Japanese Crypto CEO Sparks Debate: Is the Yen Backed by “Hostages”?
A prominent Japanese cryptocurrency entrepreneur, Koji Higashi, recently ignited a firestorm of debate with a provocative statement about the Japanese yen and Bitcoin. The Yen’s “Backing”: A Controversial Claim Higashi argued that those who criticize Bitcoin for lacking value fail to see the reality of the Japanese yen. He controversially claimed the yen is “backed…
