Ki Young Ju, founder and CEO of CryptoQuant, posted on the X platform that if Michael Saylor (founder of MicroStrategy) was born in South Korea, he would probably go to prison. South Korea is not a bitcoin-friendly country, and it is difficult to encourage companies or governments to adopt bitcoin fiscal strategies without politicians who truly understand bitcoin. No one knows what is happening now. Ki Young Ju added that the South Korean president knows nothing about bitcoin, the Korea Securities and Exchange Commission hates bitcoin, and the Korea Internal Revenue Service wants to use bitcoin to collect taxes. They are completely out of sync and a complete farce.