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FILE – In this July 27, 2013, file photo, North Korean soldiers turn and look towards leader Kim Jong Un as they carry packs marked with the nuclear symbol during a military parade in Pyongyang, North Korea how to buy and sell bitcoin. North Korea’s nuclear and missile programs have without doubt come at a severe cost linux bitcoin miner. Even so, the North has managed to march ever closer to having an arsenal capable of attacking targets in the region and _ as demonstrated by its July 4 ICBM test launch _ the United States’ mainland. (AP Photo/Wong Maye-E, File)

North Korea’s nuclear and missile development programs have without doubt come at a high cost, but the North has managed to march ever closer to having an arsenal capable of attacking targets in the region and – as demonstrated by its July 4 test launch of an intercontinental ballistic missile – the United States’ mainland.


For context: one nuclear-powered Virginia class attack submarine costs the United States Navy about $2.5 billion bitcoin today. The USS Gerald Ford, America’s newest aircraft carrier, has an $8 billion price tag, not counting development costs.

South Korea’s Ministry of National Defense estimated the cost of the first 31 ballistic missiles Kim test-launched from when he took power in late 2011 until July last year at $97 million bitcoin 2011. It put the price of each Scud at $1 million to $2 million; each Musudan from $3 million to $6 million; and each submarine-launched ballistic missile at $5 million to $10 million micro bitcoin to usd. Up until July last year, Kim had launched 16 Scuds, six Rodongs, six Musudans and three SLBMs.

That’s a matter of heated debate bitcoin income. But the $2 billion it made in exports in 2015 would not begin to cover it bitcoin stock price. North Korea is also believed to have relied on foreign currency sent by tens of thousands of laborers dispatched abroad, as well as exports of illegal weapons and cybercrime.

Its military-spending-to-GDP ratio far exceeds any other country, but in monetary terms it spends much less than its neighbors, including South Korea and Japan, and its budget is absolutely minuscule when compared to the United States.

Curtis Melvin, a researcher at the U.S.-Korea Institute at Johns Hopkins University, said that if the South Korean nuclear-program estimate is correct it would be a significant – but not necessarily destabilizing – draw on the North’s economy.

"This is expensive, but probably a cost the country can absorb without fomenting much resentment among North Korean elites," he said. "In fact, North Korean elites would probably feel less secure without a nuclear program even if its costs relative to the economy as a whole were higher."

Melvin said the economic situation for common North Koreans would have to be in near ruin, with domestic resentment among elites reaching dangerous levels, before North Korea would reconsider its nuclear program.

While certainly expensive, the North’s nuclear strategy is in one sense a potential source of savings – once developed, maintaining a viable nuclear deterrent is less costly than paying for its conventional, million-man military buy bitcoins with stolen credit card. Once it has reliable nuclear arms, North Korea could reduce its spending on other areas of the military and redirect those savings toward the domestic economy.

Officially announced budgets have shown increases in funds for the public good, and Kim has adopted as his guiding policy a strategy of simultaneously developing the country’s nuclear arsenal and the national economy buy bitcoins reddit. Outside estimates indicate the North’s GDP has been growing slowly or at least holding steady since he became leader, and there has been visible growth in construction and infrastructure projects, along with the production of consumer goods, over the past five years.