at the end, every country will have some sort of crypto currency
it will be a bridge to easily enter to crypto space and invest in crypto
Topic: Good news form North Korea - page 2. (Read 635 times)
North Korea has become very interested in creating its own cryptocurrency and has a sufficient level of competence to move forward with this plan, But that's not all. On Sept. 10, Cao de Benos tweeted that the North Korean authorities have allowed citizens to own cryptocurrencies, and local developers “are designing crypto wallets and other related apps right now.
Great to heard about the good news, well" meaning crypto is important currency and a lot of government realized crypto are can bring good economic growth to adopt crypto at their nation. This decision of north korea to allowed crypto to use their people and to use crypto wallet is great decision to help people convinient to make online payment and transaction using the new technology.
Although quite controversial, this rumor is not something new. As a fairly strict country, North Korea plans to create their own cryptocurrency, of course, this makes it easy for governments to monitor the "activities" of their citizens, the internet is controlled. Either this is just a rumor to frighten the US or indeed a strategic step that might be able to go beyond Asian countries that have adopted cryptocurrency first. I am sure with the various benefits of using cryptocurrency, this could be not just a rumor.
North Korea though having a bad record. if they are really and genuinely embracing cryptocurrency for purposes of noble and civil economic expediency, this will go a long way in ensuring global acceptance. Who knows one day we will look back and remember them as having helped transform cryptocurrency perception.
there are lots of mouth watering projects in the news and I think they could bring money to the space. I hope we have some stable coin and more of volatile coins, cause volatile coin are liable to encourage massive trading volume and more fund. Asian market is big, with wider adoption and fund, they should not just delay any more.
Hmmm! little rocket man trying to get freedom for his citizens. This will help his citizens to gain from the global market, as for the state cryptocurrency, I am sure the US may thwart their effort because of existing sanctions. They should just adopt bitcoin as an alternative payment medium and forget sate own coin.
I think this is a big step or move by North Korea to get doors open for Cryptocurrencies.
This will not only benefit that country's users but will also help entire cryptocurrencies market a kind of boost due to increase in investment.
This will not only benefit that country's users but will also help entire cryptocurrencies market a kind of boost due to increase in investment.
I do not think that this is the way how to gain adoption of cryptocurrencies.
China, North Korea, ECB are creating own cryptocurrencies, but why they don´t use Bitcoin? They want to manipulate the system?
I think the point of creating national cryptocurrency projects is just that. This is a kind of analogue to the usual national currencies. Any state wants to control the financial processes in their country. National cryptocurrencies will allow full control of the blockchain systems and at the same time take full advantage of the technology.China, North Korea, ECB are creating own cryptocurrencies, but why they don´t use Bitcoin? They want to manipulate the system?
It's hard to believe this type of news because it sounds too impossible. North Korea's internet is restricted so how are they going to access cryptocurrency? Because of their culture and their government, it's impossible for them to accept crypto as another currency. Citizens are under the control of the government so it will be hard for them to access crypto on their own.
North Korea is a totally closed community. Kim Jong will declare himself the creator of cryptocurrency and make a statue of himself.
I don't mean to say North Korea is uncapable of creating something good as they are one of the best hackers in the world but any good that doesn't reflect with their general population is useless.
I don't mean to say North Korea is uncapable of creating something good as they are one of the best hackers in the world but any good that doesn't reflect with their general population is useless.
I do not think that this is the way how to gain adoption of cryptocurrencies.
China, North Korea, ECB are creating own cryptocurrencies, but why they don´t use Bitcoin? They want to manipulate the system?
I think the point of creating national cryptocurrency projects is just that. This is a kind of analogue to the usual national currencies. Any state wants to control the financial processes in their country. National cryptocurrencies will allow full control of the blockchain systems and at the same time take full advantage of the technology. China, North Korea, ECB are creating own cryptocurrencies, but why they don´t use Bitcoin? They want to manipulate the system?
This is big one. I wonder how public cryptocurrencies are going to be used there without problems? I thought the country has a closed internet/intranet of some sort. I guess the country's internet will eventually be open up to the world? This is probably mere rumor. You should have added a link to a credible source.
I also think that this is not true. Perhaps in part the cryptocurrency market will function there, but obviously not for all citizens. But time passes and it is possible that progress will take place even there. 
This is big one. I wonder how public cryptocurrencies are going to be used there without problems? I thought the country has a closed internet/intranet of some sort. I guess the country's internet will eventually be open up to the world? This is probably mere rumor. You should have added a link to a credible source.
This is definitely good news and thanks for sharing. Korea is very supportive of crypto/blockchain and it may be one of the first few countries who will widely use and accept crypto anywhere. Even the largest wholesale market on Korea developed their own coin as a reward to their customers, these things that they're doing will definitely help not just Korea's adoption to crypto, but is a small step towards it being used global.
Hoping that other countries will also start these initiatives and push crypto to the next level. This is such an amazing technology which solves current issues we have across different areas in the market.
Hoping that other countries will also start these initiatives and push crypto to the next level. This is such an amazing technology which solves current issues we have across different areas in the market.
As mentioned above it sounds like you're confusing north and South Korea. They may as well be different planets if you consider law and social policies.
Nothing positive comes from North Korea. In recent years there has been more propaganda than ever with journalists or photographers traveling there say it isn't that bad.
Any human with common sense can see through the bullshit. North koreans are one of if not the most oppressed people on the planet.
I watched a documentary where workers in a salt miner who had gone blind or partially blind received pro bono treatment to correct their vision. Some of these people were seeing the world again for the first time in a decade. The very first thing they did was not thank the doctor. No, they dropped to their knees and prayed to their great leader promising to mine more salt to make their government happy. That's terrifying.
I don't know why people are excited about this project, it is a dark project IMO and add nothing or no value to the space, it is not that North Korea will make Bitcoin legal for use in their country. Let's say one of the Western countries is the one diving into Cryptocurrencies then we can begin to cheer but an Authoritarian country.
This news had become a hot topic among Blockchain and crypto activists. North Korea has announced plans to hold an international blockchain and digital currency conference. This also marks the first time that industry experts are openly invited to the country. In addition, many analysts claim, North Korea might be supported by other countries - such as Iran, Russia or Venezuela which have already explored national digital assets to bypass US sanctions.
I do not think that this is the way how to gain adoption of cryptocurrencies.
China, North Korea, ECB are creating own cryptocurrencies, but why they don´t use Bitcoin? They want to manipulate the system?
China, North Korea, ECB are creating own cryptocurrencies, but why they don´t use Bitcoin? They want to manipulate the system?
North Korea has become very interested in creating its own cryptocurrency and has a sufficient level of competence to move forward with this plan, But that's not all. On Sept. 10, Cao de Benos tweeted that the North Korean authorities have allowed citizens to own cryptocurrencies, and local developers “are designing crypto wallets and other related apps right now.
Could be good news but many people have their own crypto will make market not good, too many competitor. So far, South Korea I believe not allow crypto in their country, blockchain yes but not with crypto. I think this is fake news, stay away from this rumors and good luck to you.
but I myself don't know whether that is true or false news, maybe we can find more information
North Korea has become very interested in creating its own cryptocurrency and has a sufficient level of competence to move forward with this plan, But that's not all. On Sept. 10, Cao de Benos tweeted that the North Korean authorities have allowed citizens to own cryptocurrencies, and local developers “are designing crypto wallets and other related apps right now.
Every country will create there own cryptocurrency in due time!
Everyone of them! there will be coins or tokens to lift them up!
that is the faith we are going to have! this is cryptocurrency like barter from FIAT and now from FIAT to crypto!
Its good that governments are interested about cryptocurrency. Crypto world still so small when we look from global economic perspective.
I also know a few countries who are also interested about developing their own cryptocurrency.
With these movement crypto become more popular between people and the value of the crypto will increase for sure.
I also know a few countries who are also interested about developing their own cryptocurrency.
With these movement crypto become more popular between people and the value of the crypto will increase for sure.
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