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With his reputation on the line, Japan's most controversial tech investor needs a win with the PayPay app. (Illustration by Nakako Shiotsuki/Michael Tsang)
The Big Story

SoftBank wants to burn money

Masayoshi Son zeros in on Japan, where he is ready to lose billions in a battle to conquer cash

WATARU SUZUKI, Nikkei staff writer | Japan

TOKYO -- In its most extreme form, a psychological condition known as chrometophobia -- fear of money -- can take over the lives of people who suffer from it. They recoil from the sight of cash, flinch when touching or coming into contact with paper bills and coins.

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