THE CRYPTO-ECONOMY

THE INSANITY BEHIND CRYPTOCURRENCIES might have recently burst after Bitcoin, Ethereum and the other major coins experienced a massive price plunge from the heydays of $20,000 to a more sedate $8,000 in the space of days. But that only means that speculators have begun moving to other vehicles to make money and cryptocurrency advocates can continue with their original vision ‒ that of creating a new world economy. The inventor of Bitcoin might have been the anonymous Satoshi Nakomoto but the young genius currently leading the charge is Vitalik Buterin, the inventor of Ethereum. The outspoken 23-year-old has begun appearing in the limelight and has been vocal about his thoughts, ideas and visions for cryptocurrency. He might just be the person who will herald the next evolution of world finance. AM