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RE: South Korea Bitcoin Frenzy: Everyone is Rushing to Invest in Cryptocurrencies
War and uncertainty in some region of the world will heavily influence the value of these cryptos. We see massive growth in South Korea and Japan due to uncertainty of North Korea and possible war breakout.
People now have option to move their assets to digital assets like Bitcoin and still have access to when uncertainty happens. Imagine a scenario, you are in South Korea and own a Factory, few farms and couple of houses. Now imagine war breaks out with North Korea, and you have to run, but you can't take your properties with you. It is bit useless in this event.
The more missile little Kim fires the more value of BTC rises.