And what does it have to do with Bitcoin?
It looks like you are desperately looking for proofs that would confirm your theory. If the facts don't fit in very well, all the worse for the facts. If some people are trying to earn on the future collapse, Bitcoin wouldn't be not very useful vehicle for that. They would obviously use more reliable tools like the US dollar. If you think that this is where capital flight restrictions kick in, that could be instantly proved by the black market arising for currency exchange operations (or disproved by the lack of one). If there is none (I don't know), maybe, your theory is not as good as it seems to you?
Bitcoin does have a good part to play in the whole scenario of capital flight, assuming its that, because its easy to move large amounts out of the country without alerting the banks
And how are you going to do that?
You would still have to move fiat to these exchanges anyway, so you can't possibly not alert banks unless you move crypto in and crypto out (or just dust). But in that case the whole idea is meaningless. Bitcoin is not very handy because, as I just said, you still have to use banks, and, the point is, you can't secure wealth worth millions of dollars this way. I don't think that the Korean Bitcoin exchanges have that level of liquidity. It looks more like you are searching in the wrong place for the wrong causes (at least, in respect to premiums paid on these exchanges)
Ok. Thanks for the feedback.So would it be safe to assume that its all just speculation and nothing but hype? Why would they pay for such a premium unless fiat withdrawals are not allowed just like what happened to BFX.
