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INSIDE KOREA’S CRYPTOCURRENCY DRAMA: SUICIDE, DIVORCES AND BROKEN HOPESby@coinswitch
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INSIDE KOREA’S CRYPTOCURRENCY DRAMA: SUICIDE, DIVORCES AND BROKEN HOPES

by CoinSwitch4mMay 14th, 2018
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<span>S</span>outh Korea is the 11th largest economy in the world. It is home to tech giants like Samsung, Hyundai and Kia. The country boasts of a highly educated economy. But as of 2016, its underemployment rate stood at 38 percent that led to many in working jobs that they were overqualified to do. Even individuals with an impressive employment track record found it difficult to afford the average rent of 426 million Won ($400,000). The rising cost of living and the unavailability of an alternate way of earnings had sent the tech savvy millennial into a feeling of depression and hopelessness and making them believe that they won’t fare better than the previous generation.

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