January 19, 20182min845

South Korea’s citizens taking the matters into their own hands

South Korea’s citizens started a petition.

A lot is happening in South Korea, with a potential ban on trading with cryptocurrencies and some inspection regulations already in place. It now seems the South Korea’s citizens have taken the matter into their own hands.

The petition they started, already has more than 250.000 signatures. Among other things the citizens pledge that any politician voting in favor of restrictions will not be re-elected when new elections take place. They are also stating that the government is “taking away their dreams”.

As the pressure is starting to pile up on politicians, looks like the tide is already turning for the citizens. Strangely, the Korean government is now reportedly willing to introduce their own cryptocurrency. They can now see the long-term potential in the market.

It will probably take time until the South Korean government is fully on board but at least people’s enthusiasm is forcing them to realize the potential that blockchain has in their daily lives.


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