Joseph Stiglitz, a Nobel-Prize winning economist, says cryptocurrencies should be shut down. He worries that they enable illicit activity by making money transactions less transparent.
Still, he sees the value in digital payments systems and supports electronic use of government-backed currencies like the dollar.
Ive been a great advocate of moving to an electronic payments mechanism. There are a lot of efficiencies. I think we can actually have a better regulated economy if we had all the data in real time, knowing what people are spending, he says.
https://www.cnbc.com/2019/05/02/joseph-stiglitz-we-should-shutdown-the-cryptocurrencies.htmlbig suprise another dinosaur talking about how bad bitcoin and other cryptos are and getting his information from the fud news all around the world.
All these old men big in their fields talking about something they have no real clue about.
like listening to most of the worlds gouvernements about weed and that they class it as a super dangerous drug lol.