Banfield effectively dismantles the "Japan’s Bitcoin" myth by exposing the stark disconnect between marketing hype and stagnant on-chain reality. It is a necessary, data-driven autopsy of a project that prioritizes nationalistic branding over actual technical utility.
Deep Dive
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Deep Dive
JasmyCoin JASMY Is Not Japan’s Bitcoin. It’s an ERC-20 Dumpster FireAdded:
Today I'm going to very calmly roast Jasmy because this looks like an extremely dangerous coin that very likely has almost no upside left.
There's very obvious reasons why it still has much more downside left. I see no value for this at all. I've said this the entire time since I started reviewing this coin years ago.
To begin with and I'll go through the details because if you're holding Jasmy coin, this will be very important information for you to see.
First of all, this has a worse price charter as bad as ICP and there's not even been like any decent upsides.
So usually this is going to stop anyone from doing anything else just by itself.
Although the last year is also down 66% even if truncated 67% rounded 66.7% total.
Anyway, even with this tiny pump here, this is not a good price chart and when you look deeper than the price chart, which you should always do, it gets worse. So I clicked on their website at jasmy.co.jp.
The website has still not loaded properly. That's a huge red flag.
The website's actually in Japanese and the way it doesn't translate very well.
This is the same basic website they've had up for years. Almost nothing has changed.
And it continues to get worse.
So if you look at the ERC scanner, the crazy thing is it says there's 99,000 holders and there may be more considering different exchanges this is on.
And you look at there's sometimes there's 10 minutes to go by where nobody even makes a transaction with the coin.
That's a really bad sign of total inactivity and irrelevance.
I mean on ICP you're doing like 8,000 transactions a second. This you can go 10 minutes without a transaction.
Bitcoin blocks would have thousands of transactions within 10 minutes.
So this is just absolute ghost town right here. Now, I'm not a financial advisor. This isn't financial advice and I have ICP cuz it's the best thing in crypto. So I'm totally biased towards it.
And I go out here if I was to hype Jasmy coin up ironically, I'd get more in many cases. I'd get more subscribers, more views, more money, all that stuff. And then I could sell a course telling you what was actually good. But I don't do that cuz I want to help you.
And this is this is still getting even worse.
So if you look at the official account of Jasmy on X and then you click this, it actually goes to some guy's resume.
LIKE OH.
>> [laughter] >> OH, YEAH.
YOU MAKE ME LAUGH.
I MEAN, this it it literally goes to somebody's resume.
The official X account of a $300 This guy's JOB HUNTING.
WHAT? AND they linked it on purpose.
This This is an intentional link, all right?
>> [laughter] >> Come on, man. Come on, you. What is this?
The last post on the account was June 2025.
I almost started swearing, but I technically swore in Spanish, but [ __ ] man. Seriously?
The account The official account has a link to a guy's resume and hasn't posted in a year.
At least the YouTube channel posted something 6 months ago, but it only has I mean, I just created two brand new YouTube channels. Okay? I just created two brand new channels from scratch, which I linked on jerrybanfield.com.
And if you want to talk through your crypto portfolio and find dumpster fires like Jasmy and it, book a call. We can go through and screen share. But if you look down, I started six channels in the last 2 months.
This crypto reviews channel has a thousand subs already, and I'm just a guy reviewing coins.
Now, this is the Jasmy official YouTube channel, and it's got 925 subscribers, $300 market cap, and then the link on the Jasmy YouTube channel takes you to a different account, which makes me wonder did somebody compromise the last account, and that's why they're linking on their resume?
And this account only has 3,000 followers, and this goes to a different website than the CoinGecko. I mean, this This is getting really ugly.
This is just getting just so ugly. It's crazy. The website says 2025 on it.
I mean, what a dumpster fire.
This is so bad. So, I hope I've very quickly shown you cuz your time is valuable. If you need more criticism, just ask everything that sucks about Jasmy coin, and it'll go in further. It's Jasmy is an ERC-20 token.
We're still using those these days, I guess.
Yeah, it has a ridiculous narrative of being Japan's Bitcoin. There's no reality to that. Data democracy, ICP's actually doing it. I don't see any evidence Jasmy's actually doing anything with it. The token value capture is non-existent. As I The the marketplace, yeah, I don't I don't even believe it doesn't have any it it doesn't make logical sense that they're just going to create things and people are going to use without like ICP providing technology around it.
And the developer according to to chat GPT says two repositories, 19 commits.
No public members. I mean, and the former of Tony executive story, if it's even true, is ridiculous. So, holy cow, guys. This is why I review these coins because, believe it or not, there's people actually they're still bullish on Jasmyne in this world.
And I'm hoping to find all of them.
And convert help them see this information. So, if you appreciated my honesty, I invite you to subscribe to Jerry Banfield crypto reviews. If you want to hear what I actually like, subscribe to Jerry Banfield ICP where I talk about how ICP is different in every video. And the personal videos I'm really passionate about right now, I started a new Jerry Banfield dating channel. If you're a guy that's single, I think this could be a really good channel for you. If you play video games, I have a Jerry Banfield gaming channel where I do live streams, hang out with viewers. If you just want anything besides what I just listed, regular old Jerry Banfield's for you. I got some fun videos coming up on this channel.
And I invite you come talk with me on jerrybanfield.com. I mean, $49 could totally change your life.
30-minute call, hop on Zoom, show me your crypto portfolio, or talk to me about anything. Thanks for watching.
Hope to see you again soon.
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