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Joo Ki-young: "South Korea Needs Strategic Bitcoin Reserves"

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Son Min
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  • Joo Ki-young, CEO of CryptoQuant, stated that strategic Bitcoin reserves are important for South Korea.
  • He mentioned that the won-dollar exchange rate is expected to reach its highest level in 15 years.
  • He raised the need for a digital gold collection campaign, emphasizing that South Korea should reserve Bitcoin.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

There is an argument that South Korea is the country most in need of strategic Bitcoin reserves.

On the 17th (local time), Joo Ki-young, CEO of CryptoQuant, stated on X, "The won-dollar exchange rate is expected to reach its highest level in 15 years," and added, "In 1998, during the IMF bailout, we overcame the crisis through a gold collection campaign." He continued, "A digital gold collection campaign may be necessary," emphasizing that "South Korea is the country most in need of strategic Bitcoin reserves."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit