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Cryptocurrency: A New and Dangerous Climate Disruptor

From resilience.org

The get-rich-quick scheme, banned in China and elsewhere, is invading U.S. communities unchecked, posing as an “equalizing, democratizing” currency. It’s not. In capitalism every few years or decades something new comes along that causes rapid creation of wealth — think microwaves, electronics, and military weapons expansion during the Cold War; semiconductors; the rise of venture capital as an industry; the personal computer craze of the 1980s; the rise of the Internet and hedge funds in the 1990s followed by Internet commerce, genomics, nanotechnology, and the commercialization of information gathering and ... (full story)

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  • Category: Fundamental Analysis