Kim Jong Un Mandates Bitcoin Purchases for North Koreans—Fact or Fiction?

Rumors swirl as unverified reports claim North Korea’s leader is forcing citizens into crypto. No official confirmation—just another day in the wild west of geopolitics meets decentralized finance.

Meanwhile, hedge funds still can’t decide if Bitcoin is a currency or a collectible. Some things never change.

Is North Korea’s Kim Jong Un Urging People to Buy Bitcoin?

However, this is not an authentic clip of Kim Jong Un. The video is a deepfake that mismatches visuals of the North Korean leader with audio from a speech made by Strategy Executive Chairman Michael Saylor.

“There is no second best crypto asset,” the voice says in the video. The video adds, “There’s a crypto asset, it’s called Bitcoin, right? There is no second best, okay?”

🇰🇵 North Korean Leader Kim Jong Un urges citizens to buy the #Bitcoin dip in an emotional speech. pic.twitter.com/DO9DeB0yYw

The original audio comes from a widely shared clip of Saylor promoting bitcoin as the superior digital asset. In this speech, he also declares: “Go mortgage your house and buy Bitcoin with it.”

The mismatch between the lip movements and the audio in the video, combined with the known source of the speech, confirms the clip is fake. It’s most likely that Deepfake technology used to overlay Saylor’s words onto the footage of North Korea’s Kim Jong Un.

This video is a clear example of misinformation in the crypto community. Thus, viewers are urged to verify sources before sharing sensational content. Hence, it’s important to note that the actual speaker in the video is Michael Saylor, not Kim Jong Un.

Also Read: China to Buy $300 Million XRP for Crypto Reserve: Fact Check