When the mysterious figure of Satoshi Nakamoto first devised the Bitcoin and introduced the concept of the cryptocurrency to the world it’s unlikely that he (or she, or they) could have foreseen that in just eight years its value could be over US$11,000 per coin.

There is no doubt that Japan is one of the leading bitcoin nations right now. Indeed, on some days up to 60% of all the trades carried out on the planet originate here. So, what is it that has led to the virtual currency being so accepted here when other countries have been far slower in taking it up? There are a number of reasons why this is the case.