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He's not the Korean elite. He screwed over the Korean elite. They will throw the book at him I'd guess.
by anm89 4y ago
He's not the Korean elite. He screwed over the Korean elite. They will throw the book at him I'd guess.
- JumpCrisscross 4y ago> He screwed over the Korean elite There is zero chance they’re falling for crypto. This is a problem for the gambling masses. To the degree it harms any elite, it’s by introducing political instability in Korea and reducing Singapore’s standing as a stable financial centre.
- anm89 4y agoa) Screwing over a large amount of the Korean population is screwing over the korean elite(because it creates a populist outcry) (I lived in Korea for years. And I can tell you that a way higher percentage of the population is betting on crypto than in western countries b) This appears to be across the socio economic spectrum. If you think there aren't a ton of rich people throwing money into crypto I guess I'll just say I think you are wrong.
- tim333 4y agoI know a friend of a friend who is Korean elite and who made then lost a lot in Luna.