Venezuela Joins the Social Credit Club

So you know all about China’s social credit system by now, right? You know, the one that I’ve been talking about for years? The one that we had a sneak preview of eight years ago in “You Are Being Gamed?” The one that’s being trial...

Venezuela’s New Cryptocurrency Is A Scam

A perfectly predictable thing happened when the Great Oil Price Plunge of 2014 pulled the rug out from Venezuela’s oilconomy: Foreign creditors stopped lending to Venezuela, the debt-saddled government devalued the currency to cover budget deficits, inflation...