Japan Just Killed The "Bitcoin Will Be Banned" Meme
Authored by Charles Hugh Smith via OfTwoMinds blog,
The Japanese recognize the adoption of cryptocurrencies and blockchain technologies as a competitive advantage, and they're right.
One of the most durable claims of cryptocurrency skeptics is that "governments will ban bitcoin once it threatens their fiat currency or their control." Ben Bernanke recently gave voice to this claim as if it was received wisdom.