Blockchain’s principles closely mirror the principles of indigenous economies. Since the dawn of digital technology, however, indigenous groups have been shut out. As indigenous economies grow more technologically involved, blockchain presents a pathway toward greater coordination, sovereignty, digital literacy, and shared ownership. 

For the past ten weeks, Russia’s advance into Ukraine has exhibited more elements than pure bloodshed. Western nations have slapped sanctions on Russia, weakening its economy and condemning its war crimes. What's more, the European Union aims to phase out oil dependence on Russia. Put simply, these economic weapons are costing Russian oligarchs their yachts. Yet we can’t forget that this is the first war with cryptocurrency — one where sanctions and politics are much more complex.

As El Salvador nears its first anniversary since crowning bitcoin, its legal currency, the country’s progress speaks volumes to Bitcoin’s viability. Before, El Salvadorian youth wanted to escape and instead pursue the American Dream. After the President declared a legal bitcoin would grant “70% of the population” access to financial services, the youth gained hope. Now the question remains: Has the financial experiment worked?

In the face of a pandemic and modernization, banks are switching their business model. Financial institutions are following the trend of lowering their “branch footprint.” The benefits are multifold. For large banks, this means closing their branches and merging with smaller banks, helping fintech investment. Too often, though, has the media ignored the consequences.

Last year when China banished cryptocurrency, experts believed that the market was doomed to crash. It didn't. The twist was that China’s crackdown wasn’t a total crackdown. Although mining was prohibited in China, the miners moved operations to other countries.