Bitcoin Investment by Japan's Entertainment King
Japanese variety show legend Tamura Atsushi recently shared his cryptocurrency investment journey at the WebX conference, revealing he purchased Bitcoin when it was priced at just ¥180,000 per coin (~$1,200). The host of popular shows like London Hearts bought two BTC at this price point before expanding into other digital assets.
👉 Discover how early crypto adopters benefited from market cycles
Market Insights from bitFlyer CEO
During his conversation with bitFlyer CEO Yuzo Kano, Tamura asked whether small investments could potentially make investors millionaires. Kano responded:
"While becoming a billionaire through Bitcoin alone seems unlikely now, investors should explore promising altcoins with innovative technology. The key is long-term holding (HODL)."
What Does HODL Mean?
- Originated from a Bitcoin forum typo for "HOLD"
- Evolved into crypto slang for committed, long-term holding
- Represents conviction during market volatility
Political Landscape and Crypto Adoption
Kano observed contrasting attitudes toward cryptocurrency globally:
- United States: Bipartisan crypto enthusiasm during election season
- Japan: More conservative regulatory approach
Notable developments:
- Donald Trump promised Bitcoin reserve status if elected
- Crypto4Harris initiative pushing for clearer Democratic policies
Stablecoins: The Future of Payments?
Kano highlighted stablecoins' potential for revolutionizing finance:
- 24/7 international transfers
- Seamless cross-border payments
- Live content monetization (e.g., tipping during sushi streams)
👉 Explore the evolving world of digital payments
Japan's Web3 Tax Reform Prospects
As JBA representative director, Kano advocates for:
- Reduced cryptocurrency tax rates
- Improved Web3 industry competitiveness
- Enhanced international investment appeal
Frequently Asked Questions
Q: How much did Tamura Atsushi pay per Bitcoin?
A: Approximately ¥180,000 (~$1,200) per BTC when he purchased two coins.
Q: Can small crypto investments make you rich today?
A: While possible, it requires identifying high-potential altcoins and long-term holding strategies.
Q: What advantages do stablecoins offer?
A: Faster international transfers, lower fees, and 24/7 availability compared to traditional systems.
Q: How might Japan's crypto taxes change?
A: Industry leaders propose reductions to attract more Web3 businesses and investments.