In-depth | Cryptocurrency

Cryptocurrencies: an (in)feasible utopia

By - 03.03.2022

Kosovo started 2022 amid an energy crisis with power cuts and warnings about bill increases. One of the government’s interventions was to ban cryptocurrency mining.

In recent years, most of us have heard about cryptocurrencies in one form or another. Someone’s become a millionaire overnight, someone’s bankrupted overnight. Optimists see crypto as a tool of rapidly enriching ordinary people and achieving a utopia where there are no central banks and systems. Pessimists think that cryptocurrencies could negatively disrupt financial systems, enable money laundering and financial crime, and ultimately end up replicating the current financial system.

K2.0 explains the key aspects of cryptocurrencies and how they work.

 

 

This video has been produced with the financial support of the “Balkan Trust for Democracy,” a project of the German Marshall Fund of the United States and the Norwegian Ministry of Foreign Affairs. Opinions expressed in this video do not necessarily represent those of the  Norwegian Ministry of Foreign Affairs, the Balkan Trust for Democracy, the German Marshall Fund of the United States, or its partners.