# NEWSLETTER — North Korea Adopts Stolen Bitcoin as Legal Tender

> The Rug's Mostly Credible Inbox Fodder #20

**Published by:** [The Rug](https://therugnews.com/)
**Published on:** 2023-10-22
**Categories:** newsletter, web3, crypto, satire, comedy, news
**URL:** https://therugnews.com/north-korea-adopts-stolen-bitcoin-as-legal-tender

## Content

Illegal legal tender is preferred in North Korea.Letter From The EditorDearest Operating Systems, There's a twinge of fall in the air and a looming sense that the bear market just may be over but in the meantime be grateful that that NFT guy is finally talking about other things, Kathy Wood says Bitcoin is going to 100K by tomorrow, and North Korea adopted stolen bitcoin as legal tender. Despite the rigamarole, we keep shipping amidst this existential experience known as crypto-life. Why? Because Taylor Swift X Travis Kelce launched a temporarily awesome project, Michael Saylor bought The Fed for one bitcoin, and Charles Hoskinson has been hiding the Cardano whitepaper in somebody's backyard. Friggin' Charles... Not to mention, we are proudly introducing The Mostly Credible News Update (MCNU) complete with balderdash headlines and cinematic panache from The Rug's Allyn Bryce. And, Friend Tech is killin' it with the post what you put on Twitter anyway strategy, Bitboy started a cult, and Solana holders approved their own ETF. To top it all off, Perchy's latest NFT featured The Rug and an article in Decrypt had @humandao thinking it was a headline from The Rug. *Dusts off shoulder* What are you waiting for? A bull market... Less go, Introducing: Mostly Credible News Update If Stephen Colbert and John Stewart had a baby, that'd be weird. But so is The Rug's Mostly Credible News Update. Brought to you twice a month(ish) by The Rug's Allyn Bryce, with a little help from his friends. Don't miss the first MCNU which racked up 5K views on Twitter (we don't call it X). The Rug | ArticlesPREMIUM — SEC Cracks Down on USDWASHINGTON — SEC Gary Gensler is cracking down on the US Dollar. Gensler stated in a recent press conference that the “so-called USD” is a danger to our fiscal prosperity. Co-presenting at the event was FED chair Jerome Powell who... [cont. reading] Level up to The Rug Premium and get exclusive access to this and future exclusive monthly articles, a premium member-only NFT badge, and access to a Discord channel with The Rug writers. $2/month, infinity laughs a year. The math checks out. We have a math scientist on staff.SubscribeMichael Saylor Makes Token Bid on Federal Reserve For 1 BitcoinTYSONS CORNER — Tech mogul Michael Saylor wants to buy The Federal Reserve. Inside sources say Jerome Powell met with Saylor at his offices in Virginia last week... [cont reading]Travis Kelce and Taylor Swift Team Up to Launch "Temporary" ShitcoinKANSAS CITY — Kansas City Chiefs' star Tight End, Travis Kelce, and global superstar, Taylor Swift, are taking their relationship to the next level. Their newly launched digital currency, aptly named "Temporary," is creating waves of curiosity and speculation in... [cont. reading]Charles Hoskinson Has Been Hiding the Cardano Whitepaper in My Backyard for Years and I’m Getting Sick of itBOULDER — For the last seven years, Cardano founder Charles Hoskinson has been sneaking into my backyard, between midnight and 4 a.m., and hiding the Cardano whitepaper, and I’m... [cont. reading] The Rug | Twitter HeadlinesBREAKING — Say Your Prayers, Take Your Vitamins, and Hide Your Lambos—Bitboy Announces New Cult The Rug | Crypto News @TheRugNews BREAKING — Say Your Prayers, Take Your Vitamins, and Hide Your Lambos—Bitboy Announces New Cult #TheRug 7 8:34 AM • Oct 6, 2023 "Donations" are currently being accepted.MARKETS — Friend.Tech Succeeds With The Pay Me For What I Put on Twitter Strategy The Rug | Crypto News @TheRugNews MARKETS — Friend.Tech Succeeds With The Pay Me For What I Put on Twitter Strategy #TheRug #FriendTech 5 12:47 AM • Oct 4, 2023 Real friendship is bought, not earned.BREAKING — Solana ETF Approved By Solana Holders The Rug | Crypto News @TheRugNews BREAKING — Solana ETF Approved By Solana Holders #TheRug #Solana 10 10:02 AM • Oct 3, 2023 It really is that easy, folks.POLITICS — Agency With Jurisdiction Over Securities Eager to Classify More Things As Securities The Rug | Crypto News @TheRugNews POLITICS — Agency With Jurisdiction Over Securities Eager to Classify More Things As Securities #TheRug 7 12:54 AM • Oct 3, 2023 Spray and pray securities oversight ftw.BREAKING — North Korea Adopts Stolen BTC as Legal Tender The Rug | Crypto News @TheRugNews BREAKING — North Korea Adopts Stolen BTC as Legal Tender #TheRug 20 3:23 AM • Sep 28, 2023 You are just not allowed to own any is all. State property and all that.MARKETS — NFT Guy Is Finally Talking About Other Things The Rug | Crypto News @TheRugNews MARKETS — NFT Guy Is Finally Talking About Other Things #TheRug 7 12:52 AM • Sep 26, 2023 There's always something to talk about. At least it's changing. The Rug | Vol. III Issue 1Still Available!Limited 69/69 edition for the meme-worthy price of 0.0069 ETH. We are kicking off the new volume on a new platform—Manifold.xyz—but bringing the usual Rug heat, including a look at bitcoin lost at sea, a totally different blockchain, and friends becoming securities. If we made you laugh, consider picking up a copy and supporting the publication.https://app.manifold.xyzThe Rug Vol. III Issue 1The Rug is the premiere crypto-satire brand in Web3. We've shipped six issues of Vol. 1 and six issues of Vol. 2 to date. Owning any of these NFTs grants an additional role in our Discord, much respect, and a special place in our wallet.Picking up an NFT helps perpetuate the jokes, as well as netting you a special tag in our Discord once you verify.Calls to ActionUpgrade to Premium to get all the hardest-hitting articlesSnag a copy of The Rug | Vol. III Issue 1Follow us on Lens or check us out on WarpcastShare the funny with a friendSubscribers, join our discord and come hang out in the loungeSubscribeSponsor: Hit us up on X. It's ok, we don't mind. Value for Value: If you don't not like any of our NFTs, articles, headlines, podcasts, or newsletters and want to support shoot some ETH to TheRugNews.eth.The Rug is a media property spun out of BanklessDAOBonus Content: Discord access and October Rug Crew Badge.Rug Basic and Premium subscribers may enter here. Join the Discord Join hereOctober Rug Crew BadgeGrab the latest crew badge and sew it directly onto your Degen Scouts sash. Collect NFT

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