History was made on June 11, 2018 (June 12th in Singapore) when President Trump met with Kim Jong-un, the leader of the Democratic People’s Republic of Korea (North Korea, or DPRK) to discuss denuclearization and peace talks. People are either enthusiastic, cautiously optimistic or skeptical of the outcome of these talks. But one thing is clear: PotCoin got 16 minutes of prime news time on CNN.
The joint statement signed by the two men at the Singapore Summit was a reaffirmation of the April 27, 2018 Panmunjom Declaration, where North Korea agreed to complete denuclearization. It is the beginning of a commitment to the establishment of relations between the US and North Korea, stability on the Korean Peninsula and the recovery of POW and MIA remains.
These peace talks come at a cost. Singapore has agreed to pay $20 million USD to host the event, according to Prime Minister Lee Hsien Loong who said that it was a cost that Singapore was willing to pay in the interest of regional stability. And, according to CNN, it could cost the US $1 million USD for each returned person’s remains. While Dennis Rodman was not involved in the negotiations, he had a lot to say on CNN during his 16-minute, emotionally-charged interview, and PotCoin was front and center in the mainstream news for the entire time.
Ten years ago, it would have been unfathomable that such a turn of events would have occurred. But here we are. The most optimistic outlook for the outcome of this and future meetings might look something like this: complete denuclearization of the Korean peninsula, thousands of political prisoners released from North Korean gulags, US manufacturing in the country to provide leverage against Chinese trade policies while bringing prosperity to the region, a unified Korea with the South Korean government handling administration and Kim Jong-un maintaining a symbolic role while his military leaders retire in beachfront condos built on the shores of North Korea to attract tourists to the area. Whether some or all of that happens remains to be seen, but there’s one more possible outcome: more people are introduced to cryptocurrencies in general and PotCoin goes to the moon.
We are not financial advisors, and you should speak with a professional if you are planning a major investment in cryptocurrencies. But it cannot be overlooked that PotCoin was featured on Dennis Rodman’s shirt during his entire 16-minute interview with Chris Cuomo on CNN.
— TIME (@TIME) June 11, 2018
PotCoin is positioning itself as a banking alternative for the cannabis industry. With the possibility that federal restrictions on the plant may be lifted, this industry could be booming not just in the few states that have legalized the business, but across the country. There are several cannabis-inspired coins vying for the top position among investors. CannabisCoin and DopeCoin are among PotCoin’s competitors. As they did not get the airtime that PotCoin received in such a monumentous political event, it’s possible that PotCoin may find itself reaching an all-time-high because of this news.