Having lived there for 10yrs and having fluency of their language, I can
safely say that the digital gold concept would indeed go over very well in
Japan.

The only thing is, the Japanese (as a people) are reluctant to change
unless introduced to that change by a trusted party. They only trust those
that can speak to them. Also, certain key players would need to be put in
place to proliferate the idea; meaning a fluent speaker making a trip
there and/or certain key contacts being made there.

e-gold itself would be HEAVILY adapted, (as there is very little trust in
the Japanese banking system from the indigent public, right now due to all
the bad loans), IF and ONLY IF the convenience factor was enhanced a bit
more. Meaning, making it easily accessible to the potential users. A Japan
based exchange provider (with either branches or the ability to be mobile
within the country) would prove to produce a significant ROI within its
first year of operations.

I say all this because some of you guys seem to be in a financial position
to make something like this happen. I can tell you from experience that
unless someone BRINGS it to them, they're not going to adopt it anytime
soon. The Japanese HAVE the technology, but they are still a VERY hands on
type of society. The average citizen has still not fully adopted the
Internet as an everyday tool; although many have computers. They use them
more as "tools" or "when needed". This is based on the last time I was
there in Osaka; which was a mere 3yrs ago.

In my opinion, the Kansai area... Osaka, Kobe, Kyoto and Nagoya... would
be the best places to start as these are the "kane moke" (or 'making
money') capitals of the country. The people in these areas are more
interested in how to maximize their financial situations through creative
thinking.

Such a project; if aggresively pursued; would see fruition within 6mths to
a year. The initial cost would be significant but the ROI would be
phenomenal; to say the least.

~tecHead




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