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  • News & article

    Authoritarian cryptocurrencies are on the march

    News, Leonid Bershidsky, Published on 18/10/2017

    » With Russia and China both embracing the idea of sovereign cryptocurrencies, it's time to ask a simple question: Why is a technology threatening to decentralise money so attractive to highly centralised, authoritarian regimes?

  • News & article

    Crypto markets aren't all the same

    News, Leonid Bershidsky, Published on 23/01/2018

    » There's a compelling reason to consider what's going on with cryptocurrencies a purely speculative boom-and-bust roller-coaster: Over a three-month period, the prices of all the top coins and tokens are rather strongly correlated, going up and down in unison. What does that make them if not the 21st-century incarnation of tulip bulbs?

  • News & article

    Digital currencies can hurt the US

    News, Leonid Bershidsky, Published on 06/12/2017

    » Venezuelan President Nicolas Maduro's announcement that the Latin American country will issue a cryptocurrency called the petro to overcome a "financial blockade" by the US probably mirrors the thinking of other maverick regimes. The possibility of sanctions-busting, and generally finding a way to work outside the Western-dominated global financial system, makes cryptocurrencies attractive to non-Western nations, and the more so to rogue regimes.

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