Introduction:

Yes, you heard that right!

Many south Korean companies are following the new south Korean president, named: Yoon Suk-yeol(at the beginning of the year he decided to share some benefits for cryptocurrency investors), and starting cryptocurrency adoption in South Korea, for what reason they are doing that?

• It’s impossible to trust in government when the country close your borders is a dictatorship like North Korea is;

• To reduce inflation and people’s poverty;

• To share with the mainstream media, and create a new source of income for the people;

•  Because they have a president smarter than my president(haha, only a little joke).

How does it work?

Mirae Asset Securities e Samsung Securities have decided to use this new financial system to share with the public about the best opportunities available to create a source of income with Bitcoin, Ethereum, and other cryptocurrencies.

South Korea will be the next El Salvador in crypto adoption?

For those who don’t know El Salvador was one of the first countries around the world to adopt Bitcoin as an official currency, president Nayib Bukele has decided to send some amount of Bitcoin to the people in his country as a form to bring mass adoption to cryptocurrencies/Bitcoin.

Only time will tell if South Korea it will be good enough to have a mass adoption to cryptocurrencies/NFTs and other digital assets like El Salvador and their president are doing.

Conclusion:

Let’s see what it will be this novel in the next years ahead to understand if the cryptocurrencies will have a new hometown in South Korea, and/or other mass adoption in a new country.