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Bitcoin Becomes Part Of North Korea's Geopolitical Arsenal

• http://www.zerohedge.com, Tyler Durden

With tensions at an all-time high, North Korea is looking towards new means of pursuing their economic and defensive goals, and following increased cyber-attacks on South Korean cryptocurrency exchanges, it may be possible that North Korea is eyeing bitcoin as a hedge against geopolitical turmoil or even a means of skirting sanctions.

While North Korea has only limited access to petroleum due to increased sanctions and zero proved reserves of its own, the country isn't without resources. South Korean estimates suggest a possible trillions of dollars' worth of rare earth minerals waiting to be dug up. These include iron ore, zinc, copper, graphite, gold, silver, magnesite, and approximately $9.7 trillion worth of coal and limestone.

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