Imagining World War I… Under Bitcoin

2014 marks the centennial anniversary of World War I. The world was a different place a century ago, but in at least one respect, they are becoming similar– the gold standard of the early 20th century era is much like the new cryptocurrency Bitcoin, which is scarce by design and a good store of value. In the spirit of learning from the past, it is useful to consider what would have happened if the biggest monetary trend of 2014 had been in existence in 1914– would it have prevented inflation? Brought peace? Stopped the growing authoritarianism? Let’s begin with the […]

The Dance of Twitter-plomacy

UPDATE: One day after this post was published, Michael McFaul announced his resignation from the post. The New York Times wrote a frank article about him, where his  Twitter skills took front and center. It is good to see mainstream publications are recognizing government talent in digital skills!   Contemporary communication brings a need for diplomacy to even seemingly trivial channels. Case in point: a few days ago, the US Ambassador to Moscow Michael McFaul posted the following tweet about the upcoming Olympics in Sochi: McFaul is in an interesting position on this. On the one hand, the Olympics are an inherently […]