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Showing 1-4 of 4 results
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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?
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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?
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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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Forcing the EU to make a bold move
News, Leonid Bershidsky, Published on 03/03/2017
» In trademark EU style, European Commission President Jean-Claude Juncker outlined a vision for the bloc's future on Wednesday by presenting five of them. While some will see an attempt to shape the agenda without taking responsibility, it sounded more like an impatient call for members to find the courage to rally around an actual strategic decision.
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