Scary, hope that other countries will not follow S. Korea

[JA8]

I'm generally a bit of a contrarian, so I'll just say that whilst other countries following suit isn't likely to be a good thing, if South Korea bans crypto (and I'm betting they will eventually), the whole space will go 10X.

Thats what happened when China finally banned Bitcoin anyway. Removes doubt (non-participating territories can no longer have an impact on price), and increases scarcity / desirability. As others have stated, SK will find a way to buy in even if not via SK-based exchanges.

Edited January 11, 2018 by JA8