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In this photo illustration of the litecoin, ripple and ethereum cryptocurrency "altcoins" sit arranged for a photograph beside a smartphone displaying the current price chart for ethereum on April 25th, 2018, in London, England. Cryptocurrency markets began to recover this month following a massive crash during the first quarter of 2018, seeing more than $550 billion wiped from the total market capitalization.

Economics

Viewfinder: Cryptocurrency in London

In this photo illustration of the litecoin, ripple and ethereum cryptocurrency "altcoins" sit arranged for a photograph beside a smartphone displaying the current price chart for ethereum on April 25th, 2018, in London, England.

Pacific Standard Staff

Economics

Why Bitcoin’s Value Could Eventually Approach Zero

Unless energy efficiency improves dramatically, demand for cryptocurrencies will eventually be self-limiting.

Richard Heinberg