Showing 1-10 of 30 results
-
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?
-
The rise of consumer cryptocurrency
News, Published on 26/02/2024
» Since its inception with the launch of Bitcoin in 2008, blockchain technology has gone through numerous cycles of public attention. Over time, growing interest and investment in the best-known cryptocurrencies has led to greater acceptance, as highlighted by the US Securities and Exchange Commission's approval of a spot Bitcoin ETF (exchange-traded fund) in January. While blockchains and their associated "crypto" assets have yet to be adopted by a truly broad base of consumers, that is starting to change, owing to a shift in how these technologies are being used.
-
'Worthless, risky' cryptocurrencies should be banned
Oped, Published on 12/02/2022
» The price of Bitcoin has undergone yet another wild gyration, rising from $41,030 (1.3 million baht) on Sept 29, 2021, to $69,000 on Nov 10, 2021, before falling back to $35,075 on Jan 23. That is its second-largest decline in absolute value, though it has suffered larger declines in percentage terms, such as between Dec 15, 2017, and Dec 14, 2018, when it fell by 83.8%. More broadly, the cryptocurrency market (comprising some 12,278 coins) was estimated to be worth $3.3 trillion on Nov 8, 2021, before plummeting to $1.75 trillion as of Jan 30.
-
Industry rules are broken, not cryptocurrencies
News, Published on 31/08/2023
» When the Venetian merchant Marco Polo travelled the Silk Road in the thirteenth century, he encountered not only unfamiliar peoples, but also new (to him) forms of finance. In China, he was shocked to learn that Kublai Khan had introduced paper money. It was lighter, easier to transfer and store, and more valuable than the metal coins packed in his purse. After returning to Venice, Marco Polo taught his fellow merchants how to use the Khan's innovation. Even though some rejected the flat, foldable currency, arguing that it was no gold and never would be, paper money would change the world.
-
Is a global recession really coming up?
Oped, Jeffrey Frankel, Published on 19/01/2023
» The world's leading economists spent most of 2022 convincing themselves that, if the global economy was not already in a recession, it was about to fall into one. But with the year 2022 end, the global slump has been postponed to the present 2023.
-
Crypto's path to deep crisis is well-worn
News, Published on 05/12/2022
» Swiftly rising interest rates have punctured the cryptocurrency bubble, exposing fragility, bad governance and even fraud in many corners, most notably at the crypto exchange FTX. And FTX's spectacular collapse comes on the heels of other recent failures in the cryptosphere, such as Terra-Luna, Three Arrows Capital or Voyager Digital. No one should be surprised -- not even at how many people were surprised.
-
How can web3 technology help protect privacy?
Oped, Published on 14/09/2022
» The US Department of the Treasury's Office of Foreign Assets Control last month sanctioned a technology called Tornado Cash, on the grounds that it "has been used to launder more than $7 billion (over 253 billion baht) worth of virtual currency since its creation in 2019". Such enforcement measures are nothing new. But what makes this case unique is that Tornado Cash is a piece of open-source software.
-
Crypto scam alarms ring
Oped, Editorial, Published on 15/09/2022
» The widespread impact of cryptocurrency investment scams that have hit the headlines in recent weeks highlights the need for improved financial literacy among investors, especially the young, as well as tougher regulations to prevent these financial crimes.
-
Wise up to Ponzi peril
Oped, Editorial, Published on 26/08/2022
» Criminals running Ponzi schemes like "Share Mae Manee" or the recent "Forex 3-D" under the guise of a company are nothing new in this country.
-
Shaping up for our digital future
News, Published on 30/08/2022
» Asia and the Pacific is the most digitally divided region of the world, and Southeast Asia is the most divided subregion. The Covid-19 pandemic detonated a "digital big bang" that spurred people, governments and businesses to become "digital by default"; a sea change that generated vast digital dividends. These benefits that have not been distributed equally, however. New development gaps have emerged as digital transformation reinforces a vicious cycle of socioeconomic inequalities, within and across countries.
Your recent history
-
Recently searched
-
Recently viewed links
Did you find what you were looking for? Have you got some comments for us?
