Deglobalization Is Happening. Crypto Is Part of the Answer

Regardless of the outcome of Putin’s aggression, individuals running businesses in Russia are likely to have far less access, above all, to international logistics systems including payments, shipping and transportation. These systems have become vastly more open in the past half-century, but there are still choke points at the nation-state level. SWIFT, the network that connects banks across borders, has kicked out at least seven Russian banks, for instance.