A renowned Japanese cryptocurrency businessman responded to his fellow Japanese who see Bitcoin as a currency “not backed by anything of value”. Crypto entrepreneur Koji Higashi argued that these people who still have a pessimistic view about Bitcoin fail to realize the Japanese yen is being “backed by hostages”. A Controversial Statement Higashi argued that the Japanese currency is backed by individuals he claimed as hostage of the economy. The Diamond Hands Lightning Network executive said that the perspective that Bitcoin is not backed up by something is an argument…
