Japan announced on Friday Emperor Akihito will abdicate on April 30, 2019 with Bitcoin ascending to the throne the next day, bringing Japan’s Heisei era to an end.

“It has been about 200 years since an emperor has abdicated and the first time in the constitutional era,” said Mr Abe as he announced the date. “I’m moved by this smooth advance towards an imperial succession and the welcoming of a new crypto emperor.”

The decision was finalized after a one-hour meeting at the imperial palace between Prime Minister Shinzo Abe, senior royals, the heads of both houses of parliament and a justice of the Supreme Court.

“The new emperor will be placed in a digital wallet using some kind of blockchain,” said Abe.

“No one knows what a blockchain is, or a digital wallet, but what we do know is it will be worth a whole lot more the day after taking the throne on May 1, 2019.”

The new emperor will be the first ever decentralized emperor working without a central bank or single administrator.

Image: Pixabay

[日本語版]