How Korea’s Crypto Scene Differs From That of the US

Joyce Yang, founder of Global Coin Research, discusses the crypto scene in Korea today. An epicenter of the crypto craze in 2017, Korea still has a number of young people pinning their hopes and dreams on crypto, as described in an article in The New York Times this week. Yang talks about the societal factors that have led to this trend, as well as the common practices in investing that make Korean VCs less shrewd investors, which, in turn, makes Korean technology startups less competitive. However, she also explains why she’s still optimistic about crypto development there, noting one project, Terra, that looks interesting and describing the vibrant Tezos Korea community. (Joyce is consulting with Tezos.)

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Episode links

Global Coin Research: https://globalcoinresearch.com

Joyce Yang: https://twitter.com/JoyceInNYC

Joyce’s tweet storm on Korea:

https://twitter.com/JoyceInNYC/status/1089716206544637952

The New York Times story on why Koreans are pinning their hopes and dreams on crypto: https://www.nytimes.com/2019/02/10/business/south-korea-bitcoin-cryptocurrencies.html

Terra: https://terra.money

Hashed: https://www.hashed.com

Global Coin Research/Tezos podcast: https://itunes.apple.com/us/podcast/introduction-conversation-arthur-breitman-diego-olivier/id1451821045?i=1000429387176&mt=2

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