Tag: economist

  • Opinion

    Why Nobel Winning Economist Joseph Stiglitz is Wrong about Bitcoin

    Noble Prize-winning economist and Columbia Professor Joesph Stiglitz has long presented his controversial opinions on what he sees as the shortcomings and dangers of Bitcoin. Prof. Stiglitz says Bitcoin Serves No Purpose Stiglitz has been on the public record saying that Bitcoin should be made illegal and that once...

    newsbtc | April 2, 2018 | 8:00 am
  • bitcoin
    Bitcoin

    Economics Professor Barry Central Bank Issued Digital Currency Cryptos

    Renowned Professor of Economics and Political Science, Barry Eichengreen, has declared that he believes decentralised cryptocurrency will “not really” play a part in the future of finance. For the University of California lecturer, it is far more likely that central bank-issued digital currency will be favoured, thanks to the...

    Rick D. | October 31, 2017 | 10:23 pm
  • schiller
    Analysis

    Robert Shiller: “Bitcoin is a Fad” but “I’ll take Bitcoin”

    Nobel Prize-winning economist Robert Shiller appeared on CNBC’s “Closing Bell” earlier today. During the interview he commented on the “strange enthusiasm” people seem to have for Bitcoin but ultimately sums up the cryptocurrency up as a “fad”, comparing it to the phenomena of bimetallism. For those unaware, bimetallism...

    Rick D. | October 17, 2017 | 2:27 am
  • NYU Economist and Professor Nouriel Roubini: Bitcoin a "Ponzi Game"

    The man who accurately forecasted the 2008 financial crisis isn’t shy on voicing his opinion on bitcoin. Nouriel Roubini took to Twitter on Sunday to tell his nearly 300,000 followers that he considered the digital currency to be a “ponzi game” and, well, not a currency at all. Here’s...

    Jayanand Sagar | March 10, 2014 | 1:24 pm

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