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  • Sure, sure, let's say I don't understand the technology. But I can't find a reason in TFA for this to be "blockchain" instead of, in this case, "yen".

    Big banks and corporations already have a pretty good (certainly not perfect) digital currency system. There are plenty of countries where that is not the case, but I assume Japan is not one of them.
  • OccamsWhiskers: Sure, sure, let's say I don't understand the technology. But I can't find a reason in TFA for this to be "blockchain" instead of, in this case, "yen".

    Big banks and corporations already have a pretty good (certainly not perfect) digital currency system. There are plenty of countries where that is not the case, but I assume Japan is not one of them.


    It might offer the illusion to consumers that it isn't being manipulated and controlled by the banks?
  • The Dangers of a Cashless Society
  • Also-
    Cultural appropriation?

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  • skybird659: Also-
    Cultural appropriation?

    [Fark user image image 850x531]


    Yay, Pink Floyd!
  • MetaDeth: The Dangers of a Cashless Society


    What are those dangers?

    And do they outweigh the obvious benefits?
  • Smackledorfer: OccamsWhiskers: Sure, sure, let's say I don't understand the technology. But I can't find a reason in TFA for this to be "blockchain" instead of, in this case, "yen".

    Big banks and corporations already have a pretty good (certainly not perfect) digital currency system. There are plenty of countries where that is not the case, but I assume Japan is not one of them.

    It might offer the illusion to consumers that it isn't being manipulated and controlled by the banks?


    No they are providing the illusion of security in crypto while I am sure they are putting in "controls" or backdoors for this particular cryptocurrency.

    I am sure my brother is going to invest in this like the rest of the startups, he always buys a few thousand dollars worth at introduction.
  • Ketchuponsteak: MetaDeth: The Dangers of a Cashless Society

    What are those dangers?

    And do they outweigh the obvious benefits?


    Buy my book to learn more
  • Why would I not just use the 5,000 other ways to pay for stuff digitally, instead of transferring cash to a different account and then paying from there?
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