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11 sats \ 2 replies \ @jimmysong 3 Dec \ parent \ on: South Korean president declares emergency martial law news
I know they have regulations on dollars flowing out (exchanging KRW->USD). Do they have them for dollars flowing in (USD->KRW)? Because if you can withdraw BTC, you can sell them elsewhere pretty instantly for USD (or even USDT) and exchange them for KRW to close the loop. I'm sure I'm missing something about what's happening which is why I ask.
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0 sats \ 1 reply \ @south_korea_ln OP 3 Dec
You're right, it's always harder to send out than to send in. So negative premium might be easier than the usual positive premium. I'm testing it out now~~
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100 sats \ 0 replies \ @south_korea_ln OP 4 Dec
Didn't last long. Premium went back down before I finished the loop. Well, at least I got to exchange some fiat for BTC.
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