cryptocurrency cryptocurrency
Stories About


A kilogram, or just over 2 pounds, of tomatoes sits next to the 5 million "strong" bolivars needed just to buy the bunch at an informal market in a low-income neighborhood of Venezuela's capital, Caracas. Carlos Garcia Rawlins/Reuters hide caption

toggle caption
Carlos Garcia Rawlins/Reuters

Massena, N.Y., Town Supervisor Steven O'Shaughnessy says the community is hungry for jobs, and cryptocurrency miners could represent a huge opportunity. "They need lots of power," he says. "And we can provide that." David Sommerstein/NCPR hide caption

toggle caption
David Sommerstein/NCPR

Cryptocurrency Miners Make Big Promises In Small Towns

  • Download
  • <iframe src="" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

The Justice Department has charged Zoobia Shahnaz, 27, with bank fraud and money laundering. She allegedly converted money from credit cards into cryptocurrencies including bitcoin and transferred it abroad in support of ISIS. Dan Kitwood/Getty Images hide caption

toggle caption
Dan Kitwood/Getty Images

Faced with rocketing inflation and low oil prices, Venezuela has introduced new, larger banknotes this year. Now the country is planning a cryptocurrency tied to its oil reserves. Juan Barreto/AFP/Getty Images hide caption

toggle caption
Juan Barreto/AFP/Getty Images

Economists say small-business owners — especially farmers dealing in high volume and low profit margins — are more likely to accept a volatile currency like Bitcoin than bigger businesses. Allen Sheffield/Flickr hide caption

toggle caption
Allen Sheffield/Flickr