‘Regulate it Out of Existence’: Nobel Economist Fails to Find a Purpose for Bitcoin [Again]

‘Regulate it Out of Existence’: Nobel Economist Fails to Find a Purpose for Bitcoin [Again]

The post ‘Regulate it Out of Existence’: Nobel Economist Fails to Find a Purpose for Bitcoin [Again] appeared first on CCN

Economist Joseph Stiglitz won the Nobel Prize in Economic Sciences in 2001 for analyzing markets with asymmetric information, but he can’t find a useful function for bitcoin. This according to a recent article in Business Insider, which cited the Nobel-winning economists from Davos, Switzerland at the 2018 World Ecomomic Forum in an interview with Bloomberg.

The post ‘Regulate it Out of Existence’: Nobel Economist Fails to Find a Purpose for Bitcoin [Again] appeared first on CCN

Gerelyn Terzo