This is an important read from Bloomberg Technology. It reports that Ethereum, the world’s largest cryptocurrency after bitcoin, has caught the attention of Vladimir Putin as a potential tool to help Russia diversify its economy beyond oil and gas.
Cryptocurrency is more than a technology bubble. If cryptocurrency takes off, there will possibly be no need for the US Dollar to be the world’s reserve currency – this currently gives the US strategic and geopolitical advantage.
Is Vladimir Putin going to outfox Trump with Ethereum?