Effects on Japan’s economy  Next, let me turn to the effects on Japan’s economy of the disastrous events – namely, the earthquake, tsunami, and nuclear accident. Something that has not been recognized so much is that Japan’s economy in 2010 performed best among the G-7 economies in terms of both growth rate and unemployment rate (Chart 2).
However, besides raising concerns from an anti money laundering and counter terrorist financing viewpoint, today’s cryptoassets are all characterised by a number of fundamental problems, such as huge energy consumption, limited scalability and high price volatility, which prevent their use as a reliable means of payment, store of value or unit of account.