Was just talking to a friend today and he mentioned that in 2017 0.3% of South Korea's GDP was driven by crypto currency related businesses. That's terrifying. While I love blockchain and crypto, the Korean populace and a small part of it's economy is highly leveraged into the crypto space, which is totally unhealthy. This kind of engagement from the whole country kind of explains the price differential we're experiencing between Korean and worldwide exchanges.
Was just talking to a friend today and he mentioned that in 2017 0.3% of South Korea's GDP was driven by crypto currency related businesses. That's terrifying. While I love blockchain and crypto, the Korean populace and a small part of it's economy is highly leveraged into the crypto space, which is totally unhealthy. This kind of engagement from the whole country kind of explains the price differential we're experiencing between Korean and worldwide exchanges.