Columbia University Economics Professor Joseph Stiglitz, a long time financial transparency advocate who won the Nobel Prize for Economics in 2001 says cryptocurrencies function poorly as currencies, push economic activity underground and, for these reasons, should be “shut down.” Stiglitz made the comments in an interview at CNBC…. Read More
It was recently reported that the former chief economist of the World Bank wants Bitcoin banned, saying “Bitcoin is successful only because of its potential for circumvention, lack of oversight” You missed something crucial. Because of the ‘McKinsey’ factor. The operative rules (laws of nature from… Read More
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