Acclaimed Economist Joseph Stiglitz Believes Bitcoin Has No Purpose (He’s Wrong).

Acclaimed Economist Joseph Stiglitz Believes Bitcoin Has No Purpose (He’s Wrong).
ôîòî ïîêàçàíî ñ : cryptodaily.co.uk

2018-7-12 06:00

Nobel Prize winning Economist, Joseph Stiglitz has spoken about about Bitcoin. The long and short of this assault is that Stiglitz believes Bitcoin should be made illegal. Stiglitz believes that it’s association with crime, fraud and laundering makes it a dangerous assets that should be criminalised.

He also believes that regulation won’t work as it will render Bitcoin useless anyway.

According to NewsBTC, Stiglitz told Bloomberg:

“We have a good medium of exchange called the dollar… we can trade in that.

Continue reading Acclaimed Economist Joseph Stiglitz Believes Bitcoin Has No Purpose (He’s Wrong). at Crypto Daily™.

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Joseph Stiglitz, Nouriel Roubini, and Kenneth Rogoff have once again come out of the woodwork to attack Bitcoin — though they might need to get their facts straight.   ‘No Government Can Allow That’ Joseph Stiglitz, a Nobel Prize-winning economist and professor at Columbia University, believes Bitcoin will be shut down by governments around the world — while illustrating a serious lack of knowledge on what Bitcoin even is.

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