Dennis Rodman Visits North Korea, Wearing PotCoin T-shirt

Former NBA superstar, Dennis Rodman makes a controversial visit to North Korea that was sponsored by the Potcoin, a cryptocurrency for legal cannabis industry.

Rodman’s purpose of visit still stands unclear while Potcoin’s aim was publicity and promotion, which worked well in their case.

For the $100 billion worth global legal cannabis industry, Potcoin is claimed to be an extremely secure cryptocurrency network and banking solution.

Despite marijuana being legal in some states in the U.S, banks avoid dealing with the sector completely in order to avoid Money-Laundering and Compliance issues as marijuana is illegal in the United States under federal law.

Rodman was flaunting a Potcoin t-shirt when he reached North Korea. Soon after he thanked PotCoin for helping him achieve his mission.

Even though North Korea is called cannabis paradise PotCoin’s sponsoring Dennis Rodman’s visit doesn’t seem to have a connection.

Even though the motive of visit still remains unclear, PotCoin gained its share of publicity. After-all, all publicity is good publicity which could be seen with PotCoin’s value going up on Tuesday by 97% passing $0.18. 

Recent Posts

Ripple’s XRP is skyrocketing as the team celebrates three wins in a row in its SEC lawsuit

This Friday, U.S. Judge Sarah Netburn granted Ripple’s motion to keep its CEO’s financial records private after the Securities and Exchange Commission…

21 hours ago

SEC’s Crypto Mom is calling for the U.S. to catch up and considers a ban on Bitcoin foolish

According to Hester Peirce, an American lawyer and Commissioner at the US Securities and Exchange Commission (SEC), a government ban…

21 hours ago

Bloomberg expects Bitcoin price to land on $400,000 in this halving cycle

In the latest edition of its monthly “Crypto Outlook,” Bloomberg, senior strategist Mike McGlone reports on the bullish narrative around bitcoin…

22 hours ago

Coinbase high valuation is not a “done deal”, as analysts issue some caution ahead of its direct listing

Looking ahead to next week’s Coinbase direct listing, analysts conclude that by no means it is a “done deal” game…

22 hours ago

Bitcoin’s adoption is at a “tipping point”, according to Fidelity Investments Executive Tom Jessop

During an interview at Marketwatch and Barron’s “Investing in Crypto” event, Tom Jessop, Head of Fidelity Digital Assets at Fidelity…

3 days ago

Cardano’s Alonzo upgrade is expected to be live by end of summer

In a blog post that was announced on their Twitter page on Thursday, The Input Output HK (IOHK) team outlined…

3 days ago