Opinion: When the crypto crisis hits (and it will soon), the US will be forced to strip away the cloak of anonymity that facilitates criminal acts and which gives crypto its allure
CAMBRIDGE, Mass. (Project Syndicate) ithWith cryptocurrency prices plummeting as central banks start to raise interest rates, many are wondering if this is the beginning of the end of the bubble. Perhaps not yet. But a higher opportunity cost of money disproportionately drives down the prices of assets whose main uses lie in the future. Ultralow…