S Korea considers shutting down domestic cryptocurrency exchanges

If Koreans used the Luxembourg exchange they could save about $3000 per bitcoin. I wonder why they don't.

it is a pyramid scheme.

Yep. One of my coworkers cashed in his 401k and put it in bitcoin when it was at $3,000.

Does anyone actually know anyone personally who has made cash in the bank off bitcoin?

Know at least 20 people who have mined BC and about 95% of them have sold 25% at every double the last 10 yrs. Also know 2 people who decided to buy last fall and probably aren't very happy now.

The smart people are treating BC like you would a bet on some sports games. Use the money to make following it slightly interesting, but certainly don't put more than you can lose into it.

The stock markets have been gaining 25%/yr, so why try to invest in tulips?