1.pdf

By the way, do you have a link to what you saw in Nikkei recently?