GLOBALIZATION + STATECRAFT + POLITICS
This is why China finally halted its bitcoin boom: Chinese authorities have tried to ban cryptocurrencies many times before. This time, it’s different.
Wired
+ The reasons for China’s increasingly severe bans on crypto range from its role as a vehicle for money laundering and smuggling, to environmental pollution and the intensive electricity used in mining for bitcoin.
Meanwhile in India, a sixth of urban Indians are investors in cryptocurrency: Quartz reports India’s cryptocurrency craze could be set to grab a bigger share of the investment pie. According to a survey conducted by consulting firm Kantar, 19% of urban Indians intend to invest in virtual tokens in the next six months. Those who claim to currently own cryptocurrency—16%—mostly fall in the age bracket of 21-35, and live in metro cities. Teenagers are also investing.
DISRUPTION + INNOVATION
Electric cars have hit an inflection point: One sign EVs are no longer the auto industry’s neglected stepchild? Norway could sell its last gas-powered car as soon as next year.
Robinson Meyer
COMMERCE
alkspace president on therapy app's explosive pandemic growth: 'It was a pivotal moment': President Mark Hirschhorn on how the pandemic and the rise of telemedicine have helped fuel the digital disruptor’s mission to democratize access to affordable mental health care.
US Chamber
+ By 2024, the sleep industry is expected to be worth $585B
Latin America finds a champion in SoftBank Group International CEO Marcelo Claure: SoftBank is gaga for startups in Latin America. Since first announcing it was planting a stake in the ground in the region in early 2019, the Japanese conglomerate has plugged more than $5 billion into the region, and it expects that number to top $8 billion by year’s end.
TC
Global IB exam chief: How jazz provides lessons in management: The International Baccalaureate’s Olli-Pekka Heinonen believes that leadership centers on implementation, not strategy.
FT
CULTURE
Elevate your après-ski game with these whiskey cocktails: Ski season is right around the corner, which means après season is, too.
Outside
My mission to find the best truck of all time: At some point in every adventurous life, you need to pursue something completely trivial with such single-minded focus that it nearly drives you mad. Allow me to explain.
Nick Heil
SPORT
Could thru-hiking Colorado’s fourteeners become a thing? Pawel Szafruga recently did the unthinkable by summiting all of Colorado’s 14,000-foot peaks in a single thru-hike. Will others follow?
Outside
The natural: Izzi Gomez: If there’s a limit to how far five-time stand-up paddle surfing world champion Izzi Gomez can go in surfing, she hasn’t found it yet.
Red Bulletin
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