ThePowerBrunch
Published in

ThePowerBrunch

Sri Lanka is Just the Beginning — More Defaults Are Coming & Perhaps Another Case for Bitcoin

Photo by nikko macaspac on Unsplash

During the first two weeks of April, 2022, Sri Lanka defaulted on its debt for the first time since the island country declared its independence — almost 75 years ago. To seasoned economists, this likely wasn’t a surprise — as the signs of debt default were all there, with its occurrence likely more a matter of when, and not if.

--

--

--

Crypto, blockchain, and other complex stories, covered in a way that everyone can understand.

Recommended from Medium

Migration and Continuity Remain

King Tonto Dikeh

Tiananmen Revisited: My Interview with Exiled Political Reformer Yang Jianli

Jews Occupy a Lonely Place

Power Asymmetry in the China-India Brahmaputra River Dispute

All You Want To Know About The Famous Israel’s Iron Dome Air Defence System

All You Want To Know About The Famous Israel’s Iron Dome Air Defence System

Faces of war and peace in Yemen

Post-Soviet PTSD and the Future

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Ryan C

Ryan C

I write about blockchain, crypto, the creator economy, NFTs, DeFi, & (insert buzz word here). Sometimes, I write about other things too.

More from Medium

Bitcoin is the Hardest Money Ever Created. Here’s What that Actually Means.

8 Reasons Not to Invest in Bitcoin Right Now

Famous Investor Kevin O’Leary Believes Bitcoin Regulation and Future Growth Is Inevitable

Dumb Things Crypto Investors Say