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Bitcoin News

North Korea’s Kim Jong Un Orders Citizens to Buy Bitcoin: Fact Check

Written By:
Kritika Mehta

Reviewed By:
Jahnu Jagtap

Last updated: May 31, 2025 11:10 AM
Published May 31, 2025 2:17 AM
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Last updated: May 31, 2025 11:10 AM
Published May 31, 2025 2:17 AM
North Korea's Kim Jong Un Orders Citizens to Buy Bitcoin Fact Check

A viral video circulating on social media claims to show North Korean leader Kim Jong Un delivering an “emotional” speech about Bitcoin. In the video, Kim looks like he’s ordering people to buy Bitcoin at all costs. He seems to be saying: “Take all your money, buy Bitcoin, then take all your time, figure out how to borrow more money to buy more Bitcoin.”

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

— Vivek Sen (@Vivek4real_) July 3, 2024

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

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)Fact CheckNorth Korea
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Kritika Mehta- Former Sub Editor at The Crypto Times
By Kritika Mehta
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Kritika Mehta is a Sub Editor with over 4 years of experience in news writing, crypto news sourcing, editing, and covering topics across fintech and the stock market. She holds a BA in Journalism and Mass Communication and is certified in Multimedia Journalism. Kritika combines editorial precision with a sharp news sense to ensure content is accurate, engaging, and timely.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
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Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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