I write in The Guardian that Facebook’s cryptocurrency, officially unveiled June 18, heralds the rise of the corporation-government, potentially shaping the already vast powers of the Silicon Valley giants into a borderless, unaccountable techno-oligarchy.
I wrote in the Globe and Mail about Vancouver’s potential Bitcoin ATM ban and its disproportionate impact on sex workers. The ATMs are hardly representative of cryptocurrency, and few investors may be mourning their loss. But lost in the news is the consideration of who exactly is using them: some of whom are often on society’s fringes.
In The Tyee, I write an essay based on Ben Mezrich’s Bitcoin Billionaires (Flatiron, 2019), laying out the push to make a scared public embrace cryptocurrencies. There is a changing of the guard in crypto-blockchain. The idealistic, outsider mentality of the early adopters is being squeezed by the pragmatic, rule-abiding and regulator-pleasing ambitions of a new breed of entrants.
In the Toronto Star, I write about how I’m no big fan of Bitcoin ATMs, which profit in part from the unbanked, but that Vancouver’s potential ban on those machines is the wrong approach. The city is trying to curb alleged money laundering, but the punishment is too broad, and its effectiveness questionable. It’s like shooting mosquitoes with a shotgun.
I write in Business Traveller Asia-Pacific that cryptocurrency solves the problem of why credit card acceptance is not as ubiquitous as travellers would like it to be.