So, the Bank of Korea, bless their bureaucratic hearts, decided Bitcoin is too much of a wild stallion for their tame financial stables. 🐎💸 They got this fancy letter from some politician, Cha Gyu-geun, asking if they’d consider throwing a few satoshis into their reserve chest. 😂 You know, just in case the won tanks and they need a quick buck.
But, no dice! The BOK officials, clutching their treasury bonds like precious jewels, threw a bucket of cold water on the idea. “Bitcoin’s price is all over the place!” they cried, “It’s more volatile than my great aunt’s borscht recipe!” 🤪
Apparently, they’re worried about those pesky transaction fees, especially when the market decides to throw a tantrum. They’d rather stick to their old-fashioned gold and dollars, thank you very much. Even though, you know, the U.S. President just decided to buy a bunch of Bitcoin 🙄
Meanwhile, some crypto-loving folks in South Korea are begging the BOK to join the 21st century and at least dabble in a stablecoin. But the BOK is like a grumpy old babushka, shaking her head and muttering, “Bah! Young people with their silly newfangled ideas!” 👵
It seems the Bank of Korea is sticking to its guns (and rubles and won, of course). They’re not ready to join the Bitcoin party just yet. Maybe someday… maybe.
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2025-03-17 09:56