Former Blockstream executive and Bitcoin (BTC) advocate, Samson Mow, believes that Japan's central bank will eventually embrace Bitcoin due to the poor performance of the Japanese yen. However, critics argue that relying on a centrally regulated BTC will not solve Japan's economic problems, including bankruptcies, poverty, and mismanagement of funds. They point out that a government-issued BTC reserve would still be controlled by figures who have expressed skepticism towards cryptocurrencies, and the average Japanese individual faces challenges in accessing and using BTC. Critics advocate for permissionless exchange and grassroots adoption of cryptocurrencies like Bitcoin Cash (BCH) as a more viable solution.



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