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Economic Turmoil: The Chances and Challenges for Blockchain and Crypto

Published 09/23/2019, 07:25 AM
Updated 09/23/2019, 07:41 AM
Economic Turmoil: The Chances and Challenges for Blockchain and Crypto

Everywhere you look these days, there’s turbulence in the economy. A bitter trade war is seeing the United States and China slap ever-increasing tariffs on goods on a tit-for-tat basis. Over in the United Kingdom, never-ending uncertainty shrouds Brexit, with politicians in Westminster and Brussels at an impasse over the country’s imminent departure from the European Union.

A shock election result in Argentina caused the peso to crash, while hyperinflation in Zimbabwe and Venezuela means everyday essentials are dramatically rising in price on a daily basis. On top of all that, protests continue in Hong Kong amid concerns about interference from the Chinese mainland.

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