Sunday, July 17, 2022
Saturday, July 16, 2022
Crypto Goes Gonzo Globally (Report from Karen Marino)
Axios 2 hours ago - Economy & Business
Report: Cryptocurrency adoption skyrockets 880%
The cryptocurrency bug is real.



Driving the news: Crypto adoption by consumers around the world soared by 880% in the last year, according to a new index created by Chainalysis, a blockchain analysis company.
Why it matters: The increasingly widespread use of crypto tells different stories about the dynamics within different countries. Taken together, it shows that digital assets are becoming deeply embedded in the global financial system. . .
Progress on technology and exchanges has underpinned much of the growth in crypto adoption, Chainalysis’ director of research, Kim Grauer, tells Axios.
Zoom in: Vietnam took the top ranking for most widespread adoption. Usage there tends to be heavily speculative, Grauer says.
- "There's a really technologically savvy population of young people" who have limited access to investments like stocks and ETFs, she adds.
- Nigeria is also a top adopter. Usage there is more weighted toward actual commerce — especially for avoiding capital controls in order to import goods from trading partners like China, says Grauer.
SAVE The Logic of Mesa?
HHH
Visualizing the Hidden ‘Logic’ of Cities
In Chicago or Beijing, any given street is likely to take you north, south, east, or west. But good luck following the compass in Rome or Boston, where streets grew up organically and seemingly twist and and turn at random.
Geoff Boeing calls this structure the “logic” of a city, and he would know: An urban planning scholar at the University of California, Berkeley, Boeing developed a tool to let anyone visualize this urban logic in seconds.
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