Post
Topic
Board Economics
Re: Joseph Stiglitz: ‘We should shut down the cryptocurrencies’
by
SaShiRaJaVu
on 13/05/2019, 01:44:06 UTC
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.
This is the major problem with all the economist who does not have a clue what they are talking about, he thinks that bitcoin can be shut down  Cheesy a global crack down on all the miners, blockchain is the most transparent thing you can ever get and still he think that it is the opposite, the only thing these prize winning economist can do is to stop giving advice to the things they cannot understand  Tongue.