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I do not understand where the backing of Bitcoin is coming from. There is no fundamental issue of capabilities of repaying it in anything which is universally acceptable, which is either intrinsic value of the currency or the credit or trust of the individual who is issuing the money, whether it’s a government or an individual.

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Alan Greenspan

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Crony capitalism is essentially a condition in which… public officials are giving favours to people in the private sector in payment of political favours.

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Putin probably, almost certainly, thinks that one of the great disasters of the 20th century was the demise of the Soviet Union. It’s very obvious that he’s trying to work its way back and maintain something similar to that sort of institution.

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April 21, 2024

Putin probably, almost certainly, thinks that one of the great disasters of the 20th century was the demise of the Soviet Union. It’s very obvious that he’s trying to work its way back and maintain something similar to that sort of institution.

Previous

April 21, 2024

Crony capitalism is essentially a condition in which… public officials are giving favours to people in the private sector in payment of political favours.

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