Chapter
Capturing the "Kimchi Premium" in Bitcoin Trading
02:08 - 08:26 (06:17)
This podcast episode features a discussion on Bitcoin trading and the strategy used by some traders to capture the "Kimchi Premium." The guest on the show shares his calculations and plans to make a profit from converting Bitcoin to local currency in several Asian countries.
Clips
The founder of Alameda Research, Sam Bankman-Fried, defies the persona of a typical self-made billionaire.
02:08 - 03:17 (01:08)
Cryptocurrency
Summary
The founder of Alameda Research, Sam Bankman-Fried, defies the persona of a typical self-made billionaire. He started his career as a hedge fund trader before diving into the world of cryptocurrency.
ChapterCapturing the "Kimchi Premium" in Bitcoin Trading
Episode#171 - How to Generate Millions from Paid Events (Bootstrapped)
PodcastMy First Million
An individual contemplates the possibility of capturing the "kimchi premium" by buying Bitcoin in the US, selling it in Korea, and then converting it back into US dollars every day.
03:17 - 08:26 (05:09)
Bitcoin
Summary
An individual contemplates the possibility of capturing the "kimchi premium" by buying Bitcoin in the US, selling it in Korea, and then converting it back into US dollars every day. However, this action could potentially be viewed as money laundering.