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An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, Thursday, Nov. 18, 2021.

‘It’s a casino operation’: As Turkish lira falls, some Turks turn to cryptocurrency

Economics

Millions of people in Turkey are turning to risky cryptocurrency investments in the hopes of protecting their savings or bringing in a side income. But economist Steve Hanke calls it a “casino operation.” “They’re not really investments,” he said.

A group of panelists address an audience at the State of the Net Conference in January. The panel consists of (from left to right) Jason Kaplan, Hilary Swab Gawrilow, James Cross, Mercina Tillmann-Dick and Justin Herman.

Women look to make their voices heard in new space created by male-dominated blockchain boom

Culture