The world of cryptocurrencies and Bitcoin

Not understood by practically anyone, unattainable to most of the world population, hated by most governments, bad for the environment, easily manipulated by a single word of a few people — welcome to the world of cryptocurrencies.

In my 25-year career in currencies markets, I have seen it all. I was there the first day when the members of the EU countries abandoned their national currencies for the euro and a single European Market. I witnessed the astonishing hyperinflation in Zimbabwe, the crash of oil-rich Venezuela and the rise and fall of many others.

But the phenomenon of cryptocurrencies is something new and something that is worth talking about.
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The Bennington Banner is a daily newspaper published in Bennington, Vermont. The paper covers local, national, and world news. It is distributed throughout Southwestern Vermont and eastern New York (Rensselaer and Washington Counties). The paper is owned by New England Newspapers Inc. and is published Monday through Friday, plus a weekend edition.

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