2019-5-6 16:12 |
By CCN. com: Nobel-Prize winning economist Joseph Stiglitz believes that cryptocurrencies need to be shut down. Demonstrating precisely zero knowledge of the concept of peer-to-peer networks, he told CNBC that he “actually we should shut down the cryptocurrencies.
” Transparency Good, Bitcoin Bad Stiglitz claims he supports digital payment systems because they would help with regulation, saying: “I’ve 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. ” Lack of privacy
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