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RE: South Korea shoots out the lights and breaks through the ceiling.
I was thinking the same thing, but look at the reaction on the ground:
https://steemit.com/cryptocurrency/@jrcornel/look-what-happens-when-you-try-to-ban-cryptocurrency
Plus this news:
https://steemit.com/eos/@eosio/richard-jung-former-ceo-of-bithumb-joins-block-one-as-head-of-korea
And it's not clear that the "ban cryptocurrency" crowd currently has any political clout in South Korea.