Bitcoin is a Baby Bull and SK knows what is up | CRYPTO NEWS Digest #12

This is Benjamin Davis with cointelegraph's Blockchain News Update. While the whole world seems to be freaking out that World War three is going to happen as a result of Donald Trump's Twitter war with Kim Jong Un, it seems like South Korea might be the only ones who aren't that concerned about it. They're actually planning ahead by partnering with Samsung to implement blockchain technology into their government systems. By 2022, everything will be working more efficiently, more securely, and have a much more transparent no matter what happens. Doesn't seem like they're that concerned. Watching bitcoin's price go up and up and up and up is a lot like watching a horse race where it turns out that your favorite horse is amazing, is actually a bull, and it's pulled ahead and it's going for the finish. And that seems to be how mainstream media is treating this, like bitcoin is just almost at its peak. But it's important to remember that this is a long race, it can go a lot further. And it's not like the other horses in this race are just show ponies. You have Ethereum whose price are up, you have Litecoin whose prices are up, and there's a lot of race left to run. So how far do you think bitcoin is going to go and who's your favorite pony in the race? With some good news and bad news, it seems that Kucoin is going to be reimbursing investors who, after investing in Confido where they were left with a $347,000 hole in their heart when all of that up and just disappeared. Now this is an important reminder. This story should shine a light on the fact that ICOs can be scammed and you always should be doing your homework before putting your money anywhere. This has been Benjamin Davis with our Blockchain News Update. Don't forget to subscribe and Visit us@cointelegraph.com.