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Thank Kim Jong Un for your crypto gains
- jrs235 9y agoIs only a matter of time until trading/exchanging crypto currency and/or converting to $'s is outlawed.
- halamadrid 9y agoI don't think that will happen anytime soon. It's hard to see everyone we thought was trustworthy and will do the right thing doing exactly the opposite and take advantage of the situation. 1. Goldman Sachs going to open trading desk 2. CBOE launches futures 3. CME launches futures 4. Fed sells seized cryptos from silk road 5. ... The list of things that makes this as genuine as it can be goes on and on. It's a repeat of the 2008-09 crash from sub prime loans. Everyone knew what was happening. But they just wanted to make as much money from the situation before getting out. Of course Lehman Brothers didn't get out in time.
- dahdum 9y agoIt's still speculation that NK is behind these attacks, but even if they were, how would that increase the price? If they had untold millions of BTC, they'd have to offload it at large discounts. They would be trying to trade out of BTC, not into it.
- hrasyid 9y agoNot clear from the article how he would cash out those gains?
- jrs235 9y agoHe doesn't cash out the gains. He trades the bitcoins for the things his country needs. He launders using bitcoins the same way thieves and drug dealers launder using Tide.