Columbia University Professor: ‘Bitcoin Should be Outlawed’
Appearing on Bloomberg News recently, Columbia University professor and economist Joseph Stiglitz said he believes the cryptocurrency that today is so popular with online gamers “should be outlawed”.
“It doesn’t serve any social useful function,” he added. “We oughta just go back to what we always have had. And this is just a bubble….It’s a bubble that’s gonna give a lot of people some exciting times as it rides up and goes down.”
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