• You didn't think it was going
    to be that easy, did you?
  • Orange before it was cool
  • All I'm offering
    is the truth
  • I need your clothes, your
    boots and your motorcycle
  • Suddenly it's not decades
    away - it's right now
  • “Life,” said Marvin dolefully, “loathe
    it or ignore it, you can’t like it.”
  • Madness, and then illumination
  • Resistance is futile
  • Let the Hunger Games begin
  • I am your father
  • Aren’t you a little short
    for a stormtrooper?
  • Into the garbage chute, flyboy!
  • I’ve got a very bad
    feeling about this
  • I find your lack of faith disturbing
  • Watch your future’s end
  • Clearly, fame isn’t everything,
    is it, Mr. Potter?
  • Ask why.
  • Fair and balanced
  • Here it is, your
    moment of Zen
  • Tell me what you don't
    like about yourself
  • You won't like us
    when we're angry
  • You're fired
  • Where's the beef?
  • More than just
    a princess
  • We've got to risk implosion
  • A fire-eater must eat fire
  • I want to see gamma rays!
  • Hey doll, is this guy
    boring you?
  • We need not to
    be let alone
  • Yada, yada, yada

Bitcoin has arrived in North Korea

An American Bitcoin fan has introduced the virtual currency to North Korea. But there’s a problem: they can’t do anything with it.


Forget all the talk of executions, prison camps and nuclear missiles. North Korea has finally entered the world stage with its very first Bitcoin transaction.

Thanks to a well-intentioned traveller who flew to North Korea with Dennis Rodman and his crew of ex-NBA stars, North Korean citizens finally have access to the cryptocurrency that has eluded them for so long.

Reddit user “BitcoinDPRK” posted on the site this morning about his North Korean Bitcoin adventures, detailing how he sent the first overseas Bitcoin transaction to a fellow Reddit user.

The anonymous American Bitcoin fan used North Korea’s expensive internet access option for foreigners to log onto Reddit and send over the virtual currency. At $200 for every 50MB of internet, it’s a pricey way of sending currency overseas.

However, BitcoinDPRK hasn’t just stopped at sending cryptocurrency back home, he has also given out Bitcoins to the people he has met in North Korea. Paper Bitcoin wallets have been handed out to North Korean tour guides.

The trouble? They can’t do anything with them.

With no internet access available to North Korean citizens, the only way to use Bitcoin is if any shops in the country accept it.

The Kernel contacted a representative of the North Korean government to ask whether there were any plans for Bitcoins to be accepted as usable currency. The response came as follows: “No, the Bitcoin is not used in the DPRK and not accepted there.”

So until Kim Jong-Un decides to embrace the exciting world of cryptocurrency, it seems that North Korea’s Bitcoins will remain utterly useless.


Subscribe to our mailing list

Stay informed. Join The Kernel by subscribing for free to our mailing list and receive exclusive content, offers and information relevant to you, direct to your inbox.

We collect email addresses solely for the purposes of keeping you up to date with our journalism, events, offers and other information we think you may be interested in. We never share your email address with anyone and we only use it to send you information about The Kernel that we believe you will enjoy.