PotCoin

Last night, Dennis Rodman (aka – “The Worm”) appeared on CNN’s Cuomo Prime Time live from Singapore and gave his perspective on the Trump/Kim summit. To put it mildly, the interview was… something. Rodman donned a red “Make America Great Again” hat, cried, and also wore a “PotCoin.com” shirt.

Rodman was not there at the request of any government and claimed he was there to support his friends Trump and Kim . Rodman knew Kim from his unofficial diplomatic visits to promote basketball, and he knew Trump from appearing on his reality show a couple times. During Rodman’s 2013 appearance on The Celebrity Apprentice, he asked Trump if he wanted to go to North Korea. Trump declined and later Tweeted:

While he wasn’t there in an official capacity, he was definitely there in a promotional capacity.

PotCoin is a digital currency focused on the marijuana industry, and its website claims it is a “network and banking solution” for the global legal marijuana industry. It paid for Rodman’s trip to the summit and had previously paid for Rodman’s 2017 trip to North Korea, where they also wore t-shirts and hats with the cryptocurrency’s logo. North Korea lists marijuana as a controlled substance in the same category as heroin and cocaine. Singapore also considers the plant to be a controlled substance, and the punishment for possession is death.

While past trips have resulted in declines in its value, early indications suggest PotCoin got its money’s worth from the Singapore trip. Yesterday, a single unit of PotCoin was worth $0.07, and its entire market capitalization was just over $17 million. As of this writing, it’s now worth just below $0.10 with a market cap just under $21.5 million. And it’s still going up.

Final note – Former Director of National Intelligence James Clapper claimed after the Dennis Rodman interview that Rodman “is our best resource at this point right now for understanding the minds of the two men, especially Kim Jong Un.”

Sadly, we live in interesting times.