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Friday, April 25, 2025

Deglobalization Is Happening. Crypto Is Part of the Answer - CoinDesk

We woke up this morning to two very different yet deeply related pieces of news. In the Baltics, President Vladimir Putin announced that Russia would annex four regions of Ukraine, signaling the continued intensity of the war there. And in Florida, hurricane Ian has inflicted catastrophic damage, unprecedented even for that perennially hurricane-prone state.
In different ways both events highlight the need to reshape the fundamental infrastructure of human society into something more robust, transnational, individualized and fluid. That includes the need for financial networks that can’t be cut off by autocratic leaders or destroyed by natural disasters.
These points were perhaps less obvious when the Bitcoin project was launched in 2009. Russia was still plausibly on a path to Western-style liberalization, and more generally there was a sense that democratic politics and market economies would become the universal standard. And while events like 2005’s Hurricane Katrina had already...



Read Full Story: https://www.coindesk.com/layer2/2022/09/30/deglobalization-is-happening-crypt...

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