Legislation making bitcoin and virtual currencies legal currency took effect this month in Japan.
Japan just took a big step towards making crypto-currencies more widely accepted around the globe. Japan was once a wealthy and thriving economic force in the world. Now, it is burdened with a huge national debt of 1,000,000,000,000,000+ Yen or $9,000,000,000,000 USD. The godfather of Bitcoin, Satoshi Nakamoto, we can assume by his name that he is Japanese. It is fitting that Japan is open minded enough to start fully integrating crypto-currency into the mainstream. The Japanese will be downloading their Bitcoin, Dash, Ethereum, Litecoin, Monero, and Zcash wallets. They will buy up Bitcoin, send it to the exchanges, and purchase their coins. Oh wait, I left out Dogecoin. You know the coin with the cute Shiba Inu dog on it. Well, look at that- Shiba Inu is a Japanese breed of dog. The Japanese certainly love all things Japan. Maybe that emotional connection will draw them to Dogecoin instead. It certainly has a low price to enter in on at $.000420 USD- less than a penny each. At 36 satoshis, you can buy a lot of them with small amounts of Bitcoin. It is low risk, and it sure looks like the only way it could go is up. Plenty of Dogecoin to go around, with over 100 Billion of them in circulation. Lots of wallets available, and lots of free faucets. Easy to mine. It works pretty good as a crypto, with low fees and the transactions are quick. The Dogecoin community seems really nice too, doing such things as raising $50k USD in Dogecoin to fund the Jamaican Bobsled Team in the 2014 Winter Olympics. Dogecoin also works well as a crowdfunding tool and they sponsored NASCAR driver Josh Wise.
Maybe the Japanese government could purchase 10,000,000,000 Dogecoin for the price of $4,895,800 USD. A move like this would be huge in the crypto world and would likely cause Dogecoin to raise in price. Let's say this move raised the price to $10 USD per Dogecoin. Maybe some Dogecoin whales could help Japan's cause further by nudging the markets to raising Dogecoin's price to $20 USD. The Japanese would have turned a $4,895,800 USD investment into $200,000,000,000 USD. They could then take that money and invest in the most recently profitable performers in the crypto world such as Bitcoin, Dash, Ethereum, Litecoin, Monero, and Zcash. A few months, a few trades, and like magic they are out of debt. They could swap out the crypto coins for fiat money and settle the debt. They could also just hold the coins and enjoy the surplus. Now, if Japan did this it would be an inspiration to other countries to get out of debt. They could all free themselves from the clutches of the central banking cartel. We now have our own de-centralized currencies. Plenty of new up and comers that could do the same for other countries. Low priced coins such as Burst and NEM could serve other countries, like Dogecoin will serve Japan.
I recently spent $20 USD in bitcoin. Within a few days that $20 'grew' back in value in my wallet. It is a nice feeling to watch my money grow like that. It is like I spent nothing and got the item I purchased for free. This is the model we all need for our money. Perhaps, I'm too optimistic about Dogecoin. I figure there is no reason why it can't jump up in price $20, like Dash recently did. I would be very happy if it got to $1. The USD has roughly 1.5 Trillion in circulation, and it is backed by nothing. We accept the dollar value by accepting the notion of value. Let's just start appreciating Dogecoin a bit more. We all love dogs. Just take a look at Googles A.I. Dreams, it seems to notice that dogs are part of our collective consciousness. 2018 is the Chinese Zodiac Year of the Dog. It is time to accept Dogecoin into your heart. Time to let this little doggy give some love to your wallet. I'm confident the Japanese will take a liking to this coin. If you join the Dogecoin movement, maybe you will profit enough to go out and buy yourself a nice pet dog. Dogecoin may not save the world, but it is definitely going to help the world become a better place.
If you thought this article was shit, then send me some shitcoin (Dogecoin).
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If you though this article was cute as a Shiba Inu, then send me some Dogecoin.
Dogecoin address:
D8XEXnjaweyWzWKnfQHqN3qCUNSRVHpx9N
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